1422 Main Street

Hellertown, PA 18055

$400,000
Last Sold Price
Beds
2,075 Sq. Ft.
$193 / Sq. Ft.
2,075
Sq. Ft.
$193
per Sq. Ft.

Description

Solid, fully leased 4 unit mixed-use investment property. Seller has consistently maintained and upgraded this property over the years of ownership. Owner operated their business from the 1st floor commercial space for many years until the recent relocation. Property is fully leased and the units under lease include a first floor commercial space, a first floor 1 bedroom residential apartment, a second floor 2 bedroom residential apartment, and a detached garage. Property includes a parking pad in...Solid, fully leased 4 unit mixed-use investment property. Seller has consistently maintained and upgraded this property over the years of ownership. Owner operated their business from the 1st floor commercial space for many years until the recent relocation. Property is fully leased and the units under lease include a first floor commercial space, a first floor 1 bedroom residential apartment, a second floor 2 bedroom residential apartment, and a detached garage. Property includes a parking pad in the rear for 2 vehicles. The current NOI is $30,411.96 and results in a solid 7% CAP rate opportunity. Tremendous location just minutes from Route 78
  1. Listed by Peter J. Adams • BHHS Fox & Roach Macungie

Property Details for 1422 Main Street

Area
Hellertown
Sub division
Not in Development

Location

Listing Courtesy of BHHS Fox & Roach Macungie

Sold By Home Team Real Estate

Add your commute
LISTING UPDATED: 03/02/2022 02:33 PM

Property Details for 1422 Main Street

StatusSold & Settled
MLS #672985
Days on Market157
Taxes$4,158 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Mixed Use
Year Built1900
Lot Size-
CountyNorthampton County

Location

Listing Courtesy of BHHS Fox & Roach Macungie

Sold By Home Team Real Estate

Add your commute

Building Information for 1422 Main Street

Stories-Residences4Year Built1900Building Size-Lot Size-

Payment Calculator

$2,529 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1422 Main Street

Summary
Location and General Information
  • Directions: Route 78, Route 412 Hellertown Exit south, property is on the right
  • School District: Southern Lehigh
Parking
  • Parking: Paved Lot
  • ParkingSpaces: 2
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $523.80
  • Lawn Snow Removal: $900
  • Maintenance Repair: $900
  • Management: 0
  • Municipal Taxes: $1,042.75
  • School Taxes: $2,591.36
  • Total Taxes: $4,157.91
Property
Lot Information
  • APN: Q7NW3A960715
  • Zoning Code: M-Mixed
Property and Assessments
  • County Assessment: $48,500.00
  • Property SubType Category: Mixed Use
  • Year Built Exception: Unknown
Utilities
  • Cooling: Central AC, Window AC
  • Electric: 2100
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 804
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Frame
Interior Features
  • Heat: $1,380
  • Heat Type: Forced Air
Multi Family
Multi-Family Information
  • Gross Income: $42,600.00
  • Insurance: $1,400
  • Net Income: $30,411.00
  • Operating Expense: $12,188
  • Other Expenses: $0
  • Trash Removal: 500
  • Total Unit Count: 0
  • Total Units: 4

Property History for 1422 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 1422 Main Street

Taxable ValueLand$19,600Additions$28,900Total$48,500
Tax Record2024$4,218 ($351 / month)
Home Facts
Baths2Total Finished SqFt2,075 SqFtAbove Grade Finished SqFt2,075 SqFtStories2Lot Size7,399 SqFtStyleQuadraplexYear Built1900ZoningMCountyNORTHAMPTONAPNQ7NW3A 9 6 0715

Schools near 1422 Main Street

This home is within Saucon Valley School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Saucon Valley El School
PublicK to 4

Saucon Valley Middle School
Public5 to 8

Saucon Valley Senior High School
Public9 to 12

St Theresa 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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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 BHHS Fox & Roach Macungie

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.