Jim Bull

Alburtis PA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Alburtis, PA is $243,000. This is higher than the county median home value of $172,000. The national median home value is $231,815. The average price of homes sold in Alburtis, PA is $243,000. Approximately 79% of Alburtis homes are owned, compared to 18% rented, while 3% are vacant. Alburtis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Alburtis real estate agent to arrange a tour today!
Learn more about Alburtis Real Estate.

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General Commercial
Lot size:
0.74 Acres
Year built:
Courtesy: Iron Valley Real Estate of Lehigh Valley
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Great Investment Opportunity in Western Lehigh County 24 units, 16 furnished corporate units, 7 long term corporate apartments, and a commercial unit currently a restaurant and tavern ( paid $20K month rental in 2019) for 15% cap rate. Located in ten minutes for I78 and Pa Turnpike, five minutes S. from Rt. 222 by pass to Alburtis. Located in the largest business distribution complex in the middle Atlantic area. Located in a suburban community, near parks, pool and Bear Creek spa & ski area. Great income property complete updated over the last five years. Tavern did $2.3 M in 2019 and paid $240K rental. With the tavern open still has a current reduced rate of $5K month for tavern this investment still has a 9.46 cap rate. Owner has approval for 4 more units and if you didn't want to operate or lease the tavern out, convert it to five additional rents. As per the video and pictures this is a profitable investment in very good condition. Previews are best on Monday and Tuesdays, but other times can be arranged with the listing agent.

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