Northampton Borough, PA 18067,1651 Canal Street
Northampton Borough, PA 18067,1651 Canal Street
Northampton Borough, PA 18067,1651 Canal Street
$385,000
Est. payment /mo
$399,000
3.5%
Est.Price: ?

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7 Beds
4 Baths
2,998 SqFt
SOLD DATE : 05/22/2024

Key Details

Sold Price $385,000

Property Type Commercial

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,998 sqft

Price per Sqft $128

Subdivision Not In Development

MLS Listing ID 734025

Sold Date 05/22/24

Bedrooms 7

Full Baths 4

Year Built 1900

Annual Tax Amount $5,488

Lot Size 10,560 Sqft

Property Description

*Highest and Best Needed by Monday, March 18, 2024, by 12:00PM.* Schedule today to add this desirable 4-unit property to your investment portfolio. All units are occupied the current cap rate is approximately 11%. Unit 1 is a 2 bedroom 1 bathroom apartment with long-term tenants who also complete snow removal and lawncare of the property. Unit 2 is a large 1 bedroom that spans the 2nd and third floor of the property. Unit 3 is a smaller 1 bedroom unit on the 2nd floor. Unit 1 has a private entrance in the rear. Units 2 and 3 have a shared entrance in the front. As you continue around to the back of the property you will find the detached ranch home that is 3 bedrooms (1 walk-through room) with 1 bathroom and full basement. Units 1 and the rear have access to washer and dryer hook-up. All tenants pay their own Utilities. There are pets in the property.

This would be a great opportunity for a long-term investor or anyone looking to start their investment owner journey!

Location

State PA

County Northampton

Area Northampton

Interior

Cooling Ceiling Fans

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Northampton

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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Listed by DKR Property Mgmt & Maint LLC
Bought with Miklas Realty

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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