55
See all 55 photos
$485,000
Est. payment /mo
5 BD
5 BA
4,500 SqFt
Active
507 509 Delaware Avenue Portland Borough, PA 18351
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UPDATED:
12/22/2024 02:55 PM
Key Details
Property Type Condo
Sub Type Apartment Style
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $107
Subdivision Not In Development
MLS Listing ID 750177
Bedrooms 5
Full Baths 5
Year Built 1890
Annual Tax Amount $3,935
Lot Size 3,541 Sqft
Property Description
Stunning Turnkey Investment Property in Historic Portland
This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established.
Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth.
Don't miss out—properties like this are rarely listed. Schedule a showing today!
This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established.
Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth.
Don't miss out—properties like this are rarely listed. Schedule a showing today!
Location
State PA
County Northampton
Area Portland
Interior
Cooling Window ACs
Exterior
Garage Spaces 5.0
Building
Story 2.0
Sewer Public
Water Public
New Construction No
Schools
School District Bangor
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by Realty Solutions of Pa
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