NOT LISTED FOR SALE
12 Beds
6 Baths
4,710 Sq Ft
2,222 Sq Ft

Last Sold July 06, 2020

Last sale price $495,000 $105 Per Sq Ft

75 Days on Market

About This Home

As of July 2020

Fantastic investment opportunity in the up and coming South Bethlehem area. With the expansion of the Wind Creek Casino and potential resort imagine the possibilities! Only a few walkable blocks from the casino, shops and restaurants. The units in this building are completely modern with laundry in the basement for the tenants. Tenants pay their own electric, water & heat! Each unit has it's own individual meter! Rental inspections recently completed by the City of Bethlehem and all passing. This is as turnkey an investment as you can get! All units are rented!-UPDATE 1/18/2020: Multiple offers up to list price received. Showings curtailed until winning bid selected.

Last Agent to Sell the Property

Robert Dandi

RE/MAX Central - Center Valley Listed on: 11/06/2019

RE/MAX Central - Center Valley

Last Buyer's Agent

Andrew Ginsburg

BHHS Regency Real Estate License #RS334984

BHHS Regency Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,462

Year Built

  • Built in 1900

Lot Details

  • 2,205 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 4,710 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number P6SE2B 7 32 0204

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $2,295
  • Maintenance Expense $4,365
  • Trash Expense $1,200
  • Water Sewer Expense $500
  • Operating Expense $1,500
  • Gross Income $45,000
  • Net Operating Income $35,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,462

Year Built

Built in 1900

Lot Details

2,205 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • County Assessment: 61800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 12
  • Square Footage: 4710

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Electric, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Insurance: 2295
  • Trash Removal: 1200
  • Water Sewer: 500

Condo/Co-op/Association

  • Maintenance Repair: 4365

Fee Information

  • Operating Expense: 1500

Lot Info

  • Acres: 0.051
  • Lot Sq Ft: 2205
  • Zoning Code: RM-RESIDENTIAL

Tax Info

  • Assessor Parcel Number: P6SE2B 7 32 0204
  • County Taxes: 667.44
  • Municipal Taxes: 1182.85
  • Total Taxes: 5462.50

Multi Family

  • School Taxes: 3612.21
  • Total Units: 6
  • Total Unit Count: 6
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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
07/06/2020 07/06/20 Sold $495,000 0.0% $105 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $495,000 -- $105 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $667 $61,800 $13,200 $48,600
2024 $5,463 $61,800 $13,200 $48,600
2023 $5,463 $61,800 $13,200 $48,600
2022 $5,420 $61,800 $13,200 $48,600
2021 $5,383 $61,800 $13,200 $48,600
2020 $5,332 $61,800 $13,200 $48,600
2019 $5,314 $61,800 $13,200 $48,600
2018 $5,185 $61,800 $13,200 $48,600
2017 $5,123 $61,800 $13,200 $48,600
2016 -- $61,800 $13,200 $48,600
2015 -- $61,800 $13,200 $48,600
2014 -- $61,800 $13,200 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 628474

Greater Lehigh Valley REALTORS®
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