Remarks

Discover an exceptional investment opportunity in the heart of Wind Gap! This beautifully restored mixed-use property offers 8 fully renovated apartments and a 1,200 sq. ft. unfinished commercial space, making it an ideal asset for an investor seeking strong cash flow with minimal landlord expenses. The residential portion consists of four spacious two-bedroom, one-bath units and four one-bedroom, one-bath units, all fully occupied. The commercial space, currently owner-occupied and unfinished, presents a fantastic opportunity for an owner-user or future tenant. This property has been thoughtfully renovated with modern upgrades including luxury vinyl plank flooring, tiled bathrooms, quartz countertops, custom shaker cabinets, large windows enhance the living spaces, while new stainless steel appliances, including dishwashers and onsite washer/dryers for added convenience. The building’s original stained glass has been carefully preserved, adding a unique historic charm that sets this property apart. Designed with landlords in mind, the property boasts sub-metered water, separately metered electric, and tenant-paid trash service, significantly reducing operating expenses. The landlord is responsible for the owner's electric meter, maintenance of common areas, and lawn/snow removal, keeping expense ratios remarkably low. Located in a prime spot with great visibility and accessibility. Don't miss this opportunity! Owner is a licensed PA Real Estate Agent.

Details

MLS#: 753479
Price: $1,450,000

Style: Commercial
Sq Ft: 9117
Year Built: 1915

County: Northampton
Subdivision: Not in Development
Tax Fee: 16192.44

School District: Pen Argyl