Price
$ 560,000
$ est. monthly payment
7813 Main Street, Fogelsville, PA 18051  
  • 12 beds
  • 8 baths
  • 7,772 sqft

7813 Main Street, Fogelsville, PA 18051  

VALUE ADD 8 UNIT APARTMENT COMPLEX IN UPPER MACUNGIE TOWNSHIP, THE FASTEST GROWING TOWNSHIP IN THE LEHIGH VALLEY WITH 10%+ GROWTH FROM 2014 TO 2018! ~ 8.4%+ PRO FORMA CAPITALIZATION RATE AT FULL ASKING PRICE WITH ALL RESERVES BEING BACKED OUT INCLUDING MANAGEMENT, MAINTENANCE AND VACANCIES ~ FOUR 2 BEDROOM APARTMENTS / FOUR 1 BEDROOM APARTMENTS, ALL BELOW MARKET RENTS ~ SEPARATE ELECTRIC HEAT PAID BY TENANTS ~ ON SITE PARKING ~ ON SITE LAUNDRY. Value add multifamily opportunity in Upper Macungie Township, the fastest growing township in the Lehigh Valley! With minimal upgrades and focused property management, month to month rents could be brought up to market in a short period of time. Current owners have made improvements to the roof, gutters, sidewalk in addition to current maintenance needs such as installing new doors where needed, painting and general maintenance of the property. Click on the video for a visual tour of the property and schedule your personal tour today!

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  • Listing Type Multi-Family
  • Listing ID 629223
  • Bedrooms 12
  • Bathrooms 8
  • House Size 7,772 sqft
  • Lot Size 0.38 acres
  • Listing Status Active
  • Year Built 1900
  • County Lehigh County
  • Full Bath 8
  • Subdivision Not In Development
  • Floors 3.0
  • Units 8
  • Garage 10.0
  • County School District Parkland
  • Zoning NC-NEIGHBORHOOD COMMERCIAL
  • Taxes 7419.23
Listing courtesy of Emerald Realty Group

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