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1264 NEWPORT AVE, Northampton, Pennsylvania

$219,0006 Beds3 BathsActive

1264 NEWPORT AVE, Northampton, Pennsylvania 18067
Lifestyle Realty Group - MLS® ID: 7003538

Property Details

1264 NEWPORT AVE, Northampton, Pennsylvania 18067 - All investors-Looking for 10% cap rate? Excellent 3 unit investment opportunity with garage. Extremely LOW tax and operating expenses. Annual net close to $22,000. Property includes large 3 bedroom townhouse on one side and 1264 side includes first and second floor one bedroom units. Second level unit is remodeled with large walk in closet and attic space that could be a second bedroom with added heat/cooling. Newer gas water heater(6 yrs old), water lines have been converted with separate meters to each unit. Property fully occupied with long term tenants. Rental rates have never been increased, but could based on current market. Annual rental income-$26,400 with $4,602 annual OE including tax! Tenants pay gas, electric & water/sewer. The one car garage is rented separately for $75/mo. Income verification, utility bills and leases can be provided upon request.

Amenities

  • Zip18067
  • CountyNorthampton
  • SQFT2978
  • Bedrooms6
  • Full baths3
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • Zoning typeR3
  • School districtNorthampton
  • Year built1900
  • Lot size0.19
  • SewerPublic Sewer
  • HeatingHot Water
  • CoolingWall Unit
  • Tax amount$3,439.00
  • Tax year2017
  • Office ID56113
  • Agent ID60066436
  • Agent nameErika Sessanta
  • MLS® ID7003538

Broker: Lifestyle Realty Group

Listing Courtesy of Lifestyle Realty Group

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“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”

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