$ 725,000
-
$725,000
Price -
6
Bed -
4
Bath -
2,620
SqFt -
0.14
Acre
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About the Listing ROUTF1 - 3279154
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!
Listing Highlights for 1083 1083-1085 Main St
Status
Pending
Days on Site
14
Property Type
Multi-Family
MLS ®
PANH2010882
Year Built
1908
Total Square Footage
2,620
Lot/Acreage
0.14
County
Northampton
School District
Saucon Valley
Elementary School
Saucon Valley
Middle School
Saucon Valley
High School
Saucon Valley
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Ductless/Mini-Split,Window Unit(s)
- Heating: Hot Water,Radiator,Forced Air,Heat Pump(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2620
- Basement: Full,Outside Entrance,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 0.00 x 0.00
- Zoning: Mixed use
- Roof: Architectural Shingle
- Others: Good
- Sewer: Public Sewer
- Parking Features: Assigned,Paved Parking,Private,On Street,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,533
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
1083 1083-1085 Main St Hellertown, PA 18055
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