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$725,000

For Sale

3 hours ago

MLS® PANH2010882

0 Bed

0 Bath

2620 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2620 sqft
Garage No
Taxes $6,533
Days Active 0
Lot Size 0.14000000059604645 Acres
Approx. Age 1908
Avg. Price Per Sqft $276
MLS® Number PANH2010882

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

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

Description

Back on the market due to fault of its own! 4 Unit FULLY occupied investment property now available in the desirable Borough of Hellertown. 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 (and former resident) has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features 2 one-bedroom and 2 two-bedroom apartments each 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. Current gross monthly income is nearly $5, 000 and the cap rate at list price is 6.75% with 8%+ easily attainable given some updates and market rents. Each unit has been inspected by the Borough so no rental inspections are due until 2031. Call today to view this property and add it to your portfolio!
MLS® NumberPANH2010882
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1908
BasementFull, Outside Entrance, Unfinished
DrivewayAssigned, Paved Parking, Private, On Street, Off Street
Garage Spaces
HeatHot Water, Radiator, Forced Air, Heat Pump(s), Electric, Natural Gas
A/CCeiling Fan(s), Ductless/Mini-Split, Window Unit(s), Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 22, 2026List Date
$725,000List Price
  • Commute

Commute

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

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