124 N MAIN ST, Coopersburg, PA 18036 – 1004159465 - Don Perrin

$420,000

Est. payment -/mo

$440,000

4.5%

Est.Price: ?

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4,535 SqFt

SOLD DATE : 03/30/2018

Key Details

Sold Price $420,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,535 sqft

Price per Sqft $92

Subdivision None Available

MLS Listing ID 1004159465

Sold Date 03/30/18

HOA Y/N N

Originating Board TREND

Year Built 1875

Annual Tax Amount $7,410

Tax Year 2017

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 0.90 ACRES

Property Description

Cash flowing 5 unit apartment building housed on almost 1 acre located on Main street in Coopersburg, PA with 10% cap rate at asking. Financials and model can be provided with management and vacancy rate added. Landlord continuously renovates units when tenants move out. Immediate re-rent. Tenants pay all utilities. All apartments have sizable living spaces with two (2), four (4) bedroom apartments, one (1), three (3) bedroom apartments, and two (2), one (1) bedroom apartments. *Brand new paving. *Some new roofs. *Newer windows. The tenants pay for heat, and electricity. The building is 4,535 sq ft. Includes one garage parking spot at 50/mo, one covered parking spot, and 12 parking spaces. The building rent is $5,125/mo. *Sidewalks recently redone* * Conveniently located near interchange and local restaurants, parks, and schools.

Location

State PA

County Lehigh

Area Coopersburg Boro (12305)

Zoning C1

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Fireplace N

Heat Source Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Southern Lehigh

Others

Tax ID 642348365188001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Timothy M Mahon • Century 21 Keim Realtors
Bought with Jennifer de Jesus • Steel City Realty

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655