112 W 25th ST, Northampton Boro, PA 18067
112 W 25th ST, Northampton Boro, PA 18067
112 W 25th ST, Northampton Boro, PA 18067
112 W 25th ST, Northampton Boro, PA 18067
112 W 25th ST, Northampton Boro, PA 18067
112 W 25th ST, Northampton Boro, PA 18067
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Lucy Lennon

Lucy Lennon

+1(610) 533-1231
$ 649,900
Est. payment | /mo

4,174 SqFt

Save
$ 649,900
Est. payment | /mo
Save

4,174 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,174 sqft

Price per Sqft $155

Subdivision Not In Development

MLS Listing ID 784832

Construction Status Unknown

HOA Y/N No

Year Built 1930

Annual Tax Amount $5,973

Lot Size 0.406 Acres

Acres 0.406

Property Sub-Type Apartment

Property Description

Excellent investment opportunity offering strong existing income with additional value-add potential! This property currently features two spacious residential units, both offering generous living space and additional loft areas. The entire first floor provides a large third storage unit spanning the footprint of the building, creating substantial additional space and future possibilities. The potential for creating additional residential units has been discussed with the Borough; any conversion or additional units would be subject to Borough approval, zoning, permitting, and applicable requirements. Current residential rental income totals $4,600/month or $55,200 annually. With reported annual expenses of approximately $9,382, the property generates an estimated NOI of $45,818. At the $649,900 list price, this represents an estimated 7.05% cap rate based on the provided income and expenses. A unique opportunity for an investor seeking immediate rental income with additional space and potential for future expansion. Seller also has listed from their portfolio: MLS #784835 and MLS #784812

Location

State PA

County Northampton

Area Northampton

Direction Head south on Laubach Ave. Turn right onto E 14th St. Turn right onto Main St. Turn left onto Cherryville Rd. Turn right onto W 25th St. Turn right onto Carp Aly.

Interior

Heating Electric, Forced Air

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two and One Half

Construction Status Unknown

Schools

School District Northampton

Others

Senior Community No

Tax ID L4NW4D-5-2-0522

Special Listing Condition None

Listed by Coldwell Banker Hearthside

Nearby Locations

Main Street Real Estate Group

Contact Me For More Information!

+1(610) 365-1362

info@mainstbethlehem.com

446 Main St, Bethlehem, PA 18018, USA

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112 W 25th ST