2 S 4th Street, Emmaus Boro, PA 18049
sale
$3,300,000
|
Retail
Courtesy Of Iron Valley Real Estate of Lehigh Valley
Exceptional mixed-use investment opportunity in the heart of Downtown Emmaus! This fully occupied property features 15 total units (10 residential apartments and 5 commercial storefronts) across approximately 14,506 SF in a premier location directly across from Triangle Park. The asset generates strong in-place cash flow with approximately $289,284 annual gross income and $233,543 annual NOI, while offering additional upside through future rent adjustments and operational efficiencies. Commercial tenants include established local businesses, complemented by a stable residential tenant base. Recent capital improvements include a newer TPO roof. Situated within Emmaus' vibrant downtown business district, this trophy asset benefits from excellent visibility, strong foot traffic, high occupancy demand, and convenient access to Routes 78, 309, 29, and the PA Turnpike. An outstanding opportunity for investors seeking a stabilized, income-producing property with long-term appreciation potential in one of the Lehigh Valley's most desirable markets.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Building Units: 15
- Cooling System: Window Unit(s)
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: StoneVeneer
- Exterior Type: WoodSiding
- Exterior Type: Brick
- Exterior Type: Stone
- Heating System: Oil
- MLSID: 778698
- Parking Spaces: 2
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