1915 Main ST, Northampton Boro, PA 18067
1915 Main ST, Northampton Boro, PA 18067
1915 Main ST, Northampton Boro, PA 18067
1915 Main ST, Northampton Boro, PA 18067
1915 Main ST, Northampton Boro, PA 18067
1915 Main ST, Northampton Boro, PA 18067
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$ 699,900
Est. payment | /mo

3,589 SqFt


Save
$ 699,900
Est. payment | /mo
Save

3,589 SqFt

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,589 sqft

Price per Sqft $195

MLS Listing ID 784835

Construction Status Unknown

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,028

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Apartment

Property Description

This 4-unit apartment property features a mix of spacious 2-bedroom, 1-bath and 1-bedroom, 1-bath residences, offering multiple income streams under one roof. The property currently generates $5,505 in gross monthly income and $66,060 in gross annual income. With approximately $11,582 in annual operating expenses, the estimated Net Operating Income (NOI) is $54,478; this represents an estimated 7.78% cap rate. Additional features include a generously sized yard, a 2-car garage, and a separate single-car garage currently utilized for storage. Above the garage is a sizable loft providing additional storage space and income. Conveniently located along Main Street in Northampton, the property offers easy access to local restaurants, shopping, businesses, schools, and major roadways. With four residential units, garage and storage space, multiple income streams, and high current rental income, this property presents an attractive opportunity for investors. Seller has multiple listings live from their portfolio: MLS #784812 and MLS #784832

Location

State PA

County Northampton

Area Northampton

Direction Head south on Laubach Ave. Turn right onto E 14th St. Turn right onto Main St.

Interior

Heating Gas

Cooling Wall/Window Unit(s)

Inclusions Lease

Fireplace No

Exterior

Parking Features Detached, Garage, On Street

Water Access Desc Public

Street Surface Asphalt

Road Frontage City Street, Town Road

Garage Yes

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Northampton

Others

Tax ID L4SW4B-3-19-0522

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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1915 Main ST