Four-Unit Garden-Style
For Sale
$499,000
Pending
825 Sunrise Blvd, Mount Bethel, PA 18343
Apartment property with varied bedroom and bathroom configurations on expansive grounds.
Property Size6,180 SF
Days on Market92
Property Features for 825 Sunrise Blvd
General Information
Standard status
Pending
Size
6,180 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$12,701
Listing Agency:
Weichert Realtors
(610) 252-6666
Listed By:
Wendy A. Totten
(484) 554-9428
Source:
Exprealty
Added: Jul 9
Changed: Oct 2
Last Checked: Oct 7 at 12:27PM
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 Weichert Realtors
Investment Insights
Based on property information with market context.
This 6,180-square-foot garden-style apartment property contains four units arranged across a residential income-producing configuration. Three apartments have two bedrooms, including two with one bathroom and one with two bathrooms. The remaining unit offers three bedrooms and two bathrooms, creating a varied unit mix within the property. The building requires updating and improvements.
Set on over 2.25 acres at 825 Sunrise Blvd in Mount Bethel, Pennsylvania, the property includes off-street parking and a private well and septic system. Its expansive grounds provide a park-like setting and additional outdoor space surrounding the apartment improvements.
Set on over 2.25 acres at 825 Sunrise Blvd in Mount Bethel, Pennsylvania, the property includes off-street parking and a private well and septic system. Its expansive grounds provide a park-like setting and additional outdoor space surrounding the apartment improvements.
Key Highlights
- Four‑unit garden‑style apartment property
- 6,180 square feet on over 2.25 acres
- Unit mix includes three 2‑bedroom apartments and one 3‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,856
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,120
$817.1K
Cap Rate 7%
$583,657
$583.7K
Cap Rate 9%
$453,956
$454.0K
Market Conditions
NOI Build-Up for 6,180 SF
Gross rent
$63.0K $10.20/SF
− Vacancy
−$4.7K −$0.76/SF
EGI
$58.4K $9.44/SF
− OpEx
−$17.5K −$2.83/SF
NOI
$40.9K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,120
Cap Rate 7%
$583,657
Cap Rate 9%
$453,956
Alternative Uses
Best Use
Multifamily LT 5
$583.7K
$510.7K – $680.9K
NOI $40,856 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$537.2K
$470.1K – $626.8K
NOI $37,607 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,051 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 18343, PA
3,819
Population
1,879
Households
2
Avg Household Size
52
Median Age
32%
College-Educated
95%
High-School Grad
20.4 sq mi
ZIP Area
187
Density / Sq Mi
$79,861
Median Household Income
$49,784
Median Earnings
$1,179
Median Rent
$274,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Apartment property with varied bedroom and bathroom configurations on expansive grounds.
Where is this quadplex located?
The property is located at 825 Sunrise Blvd Mount Bethel, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit garden‑style apartment property; 6,180 square feet on over 2.25 acres; Unit mix includes three 2‑bedroom apartments and one 3‑bedroom apartment
