Multifamily For Sale

$799,900

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119 Maggie Way

  • 13 beds
  • 9.5 baths
  • 7,453 sqft
  • ~14 acre lot
  • $107 per sqft
  • 1971 build

14 acre property zoned general commercial in a prime location on Rt 115 in Effort. This property features 5 buildings with 9 apartment units and 4 garage bays. Tenants pay their own utilities. There are 3 wells and 5 septic systems that service the buildings. Two of the units are owner occupied. The gross income does not reflect income from those to units which would net an additional $27K annually. There is approximately 8 acres of usable property not developed where Maggie way dead ends. Check with zoning on the general commercial use restriction for future development. The property is being sold in as-is condition and requires 24-48 notice for qualified buyers only. Contact the listing agent for more information.

GLVR logo Listing courtesy of GLVR / Keller Williams Real Estate

Last checked: Checking… • Last updated Dec 11, 2020 • Source: GLVR

MLS# 648402 —

Amenities & Taxes

The Building

Year Built:
1971
Construction:
Frame
Stories:
1.0
Square Footage:
7,453 Sqft
Square Footage Source:
Tax Records

Financial & Terms

Possible Financing:
Cash, Conventional

Location

Area:
Chestnuthill Twp
Latitude:
40.982836
Longitude:
-75.447104
Cross Street Address
Rt 115

The Property

Property Type:
Investment Property
Property Sub Type:
Investment Property
Property Sub Type Category:
Detached, Resi Lease/Lot
Zoning Code:
GC - COMMERCIAL / GENERAL COMMERCIAL
Lot Size Source:
Tax Records
Lot Square Footage:
611580
Acres:
14.040

Listing Agent

Contact info:

Beds

Bedrooms:
13

Baths

Bathrooms:
10
Full Bathrooms:
9
Half Bathrooms:
1

The Listing

Marketing Remarks:
14 acre property zoned general commercial in a prime location on Rt 115 in Effort. This property features 5 buildings with 9 apartment units and 4 garage bays. Tenants pay their own utilities. There are 3 wells and 5 septic systems that service the buildings. Two of the units are owner occupied. The gross income does not reflect income from those to units which would net an additional $27K annually. There is approximately 8 acres of usable property not developed where Maggie way dead ends. Check with zoning on the general commercial use restriction for future development. The property is being sold in as-is condition and requires 24-48 notice for qualified buyers only. Contact the listing agent for more information.

Heating & Cooling

Heat:
No
Cooling:
Ceiling Fan, No Air, Window AC

Utilities

Water Sewer:
No
Water:
Shared, Well
Gas:
No
Sewer:
Septic
Electric:
360

Schools

School District:
Pleasant Valley

The Community

Subdivision:
Not in Development
Association:
Lehigh Valley MLS

Parking

Parking:
Carport, Garage, Paved Lot, Unpaved Lot
Parking Spaces:
20

Schools

Rating Details
6

Pleasant Valley Middle School

  • Public
  • 7-8
  • 4.5 mi
5

Pleasant Valley High School

  • Public
  • 9-12
  • 4.7 mi
7

Pleasant Valley Intermediate School

  • Public
  • 4-6
  • 4.9 mi
4

Pleasant Valley Elementary School

  • Public
  • K-3
  • 5.0 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

Date Event Source Price % Change
9/12/20
Listed / Active GLVR $799,900

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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119 Maggie Way
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