Pending
507-509 Delaware Avenue
Portland PA, 18351
$485,000
$107.78 per sqft
Pending
5 Beds
6 Baths
4,500 sqft
Multi-family
Built in 1890
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. Schedule a showing today!
PM-121017
MLSⓇ ID
December 23, 2024
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
6
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.08 Acres
Sewer
Public Sewer
Security
Smoke Detector(s)
School Information
School District
Bangor Area
Other Property Details
Area Name
Portland Borough
Taxes
$3,936
Tax Frequency
Annually
Garage
No
Parking
Off Street
Parking Total
5
View
No
County
Northampton
Water Source
Public
Pool
No
Zoning
Other - See Private Remarks
Listing History
Date | Event | Price |
---|---|---|
1/8/2025 | Pending | — |
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The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bob Kelly - Kelly Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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