Listing Agency: eXp Commercial Show Phone

Listed By: James Reardon · License #PA RS337438

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 1:11PM

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Investment Insights

Based on property information with market context.

This for-sale development property consists of a main house and a carriage house. The main house is approved for six residential units and includes a two-room commercial unit on the first floor, along with additional first-floor residential space featuring two bedrooms, a full bath, and access to the side porch. The second floor will contain two one-bedroom apartments, and the third floor layout includes a kitchen level and two bedrooms. A daylight, full basement is planned as a one-bedroom apartment. The carriage house remains onsite and is currently occupied; it will require cosmetic work, while renovation work is needed in the front house.

Plans and approvals are reported as complete, and engineering reports are also reported as completed, with some of the demo already completed. The property is located at 12 N Main St in Alburtis, Pennsylvania, just south of Macungie, in the Lehigh Valley area.

The project is described as positioned for completion by taking over the existing approvals and work-in-progress.

Key Highlights

• Plans are 100% approved for a development property with 6 residential units plus 1 commercial unit in Alburtis, PA.
• All engineering reports and approvals are completed; some demo work has already been done, ready for the next phase.
• Main house is approved for 6 residential units, with unit configuration including a 2‑room commercial space on the first floor and multiple residential units across floors.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

Explore this area Business Placement

Demographics for 18011, PA

5,859

Population

2,185

Households

2.7

Avg Household Size

40

Median Age

38%

College-Educated

95%

High-School Grad

17.1 sq mi

ZIP Area

343

Density / Sq Mi

$104,144

Median Household Income

$53,507

Median Earnings

$1,780

Median Rent

$279,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Development property approved for six residential units plus one commercial unit, with a carriage house currently occupied.

Where is this apartment building located?

The property is located at 12 N Main St Alburtis, PA.

What are key features of this property?

This property features: Plans are 100% approved for a development property with 6 residential units plus 1 commercial unit in Alburtis, PA.; All engineering reports and approvals are completed; some demo work has already been done, ready for the next phase.; Main house is approved for 6 residential units, with unit configuration including a 2‑room commercial space on the first floor and multiple residential units across floors.