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Seller's Agent in 2020
Charalambos Papageorgiou
Emerald Realty Group
VALUE ADD 8 UNIT APARTMENT COMPLEX IN UPPER MACUNGIE TOWNSHIP, THE FASTEST GROWING TOWNSHIP IN THE LEHIGH VALLEY WITH 10%+ GROWTH FROM 2014 TO 2018! ~ 8.4%+ PRO FORMA CAPITALIZATION RATE AT FULL ASKING PRICE WITH ALL RESERVES BEING BACKED OUT INCLUDING MANAGEMENT, MAINTENANCE AND VACANCIES ~ FOUR 2 BEDROOM APARTMENTS / FOUR 1 BEDROOM APARTMENTS, ALL BELOW MARKET RENTS ~ SEPARATE ELECTRIC HEAT PAID BY TENANTS ~ ON SITE PARKING ~ ON SITE LAUNDRY. Value add multifamily opportunity in Upper Macungie Township, the fastest growing township in the Lehigh Valley! With minimal upgrades and focused property management, month to month rents could be brought up to market in a short period of time. Current owners have made improvements to the roof, gutters, sidewalk in addition to current maintenance needs such as installing new doors where needed, painting and general maintenance of the property. Click on the video for a visual tour of the property and schedule your personal tour today!
Last Agent to Sell the Property
Charalambos Papageorgiou
Emerald Realty Group Listed on: 11/19/2019
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/20/2020 02/20/20 | Sold | $548,000 | -2.1% | $71 / Sq Ft |
12/17/2019 12/17/19 | Pending | -- | -- | -- |
11/19/2019 11/19/19 | For Sale | $560,000 | -- | $72 / Sq Ft |
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Seller's Agent in 2020
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent in 2020
Evangelia Papadopoulos
Keller Williams Northampton
(610) 248-4578
128 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 629223