118 North Main Street

Coopersburg, PA 18036

$775,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Income-producing nine-unit apartment building for sale. The property consists of four(4) two-bedroom apartments and five(5) one-bedroom apartments. The property also features a 4,500 SF warehouse/garage, which is currently vacant but can be leased for increased income. There are seven dedicated parking spaces and street parking. Coin operated laundry on site. Rents are currently below market, so there is considerable upside with efficient management. Property is situated 5 minutes away from DeSales...Income-producing nine-unit apartment building for sale. The property consists of four(4) two-bedroom apartments and five(5) one-bedroom apartments. The property also features a 4,500 SF warehouse/garage, which is currently vacant but can be leased for increased income. There are seven dedicated parking spaces and street parking. Coin operated laundry on site. Rents are currently below market, so there is considerable upside with efficient management. Property is situated 5 minutes away from DeSales University and many more amenities. Just minutes from Route 309, Route 378, with easy access to I-78.
  1. Listed by Ayon A. Codner • Keller Williams Real Estate
  2. Listed by James J. Balliet • Keller Williams Real Estate

Property Details for 118 North Main Street

Area
Coopersburg
Sub division
Not in Development

Location

Listing Courtesy of Keller Williams Real Estate

Sold By Setton Realty

Add your commute
LISTING UPDATED: 03/30/2022 02:03 PM

Property Details for 118 North Main Street

StatusSold & Settled
MLS #640330
Days on Market536
Taxes$13,324 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1850
CountyLehigh County

Location

Listing Courtesy of Keller Williams Real Estate

Sold By Setton Realty

Add your commute

Building Information for 118 North Main Street

Building/Complex118 N Main StFloor-Stories-Residences9Pet Policy-Year Built1850Building Size-

Payment Calculator

$5,340 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$1,110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 North Main Street

Summary
Location and General Information
  • Directions: Route 309N. Left onto Station Avenue. Right onto Main Street. Property is 1/4 mile on left.
  • School District: Southern Lehigh
Parking
  • Parking: Off Site, Paved Lot
  • ParkingSpaces: 7
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,928.93
  • Lawn Snow Removal: $0
  • Maintenance Repair: $3,900
  • Management: 0
  • Municipal Taxes: $2,755.62
  • School Taxes: $8,639.38
  • Total Taxes: $13,323.93
Property
Lot Information
  • APN: 642348450533 001
  • Zoning Code: C-1
Property and Assessments
  • County Assessment: $510,300.00
  • Property SubType Category: Apartment Style, Commercial, Detached
Utilities
  • Cooling: Window AC
  • Electric: 2500
  • Gas: $500
  • Sewer: Public
  • Water: Public
  • Water Sewer: 4000
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stucco
Interior Features
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $97,500.00
  • Insurance: $5,000
  • Net Income: $58,753.00
  • Operating Expense: $35,072
  • Other Expenses: $900
  • Trash Removal: 4000
  • Total Unit Count: 9
  • Total Units: 9

Property History for 118 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 118 North Main Street

This home is within Southern Lehigh School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Liberty Bell El School
PublicK to 3

Southern Lehigh Middle School
Public7 to 8

Southern Lehigh Senior High School
Public9 to 12

Southern Lehigh Intermediate School
Public4 to 6

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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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate

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.