247 Main Unit 247-251, Emmaus, PA 18049

$500,000
3
BD
3.0
BA
4,632
SqFt
List Price
$500,000
MLS#
560767
Status
AVAILABLE
Type
Multifamily
City
Emmaus
Area
Emmaus
County
Lehigh
Bedrooms
3
Bathrooms
3.0
Living Area
4,632
Lot Size
9,583
Year Built
1883

Property Description

Excellent opportunity to own a money making building in the heart of the Emmaus. Centrally located in a mixed use neighborhood, right on Main St. This 4 unit building offers 3 residential apartments and a commercial space, currently a popular hot dog shop with a long term lease. Business is not for sale. All units are currently occupied with leases in place. The rear of the building features a large parking lot that can earn additional money. Current rents are below market value. Tenants pay all utilities. Property would be an excellent addition to a portfolio, or a great first investment.

Additional Information

Acres
0.22
Construction
Aluminum
Cooling
Window AC
Living Area
4,632
Lot Size
9,583
Net Income
26454
Operating Expense
16746
Other Expenses
386
Parking
Paved Lot
Parking Spaces
12
Region
Emmaus
School District
East Penn
Sewer
Public
Stories
3
Taxes
$7,706
Unit
247-251
Zoning
B-C

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach - Macungie.