Nazareth Borough, PA 18064,139 S Main ST

$820,000

Est. payment /mo

$899,900

8.9%
Est.Price: ?

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139 S Main ST Nazareth Borough, PA 18064

8 Beds

4 Baths

SOLD DATE : 01/30/2025

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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Listed by Redstone Run Realty
Bought with Redstone Run Realty
agent

Michael Gibbons

Agent | License ID: RS362721

+1(610) 704-9709

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