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Brian Foraker

brian@forakersales.com +1(302) 420-4616

Listed by Ken Solt • Realty Outfitters

$ 725,000

Est. payment | -/mo

2,620 SqFt

Save

$ 725,000

Est. payment | -/mo

Save

2,620 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,620 sqft

Price per Sqft $276

MLS Listing ID PANH2010882

Style Other

Abv Grd Liv Area 2,620

Year Built 1908

Annual Tax Amount $6,532

Tax Year 2026

Lot Size 6,000 Sqft

Acres 0.14

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Back on the market due to fault of its own! 4 Unit FULLY occupied investment property now available in the desirable Borough of Hellertown. This unique building has been proudly owned by the same family since its construction as 2 twins in 1908, before being converted to apartments in the early 1960s. The current owner (and former resident) has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features 2 one-bedroom and 2 two-bedroom apartments each with its own separate entrance and 2 dedicated off-street parking spaces. Landlord overhead is low, as the property features separate utility meters with tenants responsible for paying their own electric, gas, water, and sewer bills. Upside potential exists within the current rent roll and operating expenses. Current gross monthly income is nearly $5,000 and the cap rate at list price is 6.75% with 8%+ easily attainable given some updates and market rents. Each unit has been inspected by the Borough so no rental inspections are due until 2031. Call today to view this property and add it to your portfolio!

Location

State PA

County Northampton

Area Hellertown Boro (12415)

Zoning M

Rooms

Basement Full, Outside Entrance, Unfinished

Interior

Hot Water Electric

Heating Hot Water, Radiator, Forced Air, Heat Pump(s)

Cooling Ceiling Fan(s), Ductless/Mini-Split, Window Unit(s)

Fireplace N

Heat Source Electric, Natural Gas

Laundry None

Exterior

Garage Spaces 10.0

Parking On Site 8

Utilities Available Cable TV

Water Access N

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 10

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2620

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Saucon Valley

Middle Schools Saucon Valley

High Schools Saucon Valley

School District Saucon Valley

Others

Tax ID Q7SW2A-2-23-0715

Ownership Fee Simple

SqFt Source 2620

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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1083-1085 MAIN ST Hellertown, PA 18055