304 Northampton St, Hellertown, PA 18055

$599,900
5
BD
5
BA
2,668
SqFt

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List Price
$599,900
MLS#
787314
Status
ACTIVE
Type
Multifamily
City
Hellertown
Area
Hellertown
County
Northampton
Bedrooms
5
Bathrooms
5
Living Area
2,668
Lot Size
7,650

Property Description

Solid 5-unit apartment building in popular Borough of Hellertown. This is an excellent value add situation for new owner as rents are well below market rate. Fully occupied building allows for immediate cash flow as new owner plans future strategy to capitalize on the full potential for this property. Ideas to increase return include adjusting the rents, separating the common heating system, light renovations on the some of the apartments or perhaps adding coin operated washers or storage in the basement. The building is situated on a great corner location that offers a short walk to Hellertown Park and recreation complex. Location offers easy access to Route I-78, new hospital as well as south into Bucks County meaning your tenant pool will always be substantial. Whether you just starting as in investor, or own a substantial portfolio, you do not want to miss this opportunity.

Additional Information

Property Taxes
$6,604
Acres
0.18
Cooling
None
Living Area
2,668
Lot Dimensions
77x100
Lot Size
7,650
Region
Hellertown
School District
Saucon Valley
Sewer
Public Sewer
Subdivision
Not In Development
Zoning
R2

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Listing courtesy of Grace Realty Co Inc. Contact:

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