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    218 Delaware Avenue

    Palmerton Borough, PA 18071
    • $739,000
    • STATUS: Available
    • ON SITE: 32 days
    • ID#: 652271
    UPDATED: 20 min ago
    $739,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,726
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    9.34% CAP. 11-unit, mixed-use property with St. Luke's Physician Group as anchor tenant. Additional rentals include a 2-bedroom apartment and 9 garage rentals. SLPG occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.

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    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-28T19:12:56.01.
    www.seeinsidethehouse.com/homes/111363610
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    218 Delaware Avenue Palmerton Borough, PA 18071

    • Price: $739,000
    • Status: Available
    • Updated: 20 min ago
    • ID#: 652271
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    8,726
    SQFT
    $85
    $/SQFT
    1907
    Built
    Neighborhood:
    Not In Development
    County:
    Carbon
    Area:
    Palmerton
    School District:
    Palmerton
    Property Description
    9.34% CAP. 11-unit, mixed-use property with St. Luke's Physician Group as anchor tenant. Additional rentals include a 2-bedroom apartment and 9 garage rentals. SLPG occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.
    Exterior Features

    Construction Frame Parking Unpaved Lot Parking Spaces 10

    Interior Features

    Cooling Central Ac Heat Type Electric

    Property Features

    Electric 0 Gas 0 Gross Income 101517 Heat 0 Net Income 69008 Operating Expense 0 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleCommercialMixed Use Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Water Public Water Sewer 0 Zoning Code Cd

    Listing provided courtesy of Kw Commercial - Stroudsburg.


    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-28T19:12:56.01.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809