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Barrington Virgo

bvirgohomes@gmail.com +1(484) 426-3741

$ 550,000

Est. payment -/mo

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Active

507 Delaware AVE Portland Boro, PA 18343

5 Beds

5 Baths

3,528 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Not In Development

MLS Listing ID 775996

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1890

Annual Tax Amount $4,003

Lot Size 3,528 Sqft

Acres 0.081

Property Sub-Type Apartment

Property Description

Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total. 3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall. new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, . Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.

Location

State PA

County Northampton

Area Portland

Direction Rt 611 N to Portland. See building on Delaware Ave across from old gas station

Interior

Heating Baseboard, Electric, Hot Water

Cooling None

Flooring Hardwood

Fireplace No

Laundry Washer Hookup

Exterior

Parking Features On Street

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Bangor

Others

Senior Community No

Tax ID B11SE3C6 14 0127

Security Features Fire Escape

Special Listing Condition None

Listed by Realty Solutions of Pa

Barrington Virgo

Agent | License ID: RS340227

+1(484) 426-3741 | bvirgohomes@gmail.com

Barrington Virgo

507 Delaware AVE Portland Boro, PA 18343

Key Details

Location

Interior

Exterior

Building

Schools

Others

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507 Delaware AVE