Property Attributes
- MLS#784832
- TypeMulti-Family
- Listing Status Active
- CountyNorthampton
- CityNorthampton Boro
- AreaNorthampton
- NeighborhoodNot in Development
- Zip18067
- Style
- Year Built1930
- Taxes$ 5973
- Price$ 649,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4174
- Lot Size0.406 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description
Excellent investment opportunity offering strong existing income with additional value-add potential! This property currently features two spacious residential units, both offering generous living space and additional loft areas. The entire first floor provides a large third storage unit spanning the footprint of the building, creating substantial additional space and future possibilities. The potential for creating additional residential units has been discussed with the Borough; any conversion or additional units would be subject to Borough approval, zoning, permitting, and applicable requirements. Current residential rental income totals $4,600/month or $55,200 annually. With reported annual expenses of approximately $9,382, the property generates an estimated NOI of $45,818. At the $649,900 list price, this represents an estimated 7.05% cap rate based on the provided income and expenses. A unique opportunity for an investor seeking immediate rental income with additional space and potential for future expansion. Seller also has listed from their portfolio: MLS #784835 and MLS #784812
| Price History | |
|---|---|
| 9/21/2026 | Listed $649,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Forced Air |
| Cooling | Central Air,Wall/Window Unit(s) |
| Zoning | 22R2 |
| Construction Materials | Brick |
| Year Built | 1930 |
| Levels | Two and One Half |
| Property Subtype | Apartment |
| Gross Income | 51189 |
| County | Northampton |
| Net Operating Income | 41717 |
| Operating Expense | 9382 |
| Insurance Expense | 721 |
| Property Type | Residential Income |
| MaintenanceExpense | 500 |
| Subdivision Name | Not in Development |
| Status | Active |
| Directions | Head south on Laubach Ave. Turn right onto E 14th St. Turn right onto Main St. Turn left onto Cherryville Rd. Turn right onto W 25th St. Turn right onto Carp Aly. |
| ModificationTimestamp | 2026-09-21T01:14:01.523-00:00 |
| City | Northampton Boro |
| Senior Community Y/N | false |
| High School District | Northampton |
| Number Of Units Total | 2 |
| MLS Area | Northampton |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 17685 |
| Property Attached Y/N | false |
| Year Built Details | Unknown |
| Tax Annual Amount | 5973.22 |
| Property Condition | Unknown |
| Water Sewer Expense | 1677 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Northampton |
| Elementary School District | Northampton |
| Tax Assessed Value | 68800 |
| Property Sub Type Additional | Apartment,Detached |
| PostalCity | Northampton Borough |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| LivingAreaSource | Assessor |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 4 |
| Lot Size Area | 17685 |
| Lot Size Acres | 0.406 |
| Lot Size Source | Public Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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