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Key Details
Sold Price $315,000
Property Type Condo
Sub Type Apartment Style,Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,501 sqft
Price per Sqft $69
Subdivision Not In Development
MLS Listing ID 669887
Sold Date 07/29/21
Year Built 1900
Annual Tax Amount $5,296
Lot Size 3,750 Sqft
Property Description
TURN KEY INVESTMENT with a +11% CAP RATE AND ROOM FOR GROWTH!! This well maintained 4,500 SF property is fully rented and features a first floor commercial space and 2 second floor apartments. Located in the center of Pen Argyl Borough, the building features vinyl siding, updated roof and a small paved parking area in the back. The first floor unit lends over 2200 SF of private offices, waiting room, reception, kitchen, 2 half-baths, central AC and a partially finished lower level. The 2nd floor apartments are both 2 beds, 1 bath each with private access, updated kitchens, attic storage and stackable washer/dryers. The building has gas heat/hot water, LOW TAXES and will bring an immediate return on your investment. Call today to schedule a private tour!
Location
State PA
County Northampton
Area Pen Argyl
Interior
Cooling Central AC, Window AC
Exterior
Garage Paved Lot
Garage Spaces 2.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Pen Argyl
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with Better Homes&Gardens RE Valley