507 Delaware AVE, Portland Boro, PA 18343
507 Delaware AVE, Portland Boro, PA 18343
507 Delaware AVE, Portland Boro, PA 18343
507 Delaware AVE, Portland Boro, PA 18343
507 Delaware AVE, Portland Boro, PA 18343
507 Delaware AVE, Portland Boro, PA 18343
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 550,000
Est. payment | /mo

4,500 SqFt

Save
$ 550,000
Est. payment | /mo
Save

4,500 SqFt

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $122

MLS Listing ID 776087

HOA Y/N No

Year Built 1890

Annual Tax Amount $4,003

Lot Size 3,528 Sqft

Acres 0.081

Property Sub-Type Apartment

Property Description

Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total. 3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall. new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, . Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.

Location

State PA

County Northampton

Area Portland

Direction R6 611 N to Portland. Property on left side

Interior

Cooling None

Inclusions Real Estate Only

Fireplace No

Exterior

Water Access Desc Public

Street Surface Asphalt

Road Frontage State Road

Building

Water Public

Schools

School District Bangor

Others

Tax ID B11SE3C6 14 0127

Special Listing Condition None

Listed by Realty Solutions of Pa

Nearby Locations

Heather McFadden

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Heather McFadden, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

507 Delaware AVE