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Listed by Mick Seislove • BHHS Fox & Roach-Macungie
$895,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PALH2014850
Year Built 1875
Annual Tax Amount $7,682
Tax Year 2025
Lot Size 0.414 Acres
Acres 0.41
Lot Dimensions 100.00 x 181.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Fully occupied five unit investment property located in Alburtis Borough offering immediate rental income and strong long term potential. The sale includes both 22 W Front Street and the adjacent 27 Ash Alley property. The main building at 22 W Front Street consists of four two bedroom units, one of which includes an additional half bath. The fifth unit is a one bedroom, one bathroom apartment located on the 27 Ash Alley parcel. All units are currently leased with tenants in place. Tenants have access to a shared laundry area, and each unit is equipped with electric baseboard heat. Water, sewer, and trash are currently paid by the owner. The property also offers additional income from the large parking area that can accommodate approximately 10 to 15 vehicles. This is a solid opportunity for investors seeking a stabilized multi unit property in Alburtis Borough.
Location
State PA
County Lehigh
Area Alburtis Boro (12301)
Zoning C-1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 15.0
Water Access N
Accessibility None
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District East Penn
Others
Tax ID 546346934210-00001
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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