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112-REAR Main Street

EMMAUS, PA 18049
  • $279,900
  • STATUS: Active
  • ON SITE: 133 Days
  • ID#: PALH2000042
UPDATED: 45 min ago
$279,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,974
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

School District:

Description

Fully occupied investment property located in the Borough of Emmaus. This property makes sense for a lot of investors with a 8.5%+ CAP RATE. 3 One BR Units with 2 Garages and off street parking. First floor unit has been completely remodeled in 2020. Other renovations include: New siding, Facia and Gutters 2021, New Windows 2019, New Roof 2017, New Garage Door. Open yard next to proprerty is owned by Emmaus Borough offering open green views, convenient location just off of Main Street tucked away behind the Donna Butler, Magistrate office. Close to major Rtes, Parks, Bus Routes, Shopping and Dining.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T10:53:02.647.
www.locomusings.com/homes/119570044
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112-REAR Main Street EMMAUS, PA 18049

  • Price: $279,900
  • Status: Active
  • On Site: 133 Days
  • Updated: 45 min ago
  • ID#: PALH2000042
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,974
SQFT
$142
$/SQFT
1943
Built
Neighborhood:
Emmaus Boro (12307)
County:
Lehigh
Area:
Emmaus Boro (12307)
School District:
East Penn
Property Description
Fully occupied investment property located in the Borough of Emmaus. This property makes sense for a lot of investors with a 8.5%+ CAP RATE. 3 One BR Units with 2 Garages and off street parking. First floor unit has been completely remodeled in 2020. Other renovations include: New siding, Facia and Gutters 2021, New Windows 2019, New Roof 2017, New Garage Door. Open yard next to proprerty is owned by Emmaus Borough offering open green views, convenient location just off of Main Street tucked away behind the Donna Butler, Magistrate office. Close to major Rtes, Parks, Bus Routes, Shopping and Dining.
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage Spaces 1.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Features Unpaved Parking Types Off StreetAttached Garage Pool No Pool Riparian Rights YN No Roof AsphaltFiberglass Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1974 Above Grade Unfinished Area 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Cross Street First Street Existing Lease Type Month To Month Gross Income 29400.00 Heating Fuel Electric Hot Water Electric Insurance Expense 1000.00 Municipality Emmaus Boro Navigable Water YN N Net Operating Income 23866.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 6584.00 Original MLSNumber 800768977234 Owner Pays InsuranceLawn/Shrub CareOther Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 3996.00 Tax Assessment Amount 131900.00 Tax Lot 001 Vacation Rental YN No Water Source Public Zoning B-H Zoning Description Highway Commercial

Listing courtesy of Bhhs Fox & Roach-Allentown.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T10:53:02.647.
 
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