NOT LISTED FOR SALE
-- Bed
8 Baths
8,352 Sq Ft
3,920 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $932,000 $112 Per Sq Ft

11 Days on Market

About This Home

As of February 2022

HIGHEST AND BEST BY FRIDAY DEC 17TH. Prime investment opportunity in the heart of Bethlehem! Fully occupied 8 unit, with six units recently renovated. Tenants pay electric (heat) and landlord pays water/sewer and trash. Check out the $100,740 gross income, that can easily be increased to $105,540 with minimal effort. Easy access to Bethlehem entertainment, shopping, dining, local transportation and Lehigh University.

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 12/09/2021

Real of Pennsylvania

Co-Listed By

John Pohl

Real of Pennsylvania

Last Buyer's Agent

Melissa Flowers

Compass Pennsylvania LLC

Compass Pennsylvania LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,768

Year Built

  • Built in 1920

Lot Details

  • 3,920

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco Exterior Insulation and Finish Systems

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number P6SE2B 9 1 0204

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $408
  • Trash Expense $1,302
  • Water Sewer Expense $3,534
  • Gross Income $100,740

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,768

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 76300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick, Dryvit, Frame, Stucco

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 408
  • Trash Removal: 1302
  • Water Sewer: 3534

Lot Info

  • Zoning Code: Rm-RESIDENTIAL

Tax Info

  • Assessor Parcel Number: P6SE2B 9 1 0204
  • County Taxes: 900.34
  • Municipal Taxes: 1460.38
  • Total Taxes: 6767.81

Multi Family

  • School Taxes: 4407.09
  • Total Units: 8
  • Total Unit Count: 8

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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 List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $932,000 +3.7% $112 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $899,000 -- $108 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $824 $76,300 $15,200 $61,100
2024 $6,744 $76,300 $15,200 $61,100
2023 $6,744 $76,300 $15,200 $61,100
2022 $6,692 $76,300 $15,200 $61,100
2021 $6,646 $76,300 $15,200 $61,100
2020 $6,583 $76,300 $15,200 $61,100
2019 $6,561 $76,300 $15,200 $61,100
2018 $6,402 $76,300 $15,200 $61,100
2017 $6,325 $76,300 $15,200 $61,100
2016 -- $76,300 $15,200 $61,100
2015 -- $76,300 $15,200 $61,100
2014 -- $76,300 $15,200 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 684228

Greater Lehigh Valley REALTORS®