218 DELAWARE AVE Palmerton, PA 18071

$739,000

1 of 4

Bedrooms

Total Baths

Full Baths

8,726

Square Feet

0.36

Acres

1907

Year Built

39 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
Ceiling
0-9ft,10-12ft
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
Road Type
City-rd

Utilities
Cooling
Cntrlac
Heating
Elec

Area And Schools
City
Palmerton
County Or Parish
Carbon
High School District
Palmerton Area
Location
Freestnd

Financial Info
Transaction Type
For Sale

Listing By KW Commercial - Main St

MLS# PM-82544

Data Last Updated a month ago

Pocono Mountains Association Of Realtors Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Pocono Mountains Association of 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 At Your Service, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2020 Pocono Mountains Association of Realtors®. All Rights Reserved.

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