Emmaus Borough, PA 18049,117 South 5th Street
Emmaus Borough, PA 18049,117 South 5th Street
Emmaus Borough, PA 18049,117 South 5th Street
$405,000
Est. payment /mo
$395,000
2.5%
Est.Price: ?

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3 Beds
3 Baths
2,166 SqFt
SOLD DATE : 01/03/2024

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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Listed by RE/MAX Central - Center Valley
Bought with KW Commercial - Stroudsburg

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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