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About This Home

This 5-bedroom, 5-bathroom multi-family at 507 Delaware Avenue in Portland Boro, PA is listed for $599,000. Built in 1890, on a 0.08 acres lot.

Agent Description

Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total.

3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall.

new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, .

Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.

Key Features

  • Built in 1890
  • 0.08 acre lot

Property Details

5 full
1890

Amenities

Hardwood

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

507 Delaware Avenue

Portland Boro, PA 18343

Not in Development

Property Details

Flooring

Hardwood

Construction

Frame VinylSiding

Parking

On Street

Heating

Hot Water(Heating)Electric (Heating)Baseboard

Questions & Answers

This 5-bedroom, 5-bathroom multi-family at 507 Delaware Avenue is listed at $599,000. The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.08 acre lot.

This property is listed by Faith Sarisky and can be reached at (610) 452-2722 or faithsarisky@gmail.com.

FS

Faith Sarisky

Agent at Realty Solutions of Pa

(610) 452-2722

Listed by Realty Solutions of Pa · View on Broker Site

MLS# 775996· Source: listhub· Updated 33 days ago

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 Delaware Avenue, Portland Boro, PA 18343

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