218 DELAWARE AVE Palmerton Borough, PA 18071

$739,000

1 of 4

Bedrooms

Total Baths

Full Baths

8,726

Square Feet

0.36

Acres

1907

Year Built

38 days

On Website

Active

Status

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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Details


Interior
Living Area
8,726 SqFt.

Building And Construction
Number Of Units Total
11
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1907

Exterior And Lot
Lot Size Acres
0.36
Lot Size Square Feet
15682
Parking Total
10
Zoning
CD

Utilities
Cooling
Central Ac
Heating
0

Area And Schools
City
Palmerton Borough
County Or Parish
Carbon
High School District
Palmerton
Subdivision Name
Not In Development

Additional Info
SquareFootageSource
Tax Records
Status Detail
Available

Listing By KW Commercial - Stroudsburg

MLS# 652271

Data Last Updated a month ago

Lehigh Valley Association Of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of 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. Real estate listings held by brokerage firms other than RE/MAX Real Estate, are indicated by detailed information about them such as the name of the listing firms. Information Deemed Reliable But Not Guaranteed. Copyright 2020 Greater Lehigh Valley REALTORS®

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