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Key Details
Sold Price $285,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $163
Subdivision Not In Development
MLS Listing ID 782564
Sold Date 09/30/26
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,802
Lot Size 2,744 Sqft
Acres 0.063
Lot Dimensions 36 x 89
Property Sub-Type Apartment
Property Description
INVESTMENT OPPORTUNITY!!! Terrific 2 unit yielding nearly a 8.4% cap rate at current list price. This yield could be much higher as currents rents are below market rents. Property consists of a 1st floor 2 bedroom apt and a 2nd floor 1 bedroom apt, and a detached garage. Apartments have modern kitchens and baths. Tenants are responsible for all utilities (gas heat and hot water and electric) except for water and sewer. This property is located near shopping, entertainment venues and major transportation routes. This is a definite MUST SEE!!!
Location
State PA
County Northampton
Area Freemansburg
Direction West on Freemansburg Ave to left on Main Street, or Pembroke Rd to right on Washington Street to right on Main Street. Property is on the right
Interior
Heating Baseboard, Gas, Hot Water
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage, Off Street, On Street
Water Access Desc Public
Total Parking Spaces 2
Garage Yes
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Bethlehem
Others
Senior Community No
Tax ID N7SW3C-10-3-0212
Financing Conventional
Special Listing Condition Trust
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Bought with IronValley RE of Lehigh Valley
NEARBY SCHOOLS & BUSINESSES
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