2-8 S 4th St - Apartments FOR SALE


Emmaus, PA 18049
$3,200,000 USD
484-245-1021
2-8 S 4th St, Emmaus, PA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/8
null | 6.63% Cap Rate

2-8 S 4th St
Emmaus, PA 18049


HIGHLIGHTS

  • 10 MF units: 7 two-bedroom and 3 one-bedroom; 5 commercial units
  • Radiator (oil) heat in MF units; electric heat in commercial units
  • 100% occupancy with opportunity for increased rental rates
  • Desirable and sought-after commercial district location in charming Emmaus

OVERVIEW

Introducing an exceptional investment opportunity in the heart of Lehigh Valley. This impressive property at 2-10 South Fourth Street, and 408 Chestnut St in Emmaus, PA, 18049 boasts a 14,506 square foot combined property with 15 units (10 MF; 5 Commercial), with 100% occupancy. Its prime location in the thriving Lehigh Valley area provides unparalleled visibility and accessibility for retail and street retail businesses. This turnkey investment promises strong and consistent returns, value-add opportunities, and a high-demand tenant environment. This 3-parcel property in the center of downtown Emmaus offers an inviting blend of tradition and contemporary appeal. The area has become a thriving hub for retail, and hosts a diverse mix of retail stores and dining experiences. Situated directly across from Triangle Park, the location's proximity to major roadways (Rt 476, Rt 29, Rt 78/309, Emaus Ave) and bustling community events makes it a prime investment opportunity for retail and street retail investors.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

10

PRICE/UNIT

$320,000

CAP RATE

6.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B-C

APN/PARCEL ID

549465077476-1,549465079039-1

ASK ABOUT THIS PROPERTY

Steve WilsonSVN | Imperial RealtyMore Info
484-245-1021

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Steve WilsonSVN | Imperial RealtyMore Info
484-245-1021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.