4358 Newburg Rd, Nazareth, PA

Others for Sale - $557,000 - 11,692 Sq. Ft. on 0.91 acres


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Agent Info

NameTejas Gosai
CompanyCENTURY 21 Keim Realtors

Property Info

CIMLS #1026066
Location4358 Newburg Rd
Nazareth PA 18064
Last UpdatedOctober 15th, 2018
TypeOthers
Price$557,000
Building11,692 Sq. Ft.
Land0.91 acres
DemographicsView data

Contact


Property Description

$111,240 GROSS INCOME, $77,911 NET INCOME, 14% CAP (3/4 units occupied) Turnkey, cash-flowing, 4-unit asset located on route 191 Nazareth Pike with 445 feet of frontage on an almost one-acre corner lot at a 4-way intersection w/ traffic lights. The property is zoned commercial and has a bus stop on the premises while being classified as mixed-use res/office/apartments. The offering includes 3 contiguous parcels & buildings totaling 11,692SF of leasable space from 3 residential units and one commercial unit. Located across from Lafayette Ambassador Bank and near dining/retail. Building 1 is 9,656SF & has a large paved parking lot in rear w/ 6,800SF ground level com space & 2 Apartments with a new roof and 3 phase 400 amps of power. Building 2 is a 4BR home w/ all newly updated paint, furnace, roof, and central air. 1.5 hours from Phili/NYC, seconds from 33 & 22. NO ZONING APPROVALS NEEDED, everything is already in place.


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