1712 Main St, Northampton, PA 18067

$350,000
4
BD
3
BA
3,903
SqFt

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List Price
$350,000
MLS#
785727
Status
ACTIVE
Type
Multifamily
City
Northampton
Area
Northampton
County
Northampton
Bedrooms
4
Bathrooms
3
Living Area
3,903
Lot Size
3,149
Year Built
1925

Property Description

Add a fully occupied, income-producing mixed-use property to your portfolio! Located on Main Street in Northampton, this property offers three separate revenue streams with one commercial unit and two residential apartments. 9.5% Cap rate at current asking price. The commercial space features over 1,400 square feet and is currently leased to a tenant with long-term plans to remain. The residential units include a spacious 3-bedroom, 1-bath apartment with over 1,200 square feet and a 1-bedroom, 1-bath apartment offering approximately 700 square feet. The tenants pay all utilities including electric, heat, water and sewer. With established tenants already in place, this property is generating income from day one. Situated in a highly rentable area with strong demand, this is a turnkey opportunity for investors looking to grow their portfolio with a stabilized mixed-use asset. Contact the listing agent for financials, lease information, and a private showing.

Additional Information

Property Taxes
$3,794
Acres
0.07
Cooling
Window/Wall
Living Area
3,903
Lot Size
3,149
Region
Northampton
School District
Northampton
Sewer
Public Sewer
Subdivision
Not In Development
Zoning
22C1

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Calculator source: Real Geeks

Listing courtesy of IronValley RE of Lehigh Valley. Contact:

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