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$3,700,000 Just Listed

  • For Sale
  • Active
  • Apartment
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Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment community. Former assisted living facility situated on approximately 0.71 acres (±30,971 SF lot) with an existing three-story structure originally constructed in 1922. Project supports 28 approved residential units / 34 Beds (studio, one-bedroom, and two-bedroom layouts) under applicable borough overlay/conditional use framework. Property is currently vacant, mid construction. Select interior demolition, framing, mechanical, electrical, and plumbing work have been completed. Certain building systems and infrastructure components are in place, including elevator shaft, fire/life safety framework, and electrical service upgrades (additional details available upon request). Buyer to complete renovation and stabilization. Emmaus represents a supply-constrained residential submarket within the Lehigh Valley with limited new multifamily inventory. Property is located minutes from I-78, Route 29, and the PA Turnpike (476), providing regional access to Allentown, Bethlehem, and surrounding employment corridors. Offering presents opportunity for experienced multifamily operator or redevelopment group seeking approved age-restricted housing product in established residential borough setting. Additional architectural plans, approval documentation, and project materials available to qualified purchasers.

Full Property Details for 659 Broad St

General

  • Price: $3,700,000
  • Taxes: $62,704 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PALH2014714
  • Updated: Today (2/27/2026)
  • Added to Site: Today

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Other

Rooms

Bathrooms

  • Restrooms: 28

Additional Information

  • Security/Safety: Surveillance Sys
  • Equipment: Negotiable

Parking

  • Total Spaces: 31
  • Parking Features: Handicap Parking, Private
  • Parking Type: On Street, Parking Lot

Location

  • Area: Emmaus Boro (12307)
  • Municipality: EMMAUS BORO
  • County: LEHIGH
  • Subdivision: EMMAUS
  • Cross Streets: 7th St
  • Driving Directions: I-78 Exit 55 to PA-29 S (Cedar Crest Blvd). Right on Chestnut St, left on Broad St. Property on right.
  • Location Details: Urban

School Information

  • Elementary School: Lincoln
  • Middle School: Eyer
  • High School: Emmaus

Heating & Cooling

  • Cooling Type: Multi Units, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit, Zoned
  • Heating Fuel: Electric
  • Water Heater: 60+ Gallon Tank

Utilities

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

Structural Information

  • Architect: Sedler Design & Redevelopment
  • Construction: Other, Rough-In Plumbing, Mixed, Concrete
  • Basement: Yes
  • Foundation: Block, Concrete Perimeter
  • Roof: Architectural Shingle
  • Ceiling Height: 8' to 10'
  • Entry Floor Number: 1
  • Elevator(s ): 1
  • Stories/Levels: 3
  • Building Size: 17658
  • Year Built: 1922
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.71
  • Lot Size (Sq. Ft.): 30,928
  • Lot Size Source: Estimated
  • Lot Dimensions: 180.82 x 171.27
  • Frontage Feet: 192
  • Street/Road Desc.: Black Top
  • Topography: Level
  • Zoning: R-HO - HIGH DENSITY
  • Lot Description: Interior, Level, Road Frontage

Financial Considerations

  • Price Per Sq. Ft.: $209.54
  • Assessment Year: 2025
  • School Tax: $37,971
  • City/TownTax: $18,161
  • City/TownTax Freq: Annually
  • County Tax: $6,571
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,738,600
  • Tax Amount: $62,704
  • Tax Year: 2025
  • Owner Pays: None

Disclosures and Reports

  • Ownership: Fee Simple
  • Permits: Cost To Obtain, Other
  • Exclusions: None
  • Investment: Yes
  • Lot Number: 26

Listed by Serhant Pennsylvania Llc, Samuel Luis Del Rosario and Serhant Pennsylvania Llc, Kylie Miller

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Listing agents

— 659 Broad St —

  • Samuel Luis Del Rosario

    Serhant Pennsylvania Llc

  • Kylie Miller

    Serhant Pennsylvania Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 659 Broad St

School District:East Penn School District
NameGradesDistance
Lincoln El School, Emmaus, PA
233 Seem Street, Emmaus, PA 18049
K-50.7 mi
Lower Macungie Middle School
6299 Lower Macungie Road, Macungie, PA 18062
6-84.2 mi
Emmaus High School
500 Macungie Avenue, Emmaus, PA 18049
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 659 Broad St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$3,700,000
221.74%
MLS
12/17/2024
Sold
$1,150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 659 Broad St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$61,243
9%
$1,738,600
—
2024
$56,097
2%
$1,738,600
—
2023
$55,006
3%
$1,738,600
—
2022
$53,192
13%
$1,738,600
—
2019
$46,969
-9%
$1,738,600
—
2020
$51,414
3%
$1,738,600
—
2019
$50,041
4%
$1,738,600
—
2018
$48,153
3%
$1,738,600
—
2017
$46,670
3%
$1,738,600
—
2016
$45,293
2%
$1,738,600
—
2015
$44,458
2%
$1,738,600
—
2014
$43,449
—
$1,738,600
—
View All
Disclaimer: Historical 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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Serhant Pennsylvania Llc, Samuel Luis Del Rosario and Serhant Pennsylvania Llc, Kylie Miller

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659 Broad Street, Emmaus, PA 18049 (MLS# PALH2014714) is a Apartment property. 659 Broad Street is currently listed for $3,700,000 and was received on February 27, 2026. Want to learn more about 659 Broad Street? Do you have questions about finding other Apartment real estate for sale in Emmaus? You can browse all Emmaus real estate or contact a Coldwell Banker agent to request more information.

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