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247-251 Main Street, Emmaus, PA 18049

$500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • NoGarage Car Garage
  • Updated 5 days ago
247-251 Main Street, Emmaus, PA 18049 View this property at 247-251 Main Street, Emmaus, PA 18049
247-251 Main Street Emmaus PA 18049

Property Description

Excellent opportunity to own a money making building in the heart of the Emmaus. Centrally located in a mixed use neighborhood, right on Main St. This 4 unit building offers 3 residential apartments and a commercial space, currently a popular hot dog shop with a long term lease. Business is not for sale. All units are currently occupied with leases in place. The rear of the building features a large parking lot that can earn additional money. Current rents are below market value. Tenants pay all utilities. Property would be an excellent addition to a portfolio, or a great first investment. 247-251 Main St.

Full Property Details for 247-251 Main Street

  • Price: $500,000
  • Taxes: $7,707 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 7068154
  • Updated: 10/12/2017
  • Added: 6 day(s) ago

Property History

  • 247-251 Main Street, Emmaus, PA
  • Listed at $500,000 on 10/12/17

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: NoLaundry

Parking

  • Garage Spaces: NoGarage
  • Parking Features: ParkingLot
  • Parking: ParkingLot

Location

  • Area: Emmaus Boro (12307)
  • County: LEHIGH
  • Cross Streets: 3RD ST

School Information

  • School District: E Penn
  • Elementary School: JEFFERSON
  • High School: EMMAUS

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Alum/Steel Siding, Brick
  • Basement Desc.: Y, Full, Partial Finished
  • Roof: ShingleRoof
  • Storage: Basement
  • Stories Description: Triplex
  • Square Feet: 4,632
  • Sq. Ft. Source: Listor
  • Year Built: 1902
  • Property Condition: Average+Prop

Unit Information

  • 1 Bedroom Units: 4

Unit 1

  • Square Feet: 972
  • Bedrooms: 1

Unit 2

  • Square Feet: 1152
  • Bedrooms: 1

Unit 3

  • Square Feet: 1848
  • Bedrooms: 2

Unit 4

  • Square Feet: 660
  • Partial Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,600
  • Lot Dimensions: 60 x 160
  • Zoning: B-C

Financial Considerations

  • Tax Amount: $7,707
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All Restaurant Equipment

Listed by BHHS Fox & Roach-Macungie

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Estimate the Cost

247-251 Main Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

Nearby Schools

247-251 Main Street, Emmaus, PA 18049 (MLS# 7068154) is a Multi-Family property with 4 units containing 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 247-251 Main Street is currently listed for $500,000 and was received on October 12, 2017. Want to learn more about 247-251 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Emmaus? You can browse all Emmaus real estate or contact a Coldwell Banker agent to request more information.

Listed by BHHS Fox & Roach-Macungie