NOT LISTED FOR SALE

1059 Main St Northampton, PA 18067

12 Beds
12 Baths
12,690 Sq Ft
5,100 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $1,350,000 $106 Per Sq Ft

25 Days on Market

About This Home

As of July 2023

Fully Occupied 12 unit building. All units are 1 bedrooms. All utilities are paid by the tenants and separated. Water is sub-metered. Trash is paid in monthly installments by each tenant. Huge basement with the opportunity to add coin operated laundry or storage units. All leases are 1yr and have renewals of 5% built in. All deposits will be transferred with the sale. There is upside on the rent. All tenants park in the public parking lot across the street at Turkey Hill.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 05/21/2023

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty Listed on: 05/21/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,889

Year Built

  • Built in 1890

Lot Details

  • 5,100 Sq Ft Lot

Home Design

  • 12,690 Sq Ft Home
  • Brick Exterior Construction
  • Stucco Exterior

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M4NW2D 6 2 0522

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $1,661
  • Insurance Expense $6,700
  • Maintenance Expense $5,921
  • Manager Expense $10,362
  • Operating Expense $34,433
  • Gross Income $140,622
  • Net Operating Income $106,189

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,889

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 112500.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 12
  • Full Bathrooms: 12
  • Bedrooms: 12
  • Square Footage: 12690

Exterior Features

  • Construction: Brick, Stucco

Utilities

  • Cooling: Wall AC, Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1661
  • Insurance: 6700

Condo/Co-op/Association

  • Lawn Snow Removal: 900
  • Maintenance Repair: 5921
  • Management: 10362

Fee Information

  • Operating Expense: 34433

Schools

  • School District: Northampton

Lot Info

  • Acres: 0.117
  • Lot Sq Ft: 5100
  • Zoning Code: C-1-COMMERCIAL TRANSITION

Tax Info

  • Assessor Parcel Number: M4NW2D 6 2 0522
  • County Taxes: 1215.00
  • Municipal Taxes: 1406.25
  • Total Taxes: 8888.63

Multi Family

  • School Taxes: 6267.38
  • Total Units: 12
  • Total Unit Count: 12

MLS Schools

  • School District: Northampton

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,350,000 -3.2% $106 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/10/2023 06/10/23 Price Changed $1,395,000 -6.7% $110 / Sq Ft
05/21/2023 05/21/23 For Sale $1,495,000 +81.2% $118 / Sq Ft
03/29/2018 03/29/18 Sold $825,000 -5.7% $65 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $875,000 +16.7% $69 / Sq Ft
12/27/2013 12/27/13 Sold $750,000 -5.8% $79 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $795,900 -- $84 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2023

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    5 in this area

    438 Total Sales

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  • William Safranek

    Seller's Agent in 2018

    William Safranek

    EXP Realty LLC

    (610) 248-9562

    1 in this area

    167 Total Sales

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  • Mike Bertalan

    Seller Co-Listing Agent in 2018

    Mike Bertalan

    Weichert Realtors

    (484) 456-6603

    1 in this area

    111 Total Sales

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  • Justino Arroyo

    Buyer's Agent in 2018

    Justino Arroyo

    Journey Home Real Estate

    (610) 844-2693

    8 in this area

    260 Total Sales

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  • Mark Smith

    Seller's Agent in 2013

    Mark Smith

    Hawthorne Real Estate

    (610) 509-1550

    12 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Steve Warner

    HowardHanna TheFrederickGroup

    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 717437

Greater Lehigh Valley REALTORS®

APN: M4NW2D 6 2 0522

Pennsylvania Northampton County Northampton 18067

1059 Main St, Northampton, PA

This home is located at 1059 Main St, Northampton, PA 18067 since 21 May 2023. This property was built in 1890. 1059 Main St is a home located in Northampton County with nearby schools including Colonel John Siegfried Elementary School, Northampton Area Middle School, and Northampton Area High School.

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