$795,000

Estimated payment $5,371/month

Total Views 24,666
-- Bed
-- Bath
6,230 Sq Ft
$128 Price per Sq Ft

About This Home

Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with two overhead doors, high ceilings and 3 lifts. AAA single store tenant in regards to on-time payments and never a bother. On of the owners is a PA licensed real estate agent.

Listing Agent

Robert Velez

KW Commercial - Northampton License #RS330967 Listed on: 03/03/2025

KW Commercial - Northampton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,634

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot

Parking

  • 12 Parking Spaces

Home Design

  • 6,230 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • Insurance Expense $2,000
  • Maintenance Expense $6,000
  • Operating Expense $21,039
  • Gross Income $81,796
  • Net Operating Income $60,757

Listing and Financial Details

  • Assessor Parcel Number 641749044474 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,634

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 389700.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1955
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Square Footage: 6230

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 12

Utilities

  • Cooling: Window ACs
  • Heat Type: Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 2000

Condo/Co-op/Association

  • Maintenance Repair: 6000

Fee Information

  • Operating Expense: 21039

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.271
  • Lot Sq Ft: 11797
  • Zoning Code: B3 - Business highway

Tax Info

  • Assessor Parcel Number: 641749044474 001
  • Total Taxes: 13633.60

Multi Family

  • Total Units: 1

MLS Schools

  • School District: Allentown

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $795,000 -- $128 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 753239

Greater Lehigh Valley REALTORS®