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Sold for $450,000 on 02/27/25
  • $450,000

    507-509 Delaware Ave, Portland, PA 18351

    5beds
    4,500sqft
    Multi Family, Apartment
    Built in 1890
    -- sqft lot
    $459,100 Zestimate®
    $100/sqft
    $-- Estimated rent

    What's special

    Stunning Turnkey Investment Property in Historic Portland This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established. Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth. Don't miss out—properties like this are rarely listed. Schedule a showing today!

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2025 at 07:02am

    Listed by:

    Faith Sarisky,

    Realty Solutions of Pa

    Bought with:

    Faith Sarisky, RM424721

    Realty Solutions of Pa

    Source: GLVR,MLS#: 750177MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Electric, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 4,500 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 3,528 sqft
    Details
    • Parcel number: B11SE3C6 14 0127
    • Zoning: B-BUSINESS
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Frame, Vinyl Siding
    Condition
    • Unknown
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Escape
    Location
    • Region: Portland
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $459,100
    2% more+ $9,182
    With Zillow Showcase(estimated)
    $468,282