$1,350,000
$1,450,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
1 N Broadway Wind Gap Borough, PA 18091
9,117 SqFt
Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $148
Subdivision Not In Development
MLS Listing ID 753479
Sold Date 05/15/25
HOA Y/N No
Year Built 1915
Annual Tax Amount $16,383
Property Sub-Type Commercial
Property Description
Discover an exceptional investment opportunity in the heart of Wind Gap! This beautifully restored mixed-use property offers 8 fully renovated apartments and a 1,200 sq. ft. unfinished commercial space, making it an ideal asset for an investor seeking strong cash flow with minimal landlord expenses. The residential portion consists of four spacious two-bedroom, one-bath units and four one-bedroom, one-bath units, all fully occupied. The commercial space, currently owner-occupied and unfinished, presents a fantastic opportunity for an owner-user or future tenant. This property has been thoughtfully renovated with modern upgrades including luxury vinyl plank flooring, tiled bathrooms, quartz countertops, custom shaker cabinets, large windows enhance the living spaces, while new stainless steel appliances, including dishwashers and onsite washer/dryers for added convenience. The building's original stained glass has been carefully preserved, adding a unique historic charm that sets this property apart. Designed with landlords in mind, the property boasts sub-metered water, separately metered electric, and tenant-paid trash service, significantly reducing operating expenses. The landlord is responsible for the owner's electric meter, maintenance of common areas, and lawn/snow removal, keeping expense ratios remarkably low. Located in a prime spot with great visibility and accessibility. Don't miss this opportunity! Owner is a licensed PA Real Estate Agent.
Location
State PA
County Northampton
Area Wind Gap
Direction On 33 N take Wind Gap Exit. Follow Broadway until you pass Turkey Hill. Take left on 8th St across from Ken's Auto. Property on your right.
Interior
Heating Electric
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Total Parking Spaces 12
Building
Sewer Public Sewer
Water Public
Schools
School District Pen Argyl
Others
Senior Community No
Tax ID E8SW4C 1 2 0638
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
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