Description
Distinctive Investment Opportunity | Multifamily Residence with Additional Development Parcel An exceptional opportunity to acquire a versatile real estate offering that combines the timeless character of an established two-unit multifamily residence with the added potential of a separate development parcel. Whether expanding an investment portfolio, exploring future development, or seeking a primary residence with supplemental rental income potential, this unique offering presents an array of possibilities. The existing multifamily property features two side-by-side residential units situated on a single deed, each with separate utilities. The property's configuration offers flexibility for investors and prospective owner-occupants alike. 310 features four bedrooms, 1.5 bathrooms, beautiful wood flooring, ornate woodwork, and distinctive architectural details that reflect the home's enduring charm and character. Additional amenities include mini-split systems, oil forced-air heating, rear parking, and interior access to a one-car garage. 312 offers two bedrooms and one full bathroom, complemented by generously sized living and dining areas with nine-foot ceilings, and a spacious kitchen. Gas hot-water heating completes this inviting residence. Further enhancing this exceptional offering is 313 S. Green Street, a separate parcel in the rear of the property. Preliminary conceptual drawings illustrating a potential duplex development are available for review, providing prospective buyers with a vision of the property's future possibilities. This additional parcel presents an intriguing opportunity to explore new construction, subject to applicable zoning requirements and municipal approvals. Important Property Information: The existing multifamily residence at 310 & 312 S. Main Street is situated on one deed and cannot be conveyed as individual units in its current configuration. All properties, including 313 S. Green Street, are being offered together as a single investment package. Preliminary development drawings are conceptual only and do not constitute approved building plans. Buyers are encouraged to independently verify zoning, permitted uses, development feasibility, and all required municipal approvals with the Borough.
Details
| MLS # | PANH2010936 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 11 |
| Listing Provided By | Lusk & Associates Sotheby's International Realty | Ericka Kirkpatrick |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,317 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R5 |
| Acreage | 0.16 |
Interior
| Cooling | Ductless/Mini-Split, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Galley, Pantry, Wood Floors, Kitchen - Eat-In, Floor Plan - Traditional, Bathroom - Tub Shower, Additional Stairway |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable TV, Phone, Natural Gas Available, Sewer Available, Water Available, Electric Available |
|---|
Taxes
| Tax Annual Amount | 5859 |
|---|
Area Information
| State | PA |
|---|---|
| County | NORTHAMPTON PA |
| City | NAZARETH |
| Zip Code | 18064 |
| Area | Nazareth Boro (12421) |
| Community Name | NONE AVAIBLE |
| School District | NAZARETH AREA |
| Listing VS Median (in NONE AVAIBLE) | |
Price: $439,000 low | high Med: $439,000 sqft: 3,317 low | high Med: 3,317 $ / sqft: $132 low | high Med: $132 On site: 11 low | high Med: 11 | |
Market Activity 18064
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Learn More About This Property
| State | PA |
|---|---|
| County | NORTHAMPTON PA |
| City | NAZARETH |
| Zip Code | 18064 |
| Area | Nazareth Boro (12421) |
| Community Name | NONE AVAIBLE |
| School District | NAZARETH AREA |
| Listing VS Median (in NONE AVAIBLE) | |
Price: $439,000 low | high Med: $439,000 sqft: 3,317 low | high Med: 3,317 $ / sqft: $132 low | high Med: $132 On site: 11 low | high Med: 11 | |
