507 509 Delaware Avenue new

Portland Borough,PA 18351

$ 485000

5 Beds

5 Baths

4500 SqFt


Key Details

Property Type Condo

Sub Type Apartment Style

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $107

Subdivision Not In Development

MLS Listing ID 750177

Bedrooms 5

Full Baths 5

Year Built 1890

Annual Tax Amount $3,935

Lot Size 3,541 Sqft

Property Description

Stunning Turnkey Investment Property in Historic Portland

This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established.

Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth.

Don't miss out—properties like this are rarely listed. Schedule a showing today!

Location

State PA

County Northampton

Area Portland

Interior

Cooling Window ACs

Exterior

Garage Spaces 5.0

Building

Story 2.0

Sewer Public

Water Public

New Construction No

Schools

School District Bangor

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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