1083-1085 Main St, Hellertown, PA 18055
Local realty services provided by:ERA Martin Associates
1083-1085 Main St,Hellertown, PA 18055
$725,000
- 6 Beds
- - Baths
- 2,620 sq. ft.
- Multi-family
- Pending
Listed by: ken solt
Office: realty outfitters
MLS#:PANH2009894
Source:BRIGHTMLS
Price summary
- Price:$725,000
- Price per sq. ft.:$276.72
About this home
A rare opportunity awaits in the highly desirable Borough of Hellertown with this fully occupied, 4-unit investment property. Meticulously maintained, 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 has lovingly cared for the property for over 40 years, ensuring it remains a solid, reliable asset for the next investor. The building features an attractive mix of 2 one-bedroom and 2 two-bedroom apartments. Each apartment provides privacy and convenience 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. While some units have been recently refreshed, a couple of the apartments are in good condition but do need some updating, offering the perfect cosmetic value-add project for a new owner. Combined with bringing the currently below-market leases up to prevailing market rates after minor updates, an 8% or higher cap rate is easily attainable. As an added bonus, the building recently passed its municipal inspections, meaning no Borough rental inspections are required for nearly five years. Call today to schedule a private viewing and add this exceptional property to your real estate portfolio!...
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Home facts
- Year built:1908
- Listing ID #:PANH2009894
- Added:95 day(s) ago
- Updated:July 29, 2026 at 08:35 AM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Dirt Floor
- Living area:2,620 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Ductless/Mini-Split, Window Unit(s)
- Heating:Electric, Forced Air, Heat Pump(s), Hot Water, Natural Gas, Radiator
Structure and exterior
- Roof:Architectural Shingle
- Year built:1908
- Building area:2,620 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Aluminum Siding, Vinyl Siding
Schools
- High school:SAUCON VALLEY
- Middle school:SAUCON VALLEY
- Elementary school:SAUCON VALLEY
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$276.72
- Tax amount:$6,532 (2026)
Features and amenities
- Amenities:Cable TV
Parking
- Parking description:Assigned, Off Street, On Street, Paved Parking, Private
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