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Introducing Chestnut Street Commons - an exceptional investment opportunity located at 2 S. Fourth St, Emmaus, PA 18049. Money Magazine’s top 100 places to live in the US. This property offers a unique blend of convenience, modern amenities, and an ideal location in the heart of Lehigh Valley. With a total of 15 units, Chestnut Street Commons boasts an impressive 14,506 square feet of living space on a .2111-acre lot. The buildings feature a combination of stucco and brick exteriors, while the interiors showcase a mix of stylish finishes and contemporary designs. The prime location of Chestnut Street Commons ensures easy access to all that Lehigh Valley has to offer. Residents will be surrounded by a vibrant community and enjoy proximity to local shops, restaurants, parks, and major transportation routes. Investors will be pleased to know that Chestnut Street Commons is currently fully occupied, providing steady rental income and a solid 7.20% cap rate. With projected financials showing an 8.43% cap rate, this property presents a compelling opportunity for both seasoned investors and newcomers to the market. Don't miss out on this incredible investment option. Contact us now to learn more about Chestnut Street Commons and secure your place in the thriving Lehigh Valley real estate market.PROPERTY FEATURES
Water : Public
Sewer : Public
Water Sewer : 2771
Electric : 1500
Association : Lehigh Valley MLS
Parking Spaces : 2
Parking Features : Paved Lot,Rented
Building Category : Apartment Style,Commercial,Mixed Use
Cooling : Ceiling Fan,Window AC
Construction : Brick,Stucco
TABLE : InvestmentProperty
PROPERTY DETAILS
Street Address: 8 4th Street
City: Emmaus
State: Pennsylvania
Postal Code: 18049
County: Lehigh
MLS Number: 721612
Year Built: 1986
Courtesy of CENTURY 21 Pinnacle
City: Emmaus
State: Pennsylvania
Postal Code: 18049
County: Lehigh
MLS Number: 721612
Year Built: 1986
Courtesy of CENTURY 21 Pinnacle
Courtesy of Main Street Real Estate Partners