Wind Gap Borough, PA 18091,34 8th ST

$2,500,000

$2,595,000

3.7%
Est.Price: ?

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Est. payment /mo

30 Beds

15 Baths

20,752 SqFt


SOLD DATE : 08/15/2024

Key Details

Sold Price $2,500,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 20,752 sqft

Price per Sqft $120

Subdivision Not In Development

MLS Listing ID 738993

Sold Date 08/15/24

Bedrooms 30

Full Baths 15

Construction Status Unknown

HOA Y/N No

Year Built 1980

Annual Tax Amount $18,062

Lot Size 1.470 Acres

Acres 1.47

Property Sub-Type Apartment

Property Description

A notable property revitalized to brand new! 34 8th St is an apartment complex spanning 4 buildings and a separate 4 unit garage bay. This property bolsters 14 fully occupied units. Current owners remodeled the entire complex under UCC and NIC code at the end of 2023. Well craftsmanship and design can be seen as each unit has Luxury Vinyl Plank flooring, Ceramic Tile, New Kitchens with Custom Shaker Cabinets, Granite Countertops, Large New Windows, New and Updated Appliances (Microwave, Range, Refrigerator), and all Brand New Roofs. The lot was also given a new top coat of asphalt. These buildings have a total of 9 single bay garages, one of which is a double bay, and 2 large garages that can be used for warehousing/contractor space. The large garages are not in use and can be rented for a large amount of additional income. There is a laundry room that has been roughed in and could be used for additional income. Just needs venting and sheet rocked w/ finishes. It gets better, this property also comes with an adjoining 2 acres (N Broadway Tax ID: E8 25 1A 0638) The land could potentially be used to add more units or opportunities. All units pay their own electric while the Landlord is responsible for trash, water/sewer and lawncare. This is a sound investment for anyone looking to add a new and strong cash-flowing property to their portfolio. Expenses are very low and maintenance is minimal due to everything being newly updated. Listing Agent has ownership in property.

Location

State PA

County Northampton

Area Wind Gap

Direction On 33 N take Wind Gap Exit. Follow Broadway until you pass Turkey Hill. Take left on 8th St across from Ken's Auto. Property on your right.

Interior

Heating Baseboard, Electric

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Built In, Detached, Garage

Water Access Desc Public

Total Parking Spaces 30

Garage Yes

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Pen Argyl

Others

Senior Community No

Tax ID E8 9 5 0638

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition None

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Listed by Grace Realty Co Inc
Bought with Coldwell Banker Heritage R E
agent-avatar

"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

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