Address
8 4Th Street Emmaus, PA
Price
$ 2,750,000
Property Attributes
  • MLS#662867
  • TypeMulti-Family
  • CountyLEHIGH
  • CityEmmaus
  • AreaEmmaus
  • NeighborhoodNot in Development
  • Zip18049
  • StyleCommercial
  • Taxes$ 25879
  • Price$ 2,750,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14506
  • Lot Size9,191 SqFt
Listing Provided Courtesy Of:
CENTURY 21 Keim
Data Source:
Greater Lehigh Valley REALTORS
Property Description

Gross $249,600 Net $200,124.84 with a true 7% Cap with value add. Don't miss out on the opportunity to own this income producing package in one of Emmaus's premier locations, the properties included are 8 S 4th, 2 S 4th & 408 Chestnut. The properties sit on one of the most highly trafficked locations in the entire Borough. The properties are incredibly clean, visible, and accessible. They are almost fully leased with multiple years remaining so that you can enjoy the income from the properties without the headache of finding tenants although with the great location you will not have an issue to get tenants into the location. The commercial leases even feature annual increases of 3%. Endless opportunities await! Schedule a showing today! Includes 3 properties 8 S 4th, 2 S 4th & 408 Chestnut

Price History
3/24/2021 Listed $2,750,000

General Features

Construction Brick, Other
Cooling No Air
County Lehigh
Electric 1500
Parking None
School District East Penn
Sewer Public
Subdivision Not in Development
Water Public
Zoning Code B-C-CENTRAL COMMERCIAL

Interior Features

Heating 7520

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 18049

Price
AVG $1.3M
$2.75M
Taxes
AVG $16,231
$25,879
Visits
AVG 35
42
Walkscore
AVG 74
79
Data Provided by Walkscore ® not using MLS data

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