NEW 830 Chestnut ST, A-TOWN, 3 UNIT, NEXT TO PPL 

35,400 GROSS, 28,553 NET INCOME, 13.6% CAP calculated with 180K purchase price PLUS 40K in renovations needed to bring the property into the condition required to operate with the projections stated as; 1st FL 975/MO, 2nd FL 980/MO, 3rd FL 995/MO.  Full disclosure, this property needs a fire escape, which we negotiated from 25K to 10K for you.  Also, to yield the rents, this property will need a healthy renovation and was slated to be an AirBNB for $125.00/night and $200.00 on game nights/weekends. Owner pays trash, electric, water, insurance and taxes, which are $2,046.59. 1st floor currently occupied, second and third floor require fire escape and 90% of the previous CO has been completed.  We have a ton of due diligence on this and this project requires someone who will take the risk of renovating this property, putting in the escape, and aggressively marketing the property for a strong tenant. On the flip side, you can go through that process and flip the property for a healthy profit.  I would highly suggest going the AirBNB route as there are many investors creating massive cashflow with this concept when within walking distance of the PPL Center.

COMMERCIAL TOUR AVAILABLE TUESDAY, SEPTEMBER 3rd, from 6 - 7PM.  180K OBO by 8:00PM on SEPTEMBER 3rd.  Property sold "as is," "where is," with BUYER assuming CO requirements. MUST PURCHASE IN CASH and MUST CLOSE WITHIN 30 days.  

NEW 7-Bldg Lehigh Univ. Housing Portfolio, Bethlehem 3.465MM

Rare opportunity to purchase a turnkey, Lehigh University off campus housing portfolio. Consists of 7 properties, 5 Beds each property, selling only as a package. All buildings have Clear CO’s. Currently renting for 2021-2022 Year. 

NEW 7-Bldg Student Housing Portfolio, Bethlehem 3.850MM

CONFIDENTIAL LISTING: Rare opportunity to purchase a turnkey, Lehigh University Student Housing Portfolio. 7-Property Portfolio, selling only as a package. 35 Beds (all 7 buildings consist of 5 bedrooms and 2 bathrooms). All buildings have Clear CO’s. Leased through May 2021. Gross Income for 2020-2021 Year is $323,700. Currently renting for 2021-2022 Year. 

NEW Bethlehem - 10,000+ Square Foot Commercial Property 2.475MM

3464 Linden St.

No expenses were spared with this 10,000+ SF flex use property on Linden Street in Bethlehem. You will not be able to find a better designed and constructed commercial building currently in the Lehigh Valley. The retail space has custom millwork and cabinetry throughout along with a gas fireplace. There is an elevator that accesses the second-floor offices. The roof was designed with custom-built roof trusses for additional storage. The property sits on 2 acres on high volume route 191 in Bethlehem for maximum retail exposure. BONUS - there is over an acre of buildable land and you can build the same buildings twice or put a strip mall in (zoning applies)

Exclusive James Reardon Listing - 484-866-2495 

Coming Soon 10% CAP

3629 E. Columbia

To be released in the next newsletter. 

NEW Easton property Single Family Home

765 Klein Rd.

$24,000 Gross, $18,000 NET, 8.3% CAP @ Asking. Modern amenities meet old world charm in this gorgeous 1430SF+, 4BR, 2BA, completely remodeled single family renovated farmhouse featuring a 1st-fl master bedroom w/ large walk-in closet, brand new carpeting, & well-appointed tiled en-suite master bathroom. Plentiful windows draw you into the cozy, light-filled family room w/ new resilient laminate wood flooring, seamlessly flowing into the eat-in kitchen, which boasts impeccable white shaker cabinets, granite countertops, center island w/ breakfast bar & brand new stainless steel appliances & farmhouse sink. A spacious mudroom completes the 1st fl. The 2nd fl features three additional bedrooms w/ new carpeting & an additional freshly remodeled tile bathroom. The large yard framed w/ mature trees is perfect for enjoying breezy summer nights & fall foliage. Fresh paint throughout. ALL NEW: roof w/ warranty, water heater, 200 amp electrical box, wiring & plumbing throughout. Newer windows.

175+ BED - Student Housing Kutztown, PA

NEW Northampton 4 Units - Class A Property, No Value Add, Absolutely Best In Class

1915 Main St

4 Units, Fully Occupied, $49,596 Gross, $39,678.58 Net with a 7.97% Cap Rate at $497,500 Asking Price.  Fantastic fully occupied, turn-key property.  You will be purchasing 4 great units within walking distance to the heart of Northampton and transportation stations.  This property also has the added rents, for storage units & coin laundry.

