1059 Main Street

Northampton, PA 18067

$1,350,000
Last Sold Price
12
Beds
12
Baths
12,690 Sq. Ft.
$106 / Sq. Ft.
12,690
Sq. Ft.
$106
per Sq. Ft.

Description

Fully Occupied 12 unit building. All units are 1 bedrooms. All utilities are paid by the tenants and separated. Water is sub-metered. Trash is paid in monthly installments by each tenant. Huge basement with the opportunity to add coin operated laundry or storage units. All leases are 1yr and have renewals of 5% built in. All deposits will be transferred with the sale. There is upside on the rent. All tenants park in the public parking lot across the street at Turkey Hill.Fully Occupied 12 unit building. All units are 1 bedrooms. All utilities are paid by the tenants and separated. Water is sub-metered. Trash is paid in monthly installments by each tenant. Huge basement with the opportunity to add coin operated laundry or storage units. All leases are 1yr and have renewals of 5% built in. All deposits will be transferred with the sale. There is upside on the rent. All tenants park in the public parking lot across the street at Turkey Hill.
  1. Listed by Jennifer L. DeJesus • Steel City Realty

Property Details for 1059 Main Street

Area
Northampton
Sub division
Not in Development

Location

Listing Courtesy of Steel City Realty

Sold By Steel City Realty

Add your commute
LISTING UPDATED: 07/21/2023 10:06 AM

Property Details for 1059 Main Street

StatusSold & Settled
MLS #717437
Days on Market25
Taxes$8,889 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1890
CountyNorthampton County

Location

Listing Courtesy of Steel City Realty

Sold By Steel City Realty

Add your commute

Building Information for 1059 Main Street

Building/Complex1059 Main StFloor-Stories-Residences12Pet Policy-Year Built1890Building Size-

Payment Calculator

$8,108 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$741

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1059 Main Street

Summary
Location and General Information
  • Directions: From Rt 329 (21st St) turn right onto Main St. Property is on the left. Across from the Turkey Hill gas station.
  • School District: Northampton
Parking
  • Parking: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,215.00
  • Lawn Snow Removal: $900
  • Maintenance Repair: $5,921
  • Management: 10362
  • Municipal Taxes: $1,406.25
  • School Taxes: $6,267.38
  • Total Taxes: $8,888.63
Property
Lot Information
  • Acres: 0.117
  • APN: M4NW2D 6 2 0522
  • Zoning Code: C-1-COMMERCIAL TRANSITION
Property and Assessments
  • County Assessment: $112,500.00
  • Property SubType Category: Apartment Style
Utilities
  • Cooling: Wall AC, Window AC
  • Electric: 1661
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stucco
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $140,622.00
  • Insurance: $6,700
  • Net Income: $106,189.00
  • Operating Expense: $34,433
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 12
  • Total Units: 12
Unit 1
  • Unit Total1 Bedroom: 12

Property History for 1059 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1059 Main Street

Taxable ValueLand$21,000Additions$91,500Total$112,500
Tax Record2024$9,001 ($750 / month)
Home Facts
Total Finished SqFt12,690 SqFtAbove Grade Finished SqFt12,690 SqFtStories1Lot Size5,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningC1CountyNORTHAMPTONAPNM4NW2D 6 2 0522

Schools near 1059 Main Street

This home is within Northampton Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Colonel John Siegfried Elementary School
PublicK to 5

Northampton Middle School
Public6 to 8

Northampton Area High School
Public9 to 12

Good Shepherd Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of Steel City Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.