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Exterior
Bedroom
Other
Entry Way
Living

605 Main St, Hellertown, PA 18055

$1,200,000

•

—
bed
—
bath
9,500
Sqft ($126/Sqft)

Multi-family for sale 8 hours

About 605 Main St

Property type Multi-family

Year built 1889

HOA fee $0/month

Lot size 8,418 Sqft

Movoto estimate

Property description

RARE INVESTMENT OPPORTUNITY – HISTORIC MIXED-USE PROPERTY IN DOWNTOWN HELLERTOWN! Discover this iconic stone property featuring six income-producing units, including five renovated residential apartments and a fully operating restaurant and sports bar. **100% occupied**, this property offers immediate rental income and multiple revenue streams. The first-floor restaurant is secured by a 5-year lease and features a renovated dining area, separate entertainment space with pool table and games, and an outdoor dining patio. An on-site parking lot provides a rare advantage for a Main Street location. All five residential apartments are renovated, fully leased, and generating consistent income. Historic stone construction, excellent visibility, and a desirable downtown location add to the property's long-term investment appeal. Conveniently located near I-78, Bethlehem, Allentown, and major Lehigh Valley destinations. Ideal for investors seeking a stabilized mixed-use asset with commercial and residential rental income. **SALE INCLUDES REAL ESTATE ONLY; RESTAURANT BUSINESS IS NOT INCLUDED. Leased. Showings by appointment only. Contact listing agent for financial information and additional details. Also listed under Investment Properties.

Listed by

Listing Agent - Marine Gabunia

Listing Office - Howard Hanna The Frederick Group

Source: Bright MLS

MLS#PANH2010798 • last updated 12 hours ago

Movoto checked Bright MLS for data 2 minutes ago

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Overview
Cooling/AC	Central A/C, Electric
Heating	Central
Type	Multi-Family
SubType	Other
Status	Active
SqFt	19000
Lot Size (SqFt)	8418
Lot Size (Acres)	0.19
County Tax	1489, Annually
City/ Town Tax	3171
School Tax	7688
Tax: Assessed Value	137900
Annual Property Tax	12349
Year Built	1889
Condition	Excellent
Municipality	HELLERTOWN BORO
New Construction (Y/N)	N
Foreclosure (Y/N)	N

Interior
Basement	Daylight, Partial, Outside Entrance, Walkout Level
Total # of Rooms	6
Appliances	Built-In Microwave, Dryer - Electric, Refrigerator, Washer
Walls/ Ceilings	Brick, Dry Wall, Masonry
Window Features	Double Hung
Interior Features	Additional Stairway
Door Features	Double Entry

Exterior
Roof	Asphalt
Parking Desc	Asphalt Driveway, Driveway, Parking Lot
# Parking Spaces	22
# Parking Lot Spaces	11
# Driveway Spaces	11
Exterior Features	Awning(s)
Existing Structures	Above Grade, Below Grade

Amenities / Utilities
Sewer/ Septic	Public Sewer
Electricity	120/240V
Other Equipment	Negotiable
Pool	No Pool

Location
Water Source	Public
High School	SAUCON VALLEY SENIOR
Elementary School	SAUCON VALLEY
School District	SAUCON VALLEY
Middle School	SAUCON VALLEY
Location	Corner Lot/Unit
Directions	I 78 To Hellertown Exit; Go Left On Main St. Property On The Left.
Zoning	TC, Town Center

Multifamily Details
# Single Room Units	1
# 1-Bedroom Units	4
# 2-Bedroom Units	1
# Units Furnished	None
# Units Month To Month	4
Gross Income	108840
Net Operating Income	78220
Expense: Insurance	13073
Cap Rate	7
Expense: Trash	1600