Solid 5-unit apartment building in popular Borough of Hellertown. This is an excellent value add situation for new owner as rents are well below market rate. Fully occupied building allows for immediate cash flow as new owner plans future strategy to capitalize on the full potential for this property. Ideas to increase return include adjusting the rents, separating the common heating system, light renovations on the some of the apartments or perhaps adding coin operated washers or storage in the basement. The building is situated on a great corner location that offers a short walk to Hellertown Park and recreation complex. Location offers easy access to Route I-78, new hospital as well as south into Bucks County meaning your tenant pool will always be substantial. Whether you just starting as in investor, or own a substantial portfolio, you do not want to miss this opportunity.
Listed By
Agency Name: Grace Realty Company Inc
Agency Phone: 6108671551
Shown By
Agent Name: Sandra Polguy
Agent Phone: (607) 857-2991
Agency Title: Lewith & Freeman
Lewith & Freeman Sandra Polguy (607) 857-2991 sandra@lewith-freeman.com
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304 Northampton Street , Hellertown, PA 18055.
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304 Northampton Street , Hellertown, PA 18055.
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304 Northampton Street | MLS# PANH2010988
This commercial property located at 304 Northampton Street , Hellertown, PA 18055 is currently listed for sale with an asking price of $599,900. Northampton Street is located within the SAUCON VALLEY school district. Search Hellertown real estate on spolguy.lewith-freeman.com today.