Easton 3 Unit Medical Office with Lehigh Valley Network Anchor Tenants

2001 Fairview, Easton, PA - $225,000 Gross with triple net leases equaling an 11.9% Cap Rate at $1.89MM Asking Price.  Prime location, across from Easton Hospital on .73 acres with 14,552 sq ft of rentable space. 2 units are currently rented to long term doctors at $16/SF with triple net leases covering significant expenses.  

NEW 542 W. Walnut St. Allentown, across from PPL Center

$60,000 Gross, $57,790 NET, 10.5% CAP @ 499K asking. GREAT INVESTMENT OPPORTUNITY! ALL 5 UNITS ARE FULLY RENTED, ALL UNITS ARE LARGE ONE BEDROOMS. OWNERS PAYS, TAXES, INSURANCE, HALLWAY ELECTRIC AND WATER. CONVENIENT LOCATION, RIGHT BY HAMILTON ST, SHOPPING, POST OFFICE, COURTS, OWNER ONLY PAYS WATER, TAXES AND INSURANCE. 

NEW Allentown 20 Unit Portfolio.

230K GROSS, 155K NET, 10.3% CAP @ 1.5MM ASKING

Grow your property portfolio with this 20 unit sale in Allentown.

Contact James Reardon

Call 484-866-2495

Email j.r@thetgteam.com

NEW Whitehall 7 Units - Class A Property, No Value Add, Absolutely Best In Class

2102 S Lehigh

7 Units, Fully Occupied, $79,800 Gross, $66,685.90 Net with a 7.95% Cap Rate at $838,600 Asking Price.  Very well maintained units this is truly a turn-key situation between the rents for the apartments & storage units you will be turning a profit day one.  

NEW 2 Profitable Cattasaqua Bar/Restaurants with Liquor License

2 BUILDING, 2 RESTAURANTS, massive traffic count and extremely established landmark restaurant open for nearly 20 years available for sale
Restaurant and lounge with fully equipped kitchen.
• burner stove
• pizza oven
• fryer
• flat top
• steam table
• food warmer

NEW Palmerton Bar and Restaurant

Popular Brew Pub and Restaurant with on-site parking located in a highly-populated area. Sale includes Real Estate, Furniture, Fixtures, Equipment, Brewery License (Liquor License) & Goodwill.
The main level of the restaurant/pub seats approximately 50 patrons.

A popular, well-known restaurant in a prominent location and up-and-coming area. Liquor license included in this price! There is a ton of potential with this spacious establishment which features banquet/private party facilities. Cozy yet very nice size bar on the main floor with multiple distinct dining areas. In addition to the liquor license, assets, equipment, name, goodwill and all are included in this turn-key operation ready for your finishing touches.

15 Units (5 COMM & 10 RES) @ Traffic Light, Emmaus

Three buildings catty-corner together in Emmaus $189k Gross, $155,180 Net with a 9.4% Cap Rate at $1,650,000 Asking Price.  Fully occupied, long leases with low rents that can easily be increased to bring raise cap rate significantly.  Owner is highly motivated.  

PRIVATE SHOWING FOR PRE-QUALIFIED BUYERS, contact The Tejas Gosai Team below. 

Laundromat Business & Building - Allentown

Bethlehem Single Family Home

3177 Rachel Dr. Bethlehem, Pa.

Recently renovated, Impeccably maintained, 3BR, 2.5 BA END UNIT townhome situated on a quiet cul-de-sac in Bethlehem Township. 1st floor features an open layout, towering vaulted ceiling w/ skylight plus a unique bay window, 9 ft ceilings & gleaming oak hardwood flooring. Beautiful kitchen including, custom cabinetry, brand new stainless steel suite (installed for sale), and double bowl sink with recessed lighting and tray ceiling. Dining room w/ tile flooring & vast living room with hard wood floors & sliding glass doors out to the backyard oasis and spacious deck. Upstairs you'll find 3 large bedrooms, loft suitable as a library, and 2 full baths w/ tile floors & walls. Master BR includes walk-in closet & a full bath. Full basement with high ceilings. 1 car finished garage w/ plenty of storage & insulated door. Nice wood deck, full basement for storage, 1st floor laundry..

OPEN HOUSE SUNDAY, AUGUST 25TH 1-3PM

Click here for additional information

2 Units in Allentown

301 N 2nd St 

$14k NET 10% Cap Rate at $140k Asking Price.  Fully occupied, turnkey, cash-flowing 2-unit multifamily. 

3 Units in Easton

701 Wood Ave

$30k Gross $22k Net 9.7% Cap Rate at $225k Asking Price.  Fully occupied, turnkey, cash-flowing 3-unit multifamily. 

Off-market medical office in the Philly Naval Yards.  It is 100% leased by 5 doctors who all PG'd the leases which all NNN and all have 10+ years remaining.  The building is 33k SF.  NOI is $995k Leases all have 3% annual increases.  Asking Price is $14.85M.