Calling all Investors. .. .This property would make an outstanding addition to your portfolio! It has been a solid performer for the current owner and they have kept it in excellent condition. 7,098 Sq foot building houses 5 apartments, 1 commercial space, 7 garages, 6 storage units in the basement and a huge paved parking lot. Building is being sold with an 8.5% Cap but has the potential to yield an 11% return on your investment by raising the rents to market value. Can add coin operated washers & dryers for additional revenue. Tenants pay the electric for heat and hot water. There are no pets in the building. 24 Hour Notice is required for all showings. This won't last long so hurry and make your appointment today!
Multi-familyProperty Type
1900Year Built
0.75 acresLot Size
$81Price/Sq.Ft.
8 spacesParking
Listed by Michelle Pietrouchie-Summers• Quaint Oak Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.75 Acres
Year renovated
—
Sq. Ft.
7,770
Year built
1900
Style
Other
County
Northampton County
APN
K4SW1310501
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 13, 2023.
NC
Neighborhood Commercial District
The purpose of this district is to encourage the continuation of a village atmosphere for residents and small commercial establishments. The district is to provide basic convenience commercial goods and services to residents who live within an existing village setting. Uses have been limited to those residents are likely to need on a daily or regular basis. Overall, retail size has been restricted to prevent the establishment of intensive commercial uses that exceed the local orientation of this district.
Permitted uses
Include but are not limited to:
Automotive repair garage
Automotive sales
Gas station
Day care facility
General retail
Restaurant
Self-Storage / mini-Storage
Hotel / motel
Office
Medical office
Property details
Parking
Garage/Carport Information
Has Garage
Parking
Features: Garage, Paved, Parking Lot
# of Parking (Total): 8
Exterior
Building Information
Stories: 3
Stories (Total): 3
Construction Details: Brick
Lot Information
Lot Size Area: 32,670
Lot Size Acres: 0.75
Zoning: VC-VILLAGE CENTER
Financial
Assessments and Fees
Assessed Value: $65,000
Tax Information
Annual Tax Amount: $4,659.85
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Window Unit(s)
Has Heating
Heating: Baseboard, Electric
Location
Multi Unit Information
# Of Units Total: 19
Multi Unit Financial Information
Operating Expense: $12,350
Water Sewer Expense: $480
Electric Expense: $1,500
Insurance Expense: $2,290
Unit Type 1
Unit Description: Storage #5 Vacant
Unit Type 2
Unit Description: Storage #6 rented by Apt#1
Total Rent: $25
Actual Rent: $25
Unit Type 3
Unit Description: Storage #3 vacant
Unit Type 4
Unit Description: Storage #2 vacant
Unit Type 5
Unit Description: Storage #1 & 4
Total Rent: $50
Actual Rent: $50
Unit Type 6
Unit Description: Garage #6 & #7
Total Rent: $160
Actual Rent: $160
Unit Type 7
Unit Description: Garage #4 & #5
Total Rent: $160
Actual Rent: $160
Unit Type 8
Unit Description: Garage #3
Total Rent: $90
Actual Rent: $90
Unit Type 9
Unit Description: Garage #2
Total Rent: $100
Actual Rent: $100
Unit Type 10
Unit Description: Garage #1
Total Rent: $100
Actual Rent: $100
Public facts
Beds: 1
Baths: —
Sq. Ft.: 7,770
Stories: 1.0
Lot Size: 0.75 acres
Style: Other
Year Built: 1900
Year Renovated: —
County: Northampton County
APN: K4SW1310501
Home facts updated by county records on Apr 13, 2023
Around this home
Schools
Colonel John Siegfried Elementary School
Public K-5 • Assigned • 2.2mi
8/10
Northampton Middle School
Public 6-8 • Assigned • 2.2mi
4/10
Northampton Area High School
Public 9-12 • Assigned • 2.1mi
5/10
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Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Northampton, PA • 18067
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Sun exposure
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