Leased Residential Income
For Sale
$329,900
4115 Bunker Hill Dr S, Coopersburg, PA 18036
Currently leased with a private patio, full basement, and gas heat and hot water.
Property Size1,730 SF
Price / SF$190.69
Days on Market61
Property Features for 4115 Bunker Hill Dr S
General Information
Standard status
Active
Size
1,730 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Needs some cosmetic updates
Additional Details
HOA Fee
$340
Multifamily Units
1
Amenities
private patio
gas fireplace
second-floor laundry room
full basement
Building Details
Year Built
2010
Listing Agency:
Preferred Properties Plus
Listed By:
Jeffrey D. Torchia · License #SB065687
(610) 282-1333
Source:
Jennysoldmine
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 7 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Preferred Properties Plus
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Investment Insights
Based on property information with market context.
This leased condominium offers 1,730 square feet with an open-concept main level, a walnut kitchen with granite countertops, breakfast bar, and appliances, plus a family room with a gas fireplace. The kitchen opens to a private patio. Upstairs, the primary suite includes a full private bath and two closets, including a walk-in closet. Two additional bedrooms, another full bath, and a second-floor laundry room complete the upper level. A full basement provides storage or room for future customization. Gas heat and hot water serve the home, which requires some cosmetic updating. The property is within the Southern Lehigh School District. The condominium association handles lawn care, exterior maintenance, trash removal, and snow removal.
Key Highlights
- Currently leased condominium with 1,730 SF of living space
- Three bedrooms and two full baths, including a primary suite with private bath
- Walnut kitchen with granite countertops, breakfast bar, and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,106
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,120
$202.1K
Cap Rate 7%
$144,371
$144.4K
Cap Rate 9%
$112,289
$112.3K
Market Conditions
NOI Build-Up for 1,730 SF
Gross rent
$19.9K $11.52/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$18.4K $10.62/SF
− OpEx
−$8.3K −$4.78/SF
NOI
$10.1K $5.84/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,120
Cap Rate 7%
$144,371
Cap Rate 9%
$112,289
Alternative Uses
Best Use
Apartment 5plus
$144.4K
$126.3K – $168.4K
NOI $10,106 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$254.4K
$222.6K – $296.8K
NOI $17,808 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 18036, PA
14,084
Population
6,099
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
29.2 sq mi
ZIP Area
482
Density / Sq Mi
$124,211
Median Household Income
$61,998
Median Earnings
$1,121
Median Rent
$381,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Currently leased with a private patio, full basement, and gas heat and hot water.
Where is this residential income property located?
The property is located at 4115 Bunker Hill Dr S Coopersburg, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Currently leased condominium with 1,730 SF of living space; Three bedrooms and two full baths, including a primary suite with private bath; Walnut kitchen with granite countertops, breakfast bar, and appliances
