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124 N Main St
Coopersburg, PA 18036
124 N Main St · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 4,535 SF
No. Stories 2
Year Built/Renovated 1875/2017
Parking Ratio 2.87/1,000 SF
Zoning C1 - Commercial

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Basement

Site Amenities

  • 24 Hour Access

About 124 N MAIN ST , COOPERSBURG, PA 18036

Cash flowing 5 unit apartment building housed on almost 1 acre located on Main street in Coopersburg, PA with 10% cap rate at asking. Financials and model can be provided with management and vacancy rate added. Landlord continuously renovates units when tenants move out. Immediate re-rent. Tenants pay all utilities. All apartments have sizable living spaces with two (2), four (4) bedroom apartments, one (1), three (3) bedroom apartments, and two (2), one (1) bedroom apartments. *Brand new paving. *Some new roofs. *Newer windows. The tenants pay for heat, and electricity. The building is 4,535 sq ft. Includes one garage parking spot at 50/mo, one covered parking spot, and 12 parking spaces. The building rent is $5,125/mo. *Sidewalks recently redone* * Conveniently located near interchange and local restaurants, churches, parks, and schools.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1 1 $1,300 -
1+1 2 $850.00 -
3+1 3 $1,000 -
4+1 4 $1,200 -
1+1 5 $750.00 -

Property Taxes

Property Taxes

Parcel Number
642348365188-1
Land Assessment
$69,800
Improvements Assessment
$314,400
Total Assessment
$384,200
  • Listing ID: 10015493

  • Date on Market: 11/17/2017

  • Last Updated:

  • Address: 124 N Main St, Coopersburg, PA 18036

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