$820,000
$899,900
8.9%For more information regarding the value of a property, please contact us for a free consultation.
139 S Main ST Nazareth Borough, PA 18064
8 Beds
4 Baths
Key Details
Sold Price $820,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 743114
Sold Date 01/30/25
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1900
Annual Tax Amount $6,779
Property Sub-Type Apartment
Property Description
INVESTMENT OPPORTUNITY IN DOWNTOWN NAZARETH! Nestled on bustling Main Street, this stunning 6-unit historic building exhibits charm with its quality brickwork, intricate Italianate details, and a striking segmented pediment atop a large cornice. The ground floor features 2 prime commercial spaces, one of which is already leased, while the upper floors house 4 modestly updated and fully occupied residential units. With current gross rents at approximately $75k and the potential to reach $90k upon leasing the second commercial space, this property is a gem for long term portfolio investors. Don't miss the chance to own a piece of Nazareth's history while enjoying a gilt-edge portfolio addition!
Location
State PA
County Northampton
Area Nazareth
Direction From PA-191 S, Turn right onto E Center St, Continue straight to stay on E Center St, Turn right onto Center Square, Turn right onto S Main St. Destination will be on the left.
Interior
Heating Electric
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Nazareth
Others
Senior Community No
Tax ID J7SE3A-9-11-0421
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
Special Listing Condition None
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Bought with Redstone Run Realty