507 Delaware Avenue
Portland Borough, PA 18351
- 5 beds
- 5 baths
- 4,500 sqft
- 3,541 sqft lot
- $100 per sqft
- 1890 build
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Stunning Turnkey Investment Property in Historic Portland This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established. Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth. Don't miss out—properties like this are rarely listed. Schedule a showing today!
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Last updated May 15, 2025
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MLS# 750177 —
The Building
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Construction Materials:Frame, VinylSiding
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Year Built Details:Unknown
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Year Built:1890
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Number Of Units Total:5
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Building Area:Assessor
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Security Features:SmokeDetectors,FireEscape
Interior
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Stories:2
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Stories Total:2
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Flooring:Carpet, Hardwood
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Living Area:4500.0
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Living Area Source:Assessor
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Laundry Features:WasherHookup
Financial & Terms
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Listing Terms:Cash,Conventional
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Buyer Financing:Conventional
Location
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Longitude:-75.097098
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Latitude:40.923085
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Apartment
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Zoning:B-BUSINESS
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Property Condition:Unknown
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Parcel Number:B11SE3C6 14 0127
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Lot Size Acres:0.081
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Lot Size Area:3541.0
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Lot Size Square Feet:3,541 Sqft
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Lot Size Units:SquareFeet
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (610) 452-2722
- Office phone:
- (610) 452-2722
Taxes
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Tax Annual Amount:$3,935.64
Beds
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Bedrooms Total:5
Baths
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Bathrooms Full:5
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Bathrooms Total:5
Heating & Cooling
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Cooling:WallWindowUnits
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Heating:Baseboard,Electric,HotWater
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Heating:true
Utilities
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Sewer:PublicSewer
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Utilities:CableAvailable
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Water Source:Public
Schools
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Middle School District:Bangor
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High School District:Bangor
The Community
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Subdivision Name:Not In Development
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Senior Community:false
Parking
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Parking Features:OnStreet
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Parking Total:5.0
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Sold | GLVR | $450,000 |
