Unique Investment Opportunity - 3-unit APT BLDG w/an addt'l parcel containing a 4-bay Mechanics Garage in Mertztown. Owner occupies Unit#1 which consists of 2 BRs, 1 BA. Unit #2 is occupied & consists of 3 BRs, 1 BA. Unit #3 also occupied has 2 BRs, 1 BA. Units are spacious w/separate utilities. There is also a 3rd flr that could easily be finished into1 or possibly 2 more APT units w/approvals. Property could use some cosmetic upgrades but has potential to build on an already income producing property w/an addt'l attached parcel that contains a 4-bay mechanics garage for additional income or possibly a live-in business possibility. Addt'l features of the garage include 2 hydraulic lifts, 18 foot doors to allow work for heavy trucks, addt'l 500 SF space for motor work & an office for customers. Property could have 20 cars for sale on front and side of the property. The rear of the property could hold addt'l cars either for back lot or scrap cars for used auto parts.
Based on the average sale price from the Allentown, PA office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
312 Chestnut Street Mertztown, PA is a Single Family Home for sale at $350000 and a lot size of 1.33 Acres Acre(s). 312 Chestnut Street Mertztown has 0 bedrooms, 0 baths and was built in 1849. The property's zip code is 19539 which is in Mertztown, PA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.