Skip To Content
    Return to Previous Page

    218 Delaware Ave

    Palmerton, PA 18071
    • $739,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: PM-82544
    UPDATED: 19 min ago
    $739,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,726
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1907
    County:

    School Ratings & Info

    School District:

    Description

    9.34% CAP. 11-unit, mixed-use property with St. Luke's Physician Group as anchor tenant. Additional rentals include a 2-bedroom apartment and 9 garage rentals. SLPG occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.

    Monthly Payment Calculator



    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-30T20:14:33.573.
    www.kellyrealtygroup.com/homes/111363604
    Print Image

    218 Delaware Ave Palmerton, PA 18071

    • Price: $739,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: PM-82544
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    8,726
    SQFT
    $85
    $/SQFT
    1907
    Built
    Neighborhood:
    Palmerton Borough
    County:
    Carbon
    Area:
    Palmerton Borough
    School District:
    Palmerton Area
    Property Description
    9.34% CAP. 11-unit, mixed-use property with St. Luke's Physician Group as anchor tenant. Additional rentals include a 2-bedroom apartment and 9 garage rentals. SLPG occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.
    Exterior Features

    Construction Frame Exterior Features Sign Level GradeMulti Location Freestnd Parking On-Site Railroad Track None Road PavedPublic Road Surface Blk-Top Road Type City-Rd Roof Ridged Truck Drive-In

    Interior Features

    Ceiling 0-9FT10-12FT Cooling Cntrlac Doors 6-10Grade Heating Elec Sq Ft Above Grade 8726.00

    Property Features

    Current Use CommercialOffice BuildingResidential Financing CashConventional Foreclosure No Gross Income 101517.00 Includes Building(S) Lease Type GrossTpl-Net Net Income 69008.00 Possession Settlement Potential Use Apartment(S)MedicalOffice/ProfessionalProfessional ServiceResidenceResidential InvestmeStorage Rental Units 2.00 Sewer Public Transaction Type For Sale Warranty None Water Public Zoning Cd

    Listing information © 2020 Pocono Mountains Association of Realtors


    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-30T20:14:33.573.
     
    https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-82544-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-82544-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-82544-2.jpg
    Logo
    Keller Williams Real Estate
    637 Main Street, Suite 320
    Stroudsburg PA, 18360