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 Details
Full Property Details for 124 N Main St
Taxes: $7,410 (2017)
MLS ID: 1004159465
Added: 336 day(s) ago
Business Type: Apartment Building
Includes: Land and Building, Land Only
Master Bedroom: Unspecified
Parking Type: None
Area: Coopersburg Boro (12305)
Development Name: None Available
Subdivision: None Available
Cross Streets: E Landis
Sewer: Public Sewer
Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by Century 21 Keim Realtors,Timothy M Mahon
124 N Main Street, Coopersburg, PA 18036 (MLS# 1004159465) is a
124 N Main Street is currently listed for $440,000 and was received on November 17, 2017.
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