Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Century 21 Pinnacle / Frank Renaldi
500 W Pennsylvania Avenue Pen Argyl Borough, PA 18072
Active (13 Days)
$495,000
Description
MLS #:
759214
759214
Taxes
$4,207
$4,207
Lot Size
6,077 SQFT
6,077 SQFT
Type
Multifamily
Multifamily
Year Built
1900
1900
School District
Pen Argyl
Pen Argyl
County
Northampton County
Northampton County
Community
Not In Development
Not In Development
Listed By
Frank Renaldi, Century 21 Pinnacle
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 29 2025 at 3:00 AM GMT+0000
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 29 2025 at 3:00 AM GMT+0000
Bathroom Details
- Full Bathrooms: 4
Subdivision
- Not In Development
Heating and Cooling
- Baseboard
- Electric
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Parking
- No Garage
- On Street
Stories
- 2
Living Area
- 2,745 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Pinnacle and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Fantastic opportunity to own a fully leased 4-unit multifamily property in the heart of Pen Argyl Borough. This well-maintained asset offers a mix of 1- 2- and 3 bedroom units with long-term tenants in place, providing strong and stable cash flow from day one.
Built in 1900, this detached building offers 2,257 square feet of rentable space. All utilities are paid by tenants through RUBS (Ratio Utility Billing System), keeping operating costs low. The property produces a gross annual income of $56,535, with a net income of $42,221 and total expenses of just $14,314, including taxes, insurance, management, and minimal owner-paid utilities.
This property is currently under professional management and the management company is offering an incentive to the future buyer if management is continued. Offering Memorandum available upon request.