$500,000
$399,900
25.0%For more information regarding the value of a property, please contact us for a free consultation.
20 Beds
8 Baths
8,116 SqFt
SOLD DATE : 03/31/2025
Key Details
Sold Price $500,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,116 sqft
Price per Sqft $61
Subdivision Not In Development
MLS Listing ID 752502
Sold Date 03/31/25
Bedrooms 20
Full Baths 8
HOA Y/N No
Year Built 1700
Annual Tax Amount $7,798
Lot Size 1.004 Acres
Acres 1.004
Property Sub-Type Apartment
Property Description
**Multiple Offers were received sight-unseen. Seller elected to accept an Offer prior to allowing any showings.** No agents or buyers were permitted to show the property. Investor alert! This 7-unit multifamily apartment building plus a rented detached mobile home offers significant upside potential in the sought-after Northampton School District. Featuring a mix of spacious 2- and 3-bedroom units, this fully occupied property has long-term tenants on month-to-month leases, all paying well below market rents—providing an excellent value-add opportunity.
With strong demand for rentals in the area, strategic updates and rent adjustments can unlock tremendous income potential. Priced competitively for the market, this is an exceptional opportunity for investors seeking stable cash flow with room for growth.
Location
State PA
County Northampton
Area East Allen
Direction Airport Road North, left on Weaversville Road.
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Cable Available
Water Access Desc Public
Total Parking Spaces 20
Building
Story 3
Sewer Septic Tank
Water Public
Schools
School District Northampton
Others
Senior Community No
Tax ID L5SW4 4 3 0508
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Heart and Home Realty LLC
"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