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124 N Main Street, Coopersburg, PA 18036

$440,000 Sale Pending

  • For Sale
  • Pending
  • Apartment
124 N Main Street, Coopersburg, PA 18036View this property at 124 N Main Street, Coopersburg, PA 18036
124 N Main StreetCoopersburgPA18036

Property Description

Cash flowing 5 unit apartment building housed on almost 1 acre located on Main street in Coopersburg, PA with 10% cap rate at asking. Financials and model can be provided with management and vacancy rate added. Landlord continuously renovates units when tenants move out. Immediate re-rent. Tenants pay all utilities. All apartments have sizable living spaces with two (2), four (4) bedroom apartments, one (1), three (3) bedroom apartments, and two (2), one (1) bedroom apartments. *Brand new paving. *Some new roofs. *Newer windows. The tenants pay for heat, and electricity. The building is 4,535 sq ft. Includes one garage parking spot at 50/mo, one covered parking spot, and 12 parking spaces. The building rent is $5,125/mo. *Sidewalks
recently redone* * Conveniently located near interchange and local restaurants, parks, and schools.

Full Property Detailsfor 124 N Main Street

General

  • Price: $440,000
  • Taxes: $7,410 (2017)
  • Status: Pending
  • Type: Apartment
  • MLS ID: 1004159465
  • Updated: 5/15/2018
  • Added: 185 day(s) ago

Business

  • Business Type: Apartment Building
  • Includes: Land and Building, Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Location

  • Area: Coopersburg Boro (12305)
  • County: Lehigh
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: E Landis

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding, Brick, Stucco
  • Stories/Levels: 0
  • Finished Above Grnd: 4,535 Sq. Ft.
  • Year Built: 1875
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.9
  • Lot Size (Sq. Ft.): 39,204
  • Lot Dimensions: 0.90 ACRES
  • Zoning: C1

Financial Considerations

  • Price Per Sq. Ft.: $97.02
  • Tax w/Assessment: $298,100
  • Tax Amount: $7,410
  • Tax Year: 2017
  • Tenant Pays: Electricity, Heat

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Century 21 Keim Realtors, Timothy M Mahon

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Schools

Schoolsserving 124 N Main Street

School District:Southern Lehigh School District
School Name
Grades
Distance
Southern Lehigh Senior High School
5800 Main St, Center Valley, PA 18034
9-12
1.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 124 N Main Street Get Price Alerts

Date
Details
Price
Change
Source
11/17/2017
Listed
$440,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 124 N Main Street

Listed by Century 21 Keim Realtors, Timothy M Mahon

124 N Main Street, Coopersburg, PA 18036 (MLS# 1004159465) is a Apartment property. 124 N Main Street is currently listed for $440,000 and was received on November 17, 2017. Want to learn more about 124 N Main Street? Do you have questions about finding other Apartment real estate for sale in Coopersburg? You can browse all Coopersburg real estate or contact a Coldwell Banker agent to request more information.