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$ 550,000
Est. payment | /mo
4,500 SqFt
$ 550,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $122
MLS Listing ID 776087
HOA Y/N No
Year Built 1890
Annual Tax Amount $4,003
Lot Size 3,528 Sqft
Acres 0.081
Property Sub-Type Apartment
Property Description
Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total. 3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall. new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, . Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.
Location
State PA
County Northampton
Area Portland
Direction R6 611 N to Portland. Property on left side
Interior
Cooling None
Inclusions Real Estate Only
Fireplace No
Exterior
Water Access Desc Public
Street Surface Asphalt
Road Frontage State Road
Building
Water Public
Schools
School District Bangor
Others
Tax ID B11SE3C6 14 0127
Special Listing Condition None
Listed by Realty Solutions of Pa
Nearby Locations
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