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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PM-121017
Sold Date 01/08/25
Originating Board Pocono Mountains Association of REALTORS®
Year Built 1890
Annual Tax Amount $3,935
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 0.08
Property Sub-Type Multi Family
Property Description
Stunning Turnkey Investment Property in Historic Portland This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established. Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio. Schedule a showing today!
Location
State PA
County Northampton
Area 0.08
Interior
Heating Baseboard, Electric
Cooling Wall/Window Unit(s), Electric, None
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Off Site
Garage Spaces 5.0
View Y/N No
Roof Type Flat
Building
Lot Description Historic District
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Siding
Others
Tax ID B11SE3C6-14-0127
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Andie Katz
Associate Broker | REALTOR® | License ID: AB069370
Associate Broker | REALTOR® License ID: AB069370