USAPAHellertown1085-1083-1085 Main St
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$725,000

For Sale

18 hours ago

1085 - 1083-1085 Main St, Hellertown, PA

MLS® PANH2009894

0 Bed

0 Bath

2620 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2620 sqft
Garage No
HOA Fees 
Taxes $6,533
Days Active 0
Approx. Age 1908
Avg. Price Per Sqft $276
MLS® Number PANH2009894

Property Address: 1085-1083-1085 Main St, Hellertown, PA, 18055-1526

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity awaits in the highly desirable Borough of Hellertown with this fully occupied, 4-unit investment property. Meticulously maintained, this unique building has been proudly owned by the same family since its construction as 2 twins in 1908, before being converted to apartments in the early 1960s. The current owner has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features an attractive mix of 2 one-bedroom and 2 two-bedroom apartments. Each apartment provides privacy and convenience with its own separate entrance and 2 dedicated off-street parking spaces. Landlord overhead is low, as the property features separate utility meters with tenants responsible for paying their own electric, gas, water, and sewer bills. Upside potential exists within the current rent roll and operating expenses. While some units have been recently refreshed, a couple of the apartments are in good condition but do need some updating, offering the perfect cosmetic value-add project for a new owner. Combined with bringing the currently below-market leases up to prevailing market rates after minor updates, an 8% or higher cap rate is easily attainable. As an added bonus, the building recently passed its municipal inspections, meaning no Borough rental inspections are required for nearly five years. Call today to schedule a private viewing and add this exceptional property to your real estate portfolio!
MLS® NumberPANH2009894
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1908
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$725,000List Price
  • Commute

Commute

Starting Address
Destination Address
1083-1085 Main St, Hellertown, PA

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