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247-251 Main Street, Emmaus, PA 18049

$450,000

  • For Sale
  • Active
  • Triplex
  • Updated 8 days ago
247-251 Main Street, Emmaus, PA 18049View this property at 247-251 Main Street, Emmaus, PA 18049
247-251 Main StreetEmmausPA18049

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 Detailsfor 247-251 Main Street

General

  • Price: $450,000
  • Taxes: $7,838 (2018)
  • Status: Active
  • Type: Triplex
  • MLS ID: 1001419607
  • Updated: 5/15/2018
  • Added: 223 day(s) ago

Business

  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: None

Parking

  • Parking Type: Parking Lot

Location

  • Area: Emmaus Boro (12307)
  • County: Lehigh
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: 3Rd St

School Information

  • School District: East Penn
  • Elementary School: Jefferson
  • High School: Emmaus

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Structure Type: Row/Townhouse
  • Construction: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Shingle
  • Storage: Basement
  • Stories/Levels: 0
  • Year Built: 1902
  • Year Built Source: Estimated
  • Property Condition: Average+Prop

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Unit 4
  • Total 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

  • Price Per Sq. Ft.: $97.15
  • Tax w/Assessment: $283,000
  • Tax Amount: $7,838
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All Restaurant Equipment
  • Lot: 21

Listed by BHHS Fox & Roach-Macungie, Sean LaSalle

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Schools

Schoolsserving 247-251 Main Street

School District:East Penn School District
School Name
Grades
Distance
Lincoln Elementary School, Emmaus, PA
233 Seem St, Emmaus, PA 18049
K-5
0.3 mi
Lower Macungie Middle School
6299 Lower Macungie Rd, Macungie, PA 18062
6-8
4.5 mi
Emmaus High School
500 Macungie Ave, Emmaus, PA 18049
9-12
0.8 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 247-251 Main Street Get Price Alerts

Date
Details
Price
Change
Source
4/25/2018
Price Reduced
$450,000
-10%
MLS
10/12/2017
Listed
$500,000
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 247-251 Main Street

Listed by BHHS Fox & Roach-Macungie, Sean LaSalle

247-251 Main Street, Emmaus, PA 18049 (MLS# 1001419607) is a Triplex property with 0 bedrooms and 0 full bathrooms. 247-251 Main Street is currently listed for $450,000 and was received on October 12, 2017. Want to learn more about 247-251 Main Street? Do you have questions about finding other Triplex real estate for sale in Emmaus? You can browse all Emmaus real estate or contact a Coldwell Banker agent to request more information.