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This turn key 7 unit offers 6-(1) bedroom apartments 2 of which have walk out decks and 1 of which has a separate entrance-2 story 1 bedroom unit with w/d hook up and designated parking for one car & 1-(2) bedroom unit. All have separate water meters. Tenants pay their own electric and each unit has its own meter. This property generates $77,700 of yearly rental income & Rents are well below fair market value they should be in the $1,100-$1,400 range but all tenants pay on time and are easy to work with. Apartment 1- $800 2-$800 3-$1,100 4- $800 5-$900 6-$775 7-$1,300 This property has a central staircase that has two units on each floor. ALL units have an additional exit door that has access to an all enclosed rear emergency exit staircase inside the building. All city utilities. The property has virtually no snow nor landscape expenses. The owner meter is $35 per month and is for a single entrance electric baseboard heater. Unit 3 has been totally done over, Unit 7 has been significantly upgraded. New bathroom in 5 and windows. New water heaters in 5 and 6.
| DAYS ON MARKET | 44 | LAST UPDATED | 4/9/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1950 |
| COMMUNITY | Pen Argyl | COUNTY | Northampton |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Pen Argyl |
|---|
| ADDITIONAL DETAILS | |
| ADULT COMMUNITY | Yes |
|---|---|
| AIR | Ceiling Fan(s) |
| AIR CONDITIONING | Yes |
| AREA | Pen Argyl |
| CONSTRUCTION | Vinyl Siding |
| LOT | 5314 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 6504.42 |
| WATER | Public |
| ZONING | IL-LIGHT INDUSTRIAL, COMMERCIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Coldwell Banker Heritage R E
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