659 Broad Street Emmaus, PA $ 3,700,000
659 Broad Street
$ 3,700,000
Recently Listed Adult Community
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659 Broad Street

Emmaus, PA, 18049
$ 3,700,000
Baths0.0 Sq 17,658

Monthly Estimate*

$ 22,782

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Studio

Multi-Family Home for sale in Emmaus, PA

for $3,700,000. This 17,658 square foot home was built in 1922 on a lot size of 0.711.

Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment building. Former assisted living facility on approximately 0.71 acres (±30,971 SF) with a three-story structure originally built in 1922 with a 2004 addition. Approved for 28 residential units / 34 beds (studio, one- and two-bedroom apartments) under the applicable borough overlay and conditional use framework. The property is vacant and mid-construction. Interior demolition, subfloor and framing are largely complete. Electrical demo and temporary service are in place, and major plumbing has been installed. Existing systems include elevator, sprinkler, and smoke control. Major electrical components are included: new pole, custom meter bank, CT box, apartment panels, service cable, and extensive wiring. New flooring for approximately half of the units is included. Damaged windows have been replaced. Burglar system installed and active. Construction manager and trades available to assist. Buyer to complete renovation and stabilization. Emmaus is a supply-constrained Lehigh Valley submarket with limited new multifamily inventory and high barriers to entry. Minutes to I-78, Route 29, and PA Turnpike (476) with access to Allentown and Bethlehem. Plans and approvals available to qualified buyers. Contact listing agent for details and tours.

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Multi-Family Active

Price

$ 3,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 63,052

Style

Lot Size

0.711

Year Built

1922

Town/City

Emmaus

County/Region

Lehigh

MLS | Web ID

772499

Features
General
Sewer Public Sewer
Heating Electric
Cooling Wall Unit(s)
Utilities Cable Available
Zoning R-HO
Security Features Smoke Detector(s)
Construction Materials Brick Frame Other
Year Built 1922
Stories Count 2
Property Subtype Commercial
Gross Income 0
County Lehigh
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions I-78 Exit 55 to PA-29 S (Cedar Crest Blvd). Right on Chestnut St left on Broad St. 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
Tax Annual Amount 63052.07
Electric Expense 0
Fuel Expense 0
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 Commercial
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Interior
Interior Amenities Wired for Data
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Off Street Parking Lot On Street
Water Source Public
Total Parking 31
Lot Size Area 30971
Lot Dimensions 181 x 171
Lot Size Acres 0.711
Lot Size Source Public Records
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* Excluded Features
List By
Sam Del Rosario

Listing Agent

Serhant Pennsylvania Llc

Broker

Affordability Calculator

$28,036
Per Month
81%
19%
0%
Monthly Principal & Interest
$22,782
Monthly Property Taxes
$5,254
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
3/2/2026$3,700,000 Listed Price

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659 Broad Street, Emmaus, PA, 18049 is a Multi-Family Home for sale at $3,700,000 with 17,658 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