247 Main Street, Emmaus Borough PA 18049 Photo 1 247 Main Street, Emmaus Borough PA 18049 Photo 2 247 Main Street, Emmaus Borough PA 18049 Photo 3 247 Main Street, Emmaus Borough PA 18049 Photo 4 247 Main Street, Emmaus Borough PA 18049 Photo 5

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247 Main Street - Excellent opportunity to own a money making building in the heart of the Emmaus. Centrally located in a mixed use neighborhood, right on Main St. This 4 unit building offers 3 residential apartments and a commercial space, currently a popular hot dog shop with a long term lease. Business is not for sale. All units are currently occupied with leases in place. The rear of the building features a large parking lot that can earn additional money. Current rents are below market value. Tenants pay all utilities. Property would be an excellent addition to a portfolio, or a great first investment.

Listing information

  • MLS® ID: 560767
  • Beds: 3
  • Stories: 3
  • Total Square Footage: 4,632 ($107.94 per sq. foot)
  • County: Lehigh
  • Style: Multi-Family
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.22
  • School District: East Penn
  • Year Built: 1883
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $7,707
  • Subdivision: Not in Development

Features

Area Emmaus
Construction Aluminum
Cooling Window Ac
Other Electric - 0, Gas - 0, Gross Income - 43200, Heat - 0, Net Income - 26454, Operating Expense - 16746, Other Expenses - 386, Water/Sewer - 0, Zoning Code - B-C
Parking Paved Lot
Property Category Apartment Style, Commercial, Mixed Use
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Bhhs Fox & Roach - Macungie