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Key Details
Sold Price $405,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,166 sqft
Price per Sqft $186
Subdivision Not In Development
MLS Listing ID 727708
Sold Date 01/03/24
Style Colonial
Bedrooms 3
Full Baths 3
Abv Grd Liv Area 2,166
Year Built 1900
Annual Tax Amount $4,540
Lot Size 4,879 Sqft
Property Description
**4-UNIT INVESTMENT PROPERTY** NEW LISTING ** Amazing CONDITION & LOCATION ** FULLY OCCUPIED ** Rents are below market value because all tenants have been there long term & potential for future increases to make more profit. Tenants are clean & take really good care of their units, they also pay rent on time, never late. As you can see from the pictures ALL UNITS are in EXCELLENT CONDITION. All KITCHENS & BATHROOMS are REMODELED & MODERN therefore allowing to ask for higher rents. There is a FENCED YARD & a 2-CAR OFF STREET parking pad in the rear alleyway. NEWER ROOF on building & garage. Newer Hot water heaters. Newer 3-Zone hot water boiler. There is a DETACHED OVERSIZED GARAGE rented as well, this garage has POSSIBLE potential to be converted to a 4th residential studio apartment, please ask Borough Zoning before assuming that can be done. All 3 apartment units are 1BR, 1BATH w/LAUNDRY hookups inside each unit. the 4th Unit is the garage. There is also a FULL BASEMENT & an ATTIC for storage. Landlord pays heat, water, sewer, trash. Tenants pay electric & hot water. Call your Agent to schedule a tour as soon as possible. This type of property in this location is in HIGH DEMAND & we do expect a fast sale to happen. Thank you for your interest in our listing!!
Location
State PA
County Lehigh
Area Emmaus
Rooms
Basement Full
Interior
Interior Features Attic Storage, Den/Office, Expandable, Expandable Attic, Extended Family Qtrs, Family Room First Level, Family Room Lower Level, Foyer, Laundry First, Laundry Lower Level, Laundry Second, Recreation Room, Studio Apartment, Utility/Mud Room
Hot Water Electric
Heating Gas, Hot Water, Zoned Heat
Cooling Ceiling Fans, Window ACs
Flooring Laminate/Resilient, Tile, Wall-to-Wall Carpet
Fireplaces Type Woodburning
Exterior
Garage Detached, Off & On Street, Off Street, Parking Garage, Parking Pad
Building
Story 2.5
Sewer Public
Water Public
New Construction No
Schools
School District Not Applicable
Others
Financing Cash,Conventional,FHA,Seller Assisted,VA
Special Listing Condition Not Applicable
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Bought with KW Commercial - Stroudsburg