$725,000
 $3,892 est/mo Sourced by Back At You

1083-1085 Main St,HELLERTOWN, PA 18055

HELLERTOWN, PA 18055

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Description

Back on the market due to fault of its own! 4 Unit FULLY occupied investment property now available in the desirable Borough of Hellertown. This unique building has been proudly owned by the same family since its construction as 2 twins in 1908, before being converted to apartments in the early 1960s. The current owner (and former resident) has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features 2 one-bedroom and 2 two-bedroom apartments each with its own separate entrance and 2 dedicated off-street parking spaces. Landlord overhead is low, as the property features separate utility meters with tenants responsible for paying their own electric, gas, water, and sewer bills. Upside potential exists within the current rent roll and operating expenses. Current gross monthly income is nearly $5,000 and the cap rate at list price is 6.75% with 8%+ easily attainable given some updates and market rents. Each unit has been inspected by the Borough so no rental inspections are due until 2031. Call today to view this property and add it to your portfolio!

Details

MLS #PANH2010882
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1908
Days On Site14
Listing Provided ByRealty Outfitters | Ken Solt

Features

SQ Feet2,620
BasementY
Story(s)3
Units4
ZoningM
Acreage0.14

Interior

Rooms Total0
CoolingCeiling Fan(s), Ductless/Mini-Split, Window Unit(s)
Heating Yes / NoYes
HeatingHot Water, Radiator, Forced Air, Heat Pump(s)

Exterior

RoofArchitectural Shingle
Construction MaterialsVinyl Siding, Aluminum Siding
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesAssigned, Paved Parking, Private

Utilities

UtilitiesCable TV

Taxes

Tax Annual Amount6532.97

Area Information

StatePA
CountyNORTHAMPTON PA
CityHELLERTOWN
Zip Code18055
AreaHellertown Boro (12415)
School DistrictSAUCON VALLEY
Elementary SchoolSAUCON VALLEY
High SchoolSAUCON VALLEY
Listing VS Median (in 18055)
Price:
$725,000
low | high
Med:
$450,000
87.931034482759% of Average
sqft:
2,620
low | high
Med:
3,684
9.389312977099% of Average
$ / sqft:
$277
low | high
Med:
$122
100% of Average
On site:
14
low | high
Med:
12
100% of Average
Sourced by Back At You

Market Activity 18055

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Learn More About This Property

StatePA
CountyNORTHAMPTON PA
CityHELLERTOWN
Zip Code18055
AreaHellertown Boro (12415)
School DistrictSAUCON VALLEY
Elementary SchoolSAUCON VALLEY
High SchoolSAUCON VALLEY
Listing VS Median (in 18055)
Price:
$725,000
low | high
Med:
$450,000
87.931034482759% of Average
sqft:
2,620
low | high
Med:
3,684
9.389312977099% of Average
$ / sqft:
$277
low | high
Med:
$122
100% of Average
On site:
14
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 4:33:24 AM PST