1784 United States Rte 209

Brodheadsville, PA 18322

$1,250,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully-leased mixed-use investment property available for purchase. The investment consists of 13 total rental units, 11 of which are residential & 2 are commercial. The 2 commercial tenants are a children’s learning & activity center and a retail ‘jewelry/cash for gold’ business. The residential units are three 1-Bedroom rentals, six 2-Bedroom rentals, a 3-Bedroom single family home, and a garage rental unit. The property is located on accessible Route 209 and tenants enjoy abundant off-street parking...Fully-leased mixed-use investment property available for purchase. The investment consists of 13 total rental units, 11 of which are residential & 2 are commercial. The 2 commercial tenants are a children’s learning & activity center and a retail ‘jewelry/cash for gold’ business. The residential units are three 1-Bedroom rentals, six 2-Bedroom rentals, a 3-Bedroom single family home, and a garage rental unit. The property is located on accessible Route 209 and tenants enjoy abundant off-street parking with good access to local amenities
Tenants are responsible for base rent, electric & heat with landlord paying landscaping & trash. This investment is being offered at a 6.7% CAP rate on the current NOI of $140,028.00. Current rental rates would be considered ‘modest/fair’ with room for market increases. This property portfolio is located less than 40 min from the Lehigh Valley, 5 miles to route 33, and less than 10 miles to Rt. 80. Private showings are available upon request.
  1. Listed by Peter J. Adams • BHHS Fox & Roach Macungie

Property Details for 1784 United States Rte 209

Area
Chestnuthill Twp
Sub division
Not in Development

Location

Listing Courtesy of BHHS Fox & Roach Macungie

Sold By BHHS Fox & Roach Macungie

Add your commute
LISTING UPDATED: 07/12/2022 10:14 AM

Property Details for 1784 United States Rte 209

StatusSold & Settled
MLS #679792
Days on Market229
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Mixed Use
Year Built1902
Lot Size-
CountyMonroe County

Location

Listing Courtesy of BHHS Fox & Roach Macungie

Sold By BHHS Fox & Roach Macungie

Add your commute

Building Information for 1784 United States Rte 209

Stories-Residences13Year Built1902Building Size-Lot Size-

Payment Calculator

$6,822 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1784 United States Rte 209

Summary
Location and General Information
  • Directions: Rt 33, Rt 209 west, property is on the left
  • School District: Not Applicable
Parking
  • Parking: Paved Lot
  • ParkingSpaces: 30
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • Lawn Snow Removal: $3,000
  • Maintenance Repair: $3,250
  • Management: 0
Property
Lot Information
  • APN: 02-625803-14-1676
  • Zoning Code: C
Property and Assessments
  • County Assessment: $549,510.00
  • Property SubType Category: Mixed Use
  • Year Built Exception: Unknown
Utilities
  • Cooling: Window AC
  • Electric: 0
  • Gas: $0
  • Sewer: Septic
  • Water: Well
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Other
Interior Features
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $140,610.00
  • Insurance: $7,285
  • Net Income: $104,028.00
  • Operating Expense: $36,582
  • Other Expenses: $2,854
  • Trash Removal: 0
  • Total Unit Count: 0
  • Total Units: 13
Unit 1
  • Unit Total1 Bedroom: 3
Unit 2
  • Unit Total2 Bedrooms: 6
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 1784 United States Rte 209

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1784 United States Rte 209

This home is within Pleasant Valley School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Pleasant Valley El School
PublicK to 3

Pleasant Valley Middle School
Public7 to 8

Pleasant Valley High School
Public9 to 12

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 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.