Beautiful & profitable! Very well-maintained 4 unit property with a garage, an 8 space parking lot, and nice yard. Fully rented with long term tenants. Three two bedroom units and one 3 or 4 bedroom unit. Excellent downtown Palmerton, easy to rent location. Expense info shown is for 2019.
Off market
$466,100
494 Franklin Ave, Palmerton, PA 18071
10beds
5baths
5,784sqft
MultiFamily
Built in 1925
-- sqft lot
$466,100 Zestimate®
$81/sqft
$1,594 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Gas
Appliances
- Laundry: Wash/Dry Hook Up
Interior area
- Total interior livable area: 5,784 sqft
Property
Features
- Exterior features: Stone
Lot
- Size: 0.32 Acres
Details
- Parcel number: 42A48D30
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Palmerton
HOA & financial
Other financial information
- Total actual rent: 3925
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- HeatingYN: true
- CoolingYN: true
- Heating: Natural Gas, Radiator
- Zoning: R-2
- ConstructionMaterials: Stone
- CurrentFinancing: Conventional, Cash
- NumberOfBuildings: 1
- SecurityFeatures: Smoke Detector(s)
- RoadResponsibility: Public Maintained Road
- TotalActualRent: 3925
- NumberOfUnitsTotal: 4.00
- LaundryFeatures: Wash/Dry Hook Up
- RoomKitchenFeatures: Modern
- RoomBathroomFeatures: Modern
- ProfessionalManagementExpense: 240.00
- GardnerExpense: 2100.00
- Cooling: Ceilfan, Wal/WinAC, Some with AC
- ExteriorFeatures: Stone
- MlsStatus: Active
- FuelExpense: 2618.00
- GrossIncome: 44950.00
- InsuranceExpense: 2445.00
- MaintenanceExpense: 5694.00
- NetOperatingIncome: 22542.00
- NewTaxesExpense: 4730.00
- WaterSewerExpense: 4431.00
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$466,100
2% more+$9,322
With Zillow Showcase(estimated)$475,422