1712 Main Street,Northampton Boro, PA 18067
Northampton Boro, PA 18067
Description
Add a fully occupied, income-producing mixed-use property to your portfolio! Located on Main Street in Northampton, this property offers three separate revenue streams with one commercial unit and two residential apartments. 9.5% Cap rate at current asking price. The commercial space features over 1,400 square feet and is currently leased to a tenant with long-term plans to remain. The residential units include a spacious 3-bedroom, 1-bath apartment with over 1,200 square feet and a 1-bedroom, 1-bath apartment offering approximately 700 square feet. The tenants pay all utilities including electric, heat, water and sewer. With established tenants already in place, this property is generating income from day one. Situated in a highly rentable area with strong demand, this is a turnkey opportunity for investors looking to grow their portfolio with a stabilized mixed-use asset. Contact the listing agent for financials, lease information, and a private showing.
Details
| MLS # | 785727 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1925 |
| Days On Site | 11 |
| Listing Provided By | IronValley RE of Lehigh Valley | Jesse S. Moyer |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,903 |
| Units | 3 |
| Zoning | 22C1 |
| Acreage | 0.07 |
Parking
| Parking Features | On Street |
|---|
Taxes
| Tax Annual Amount | 3794.03 |
|---|
Area Information
| State | PA |
|---|---|
| County | Northampton |
| City | Northampton Boro |
| Zip Code | 18067 |
| Area | Northampton |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $350,000 low | high Med: $290,000 sqft: 3,903 low | high Med: 1,901 $ / sqft: $90 low | high Med: $175 On site: 11 low | high Med: 9.5 | |
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Learn More About This Property
| State | PA |
|---|---|
| County | Northampton |
| City | Northampton Boro |
| Zip Code | 18067 |
| Area | Northampton |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $350,000 low | high Med: $290,000 sqft: 3,903 low | high Med: 1,901 $ / sqft: $90 low | high Med: $175 On site: 11 low | high Med: 9.5 | |
