507 509 Delaware Avenue Portland, PA 18351
Multi-Family (2-4 Units)
MLS #: 750177
Courtesy Of Realty Solutions of PA
Property InformationDescription
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!
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!
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Heating System: Baseboard, Hot Water
- Lot Size: 0.08 Acres
MAP & DIRECTIONS
School Information
507 509 Delaware Avenue, Portland, PA 18351
Elementary School
Grades KG-2 |
Public School
FIVE POINTS ELEMENTARY SCHOOL
Bangor, PA 18013
363 Five Points Richmond Rd
610.599.7015
Distance: 4.2 mi
Student:Teacher Ratio
37:1
Total Students
570
Elementary School
Grades 3-4 |
Public School
WASHINGTON ELEMENTARY SCHOOL
Bangor, PA 18013
381 Washington Blvd
610.599.7014
Distance: 8.1 mi
School Rating
B-
Student:Teacher Ratio
10:1
Total Students
403
Elementary School
Grades 5-6 |
Public School
DEFRANCO ELEMENTARY SCHOOL
Bangor, PA 18013
267 Five Points Richmond Rd
610.599.7013
Distance: 4.1 mi
School Rating
C+
Student:Teacher Ratio
12:1
Total Students
416
Middle School
Grades 7-8 |
Public School
BANGOR AREA MIDDLE SCHOOL
Bangor, PA 18013
401 Five Points Richmond Rd
610.599.7012
Distance: 4.3 mi
School Rating
B
Student:Teacher Ratio
10:1
Total Students
440
High School
Grades 9-12 |
Public School
BANGOR AREA HIGH SCHOOL
Bangor, PA 18013
187 Five Points Richmond Rd
610.599.7011
Distance: 3.8 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
926
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Knowlton Township Elementary School | 2.8 mi | Public | PK-6 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Portland, PA 18351
| Median Age: | 47.2 |
|---|---|
| Married: | 57% |
| Number of Households: | 12 |
| Households with Children: | 24.2% |
Portland, PA 18351
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
