2173 Brookside Rd Macungie, PA 18062
- Residential income homes
- 2,572 SF
- 0.54 lot acres
Current Use by Public Records
- Angelis twenty boutiques / Boutique
- Flaherty Bros Construction LLC. / General Contractor
Property Details for 2173 Brookside Rd
- Year built
- 1959
- Construction
- BRICK
- Lot size
- 0.54 lot acres
- Property size
- 2,572 SF
- Zone code
- S
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 547498431545-1
- APU
- 5474984315451
Description
This exceptional multifamily property, located at 2173 Brookside Road in Lower Macungie Township, PA 18062, presents a compelling investment opportunity. Built in 1959, this two-unit building sits on a generous 22,155 square foot lot and is zoned S-Suburban. The property boasts a detached garage, currently leased for $400 per month, adding to the overall income stream. The first-floor unit offers four bedrooms and two bathrooms, while the second-floor unit features three bedrooms and one bathroom. Currently, one unit is rented, providing immediate cash flow. The asking price is $465,000, representing a price per unit of $232,500. This property is ideally situated across from Lehigh Creek in the desirable East Penn School District, offering convenient access to Hamilton Boulevard and other local amenities. The substantial lot size and existing rental income make this an attractive prospect for owner-occupants seeking additional income or investors looking for a strong return. The property's location and features combine to create a promising investment opportunity in a sought-after area. Further financial details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $305,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $305,000
- Mixed-Use
- $375,000
- Hospitality
- $295,000
- Educational
- $315,000
- Residential Income
- $360,000
- Energy
- $305,000
- Income-Based Land
- $340,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Macungie
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.5516
- Latitude
- 40.5432
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA