1083 Main ST, Hellertown Boro, PA 18055
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1083 Main ST, Hellertown Boro, PA 18055
1083 Main ST, Hellertown Boro, PA 18055
1083 Main ST, Hellertown Boro, PA 18055
1083 Main ST, Hellertown Boro, PA 18055
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Albert Kuzowsky

Albert Kuzowsky

+1(215) 870-2090
$ 725,000
Est. payment /mo
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1083 Main ST Hellertown Boro, PA 18055

6 Beds

4 Baths

2,620 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,620 sqft

Price per Sqft $276

Subdivision Not In Development

MLS Listing ID 786245

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1908

Annual Tax Amount $6,532

Lot Size 6,011 Sqft

Acres 0.138

Property Sub-Type Duplex

Property Description

Back on the market due to fault of its own! 4 Unit FULLY occupied investment property now available in the desirable Borough of Hellertown. This unique building has been proudly owned by the same family since its construction as 2 twins in 1908, before being converted to apartments in the early 1960s. The current owner (and former resident) has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features 2 one-bedroom and 2 two-bedroom apartments each with its own separate entrance and 2 dedicated off-street parking spaces. Landlord overhead is low, as the property features separate utility meters with tenants responsible for paying their own electric, gas, water, and sewer bills. Upside potential exists within the current rent roll and operating expenses. Current gross monthly income is nearly $5,000 and the cap rate at list price is 6.75% with 8%+ easily attainable given some updates and market rents. Each unit has been inspected by the Borough so no rental inspections are due until 2031. Call today to view this property and add it to your portfolio!

Location

State PA

County Northampton

Area Hellertown

Direction I-78 to Route 412/Hellertown exit. Travel south ~3/4 mile. Building is on the left across from Saucon Valley Manor.

Interior

Heating Baseboard, Electric, Forced Air, Gas, Heat Pump, Hot Water, Radiator(s)

Cooling Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Off Street, Parking Pad, On Street

Utilities Available Cable Available

Water Access Desc Public

Total Parking Spaces 10

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Saucon Valley

Others

Senior Community No

Tax ID Q7SW2A 2 23 0715

Special Listing Condition None

Listed by Realty Outfitters

NEARBY SCHOOLS & PROPERTIES

Albert Kuzowsky

Albert Kuzowsky

Realtor; PA, NJ

+1(215) 870-2090

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1083 Main ST