Property profile

2173 Brookside Rd Macungie, PA 18062

FOR SALE
Residential income homes
Property ID
US73-0063697
2,572 SF 0.54 ac lot Built 1959
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1959
Construction BRICK
Total area 2,572 SF
Lot 0.54 ac (23,653 SF)
Zoning code S
APN 547498431545-1
UPID US73-0063697

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Construction Company General Contractor

Location

2173 Brookside Rd Macungie, PA 18062
Macungie metro Census 6310 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2007
1 recorded transaction
2007
$240,000

Zoning & alternative use

S · Macungie, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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