118 North Main Street, Coopersburg Borough PA 18036 Photo 1 118 North Main Street, Coopersburg Borough PA 18036 Photo 2

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118 North Main Street - Income producing nine unit apartment building for sale. Property consists of four (4) two bedroom apartments and five (5) one bedroom apartments. Property also features a 4,500 SF garage/warehouse which is currently vacant but can be leased for increased income. There are seven dedicated parking spaces and street parking. Coin operated laundry on site. Rents are currently below market so there is considerable upside with increased management. Property is situated 5 minutes away from DeSales University, Coopersburg Train Station and many more amenities. Just minutes from Route 309, Route 378 with easy access to I-78.

Listing information

  • MLS® ID: 567134
  • Status: Active
  • Foreclosure: No
  • School District: Southern Lehigh
  • Style: Multi-Family
  • Stories: 0
  • Estimated Annual Taxes: $12,686
  • Subdivision: Not in Development
  • Year Built: 1850
  • New Construction: No
  • County: Lehigh

Features

Area Coopersburg
Construction Brick, Stucco
Cooling Window Ac
Other Electric - 2500, Gas - 500, Gross Income - 92100, Heat - 0, Net Income - 66506, Operating Expense - 34189, Other Expenses - 0, Water/Sewer - 4000, Zoning Code - C-1
Parking Off Site, Paved Lot
Property Category Apartment Style, Detached
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Kw Commercial