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Listed by Christopher Zajacik • Grace Realty Company Inc
$ 599,900
Est. payment | /mo
7,650 Sqft Lot
$ 599,900
Est. payment | /mo
7,650 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PANH2010988
Year Built 1900
Annual Tax Amount $6,645
Tax Year 2026
Lot Size 7,650 Sqft
Acres 0.18
Property Sub-Type Other
Source BRIGHT
Property Description
Solid 5-unit apartment building in popular Borough of Hellertown. This is an excellent value add situation for new owner as rents are well below market rate. Fully occupied building allows for immediate cash flow as new owner plans future strategy to capitalize on the full potential for this property. Ideas to increase return include adjusting the rents, separating the common heating system, light renovations on the some of the apartments or perhaps adding coin operated washers or storage in the basement. The building is situated on a great corner location that offers a short walk to Hellertown Park and recreation complex. Location offers easy access to Route I-78, new hospital as well as south into Bucks County meaning your tenant pool will always be substantial. Whether you just starting as in investor, or own a substantial portfolio, you do not want to miss this opportunity.
Location
State PA
County Northampton
Area Hellertown Boro (12415)
Zoning R2
Interior
Hot Water Oil
Heating Radiator
Cooling None
Heat Source Oil
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Saucon Valley
Others
Tax ID Q7SW3B-6-7-0715
Ownership Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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