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$ 475,000
Est. payment | /mo
3,712 SqFt
$ 475,000
Est. payment | /mo
3,712 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,712 sqft
Price per Sqft $127
MLS Listing ID 746283
Year Built 1900
Annual Tax Amount $6,808
Lot Size 2,657 Sqft
Property Description
This commercial property is back on the market! Featuring a bakery on the first floor and a leased residential unit on the second floor, it offers a solid 11% capitalization rate. The first-floor bakery tenant is secured with a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. With reliable tenants and consistent cash flow, this property is a fantastic ownership opportunity. Listed as investment property #746262, check out the cash flow details today!
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Central AC, Window ACs
Building
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by Signature Lux Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA