124 North Main Street, Coopersburg Borough PA 18036 Photo 1 124 North Main Street, Coopersburg Borough PA 18036 Photo 2 124 North Main Street, Coopersburg Borough PA 18036 Photo 3 124 North Main Street, Coopersburg Borough PA 18036 Photo 4 124 North Main Street, Coopersburg Borough PA 18036 Photo 5 124 North Main Street, Coopersburg Borough PA 18036 Photo 6 124 North Main Street, Coopersburg Borough PA 18036 Photo 7 124 North Main Street, Coopersburg Borough PA 18036 Photo 8 124 North Main Street, Coopersburg Borough PA 18036 Photo 9 124 North Main Street, Coopersburg Borough PA 18036 Photo 10 124 North Main Street, Coopersburg Borough PA 18036 Photo 11 124 North Main Street, Coopersburg Borough PA 18036 Photo 12 124 North Main Street, Coopersburg Borough PA 18036 Photo 13 124 North Main Street, Coopersburg Borough PA 18036 Photo 14 124 North Main Street, Coopersburg Borough PA 18036 Photo 15 124 North Main Street, Coopersburg Borough PA 18036 Photo 16 124 North Main Street, Coopersburg Borough PA 18036 Photo 17 124 North Main Street, Coopersburg Borough PA 18036 Photo 18 124 North Main Street, Coopersburg Borough PA 18036 Photo 19 124 North Main Street, Coopersburg Borough PA 18036 Photo 20 124 North Main Street, Coopersburg Borough PA 18036 Photo 21

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124 North Main Street - 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. Owner now allows individual showings.

Listing information

  • MLS® ID: 563721
  • Beds: 13
  • Stories: 2
  • Total Square Footage: 4,535 ($97.02 per sq. foot)
  • County: Lehigh
  • Style: Apartment
  • Baths: 5 (Full: 5 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.90
  • School District: Southern Lehigh
  • Year Built: 1875
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $7,411
  • Subdivision: Not in Development

Features

Area Coopersburg
Construction Brick, Stucco, Vinyl
Cooling Wall Ac
Features Balcony, Disposal, Fire Escape, Hardwood, Storm Doors, Storm Windows, Wall To Wall Carpet, Wash Dry Hook Ups
Other Electric - 125, Gas - 0, Gross Income - 61500, Heat - 0, Net Income - 44089, Operating Expense - 17410, Other Expenses - 0, Use Code - 0, Water/Sewer - 4850, Zoning Code - C1 Light Commercial
Parking Garage, Paved Lot
Property Category Apartment Style
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Century 21 Keim