659 Broad Street Emmaus, PA $ 3,600,000
659 Broad Street
$ 3,600,000
Adult Community
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659 Broad Street

Emmaus, PA, 18049
$ 3,600,000
Baths0.0 Sq 22,718

Monthly Estimate*

$ 22,166

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Studio

Multi-Family Home for sale in Emmaus, PA

for $3,600,000. This 22,718 square foot home was built in 1922 on a lot size of 0.711.

Your next great investment is here. This 28 unit, 55+ apartment building is a fantastic opportunity for a savvy investor. The heavy lifting is done. Drawings are complete, approvals are secured, demo and framing are done, custom meter bank and major electrical equipment is onsite, major plumbing is in place, sprinkler system only needs minor modifications, main smoke system is in place and ready for new endpoints, quotes for electrical, hvac, etc have been provided, and the property is ready for the fit out. The architectural and engineering designs are stamped and approved and the project manager and crew are available to stay on if desired. This is a green lit, streamlined project and a high-yield investment. The cost to complete is under $1.5 million which will leave $1 million plus in equity upon completion and a healthy cash flow. Don't miss your chance to finish this amazing project. Call for a private showing and detailed information.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 62,702

Style

Lot Size

0.711

Year Built

1922

Town/City

Emmaus

County/Region

Lehigh

MLS | Web ID

764996

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Zoning R-HO-HIGH DENSITY RESIDEN
Construction Materials Frame
Year Built 1922
Stories Count 3
Property Subtype Apartment
Gross Income 534600
County Lehigh
Net Operating Income 402530
Operating Expense 132071
Insurance Expense 11500
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions I78 to Lehigh St into Emmaus. Left on W 3rd to Right on Broad for .8 miles to property on right.
City Emmaus Boro
Senior Community Y/N true
High School District East Penn
Number Of Units Total 28
MLS Area Emmaus
Lot Size Units Square Feet
Lot Size Square Feet 30971
Year Built Details Under Construction
Tax Annual Amount 62702.61
Electric Expense 3000
Fuel Expense 0
Property Condition Under Construction
Water Sewer Expense 0
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District East Penn
Elementary School District East Penn
Tax Assessed Value 1738600
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 30
Lot Size Area 30971
Lot Dimensions 192 x 186
Lot Size Acres 0.711
Lot Size Source Public Records
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* Excluded Features
List By
Michael Dorney

Listing Agent

Weichert Realtors

Broker

Bethlehem

Office

Affordability Calculator

$27,391
Per Month
81%
19%
0%
Monthly Principal & Interest
$22,166
Monthly Property Taxes
$5,225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4087471 Elementary School
4087296 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$3,600,000 -2.70% Price Down
9/23/2025$3,700,000 Listed Price

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659 Broad Street, Emmaus, PA, 18049 is a Multi-Family Home for sale at $3,600,000 with 22,718 sqft and a lot size of 0.711. 659 Broad Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 18049 which is in Emmaus, PA