1712 Main Street
Property Description
Add a fully occupied, income-producing mixed-use property to your portfolio! Located on Main Street in Northampton, this property offers three separate revenue streams with one commercial unit and two residential apartments. 9.5% Cap rate at current asking price. The commercial space features over 1,400 square feet and is currently leased to a tenant with long-term plans to remain. The residential units include a spacious 3-bedroom, 1-bath apartment with over 1,200 square feet and a 1-bedroom, 1-bath apartment offering approximately 700 square feet. The tenants pay all utilities including electric, heat, water and sewer. With established tenants already in place, this property is generating income from day one. Situated in a highly rentable area with strong demand, this is a turnkey opportunity for investors looking to grow their portfolio with a stabilized mixed-use asset. Contact the listing agent for financials, lease information, and a private showing.
Broker Details
Iron Valley Real Estate of Lehigh Valley (484) 241-1011
MLS ID: moyerjes
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $350,000 |
| No. of Units: | 3 |
| Year Built: | 1925 |
| Lot Size: | 3,903.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $116,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-LVARPA-785727
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