115 E Ruddle St Coaldale, PA 18218
Estimated payment $2,120/month
About This Home
FULL OCCUPIED 5-unit! Unique opportunity in Coaldale Borough with low taxes for an investment property. The building consists of two 2-bedroom apartments, two studios, and one 1-bedroom apartment. There is a one-car off-street parking spot. The owner has been in the process of turning utilities over to the tenants in phases. Units 3 and 4 pay all their own utilities. Landlord pays:
- water, sewer, trash for Unit 1 and 5
- water, sewer, trash for Unit 2
- Units 3 and 4 pay all their own utilities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,329
Year Built
- Built in 1925
Home Design
- Vinyl Siding
Interior Spaces
- 3,072 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Utilities
- Heating Available
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $9,600
- Gardener Expense $500
- Insurance Expense $3,219
- Water Sewer Expense $1,600
- Operating Expense $18,197
- Gross Income $51,060
- Net Operating Income $32,863
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,287 | $20,085 | $3,750 | $16,335 |
| 2024 | $2,177 | $20,085 | $3,750 | $16,335 |
| 2023 | $2,166 | $20,085 | $3,750 | $16,335 |
| 2022 | $2,141 | $20,085 | $3,750 | $16,335 |
| 2021 | $2,143 | $20,085 | $3,750 | $16,335 |
| 2020 | $2,055 | $20,085 | $3,750 | $16,335 |
| 2018 | $1,921 | $20,085 | $3,750 | $16,335 |
| 2017 | $1,878 | $20,085 | $3,750 | $16,335 |
| 2015 | -- | $20,085 | $3,750 | $16,335 |
| 2011 | -- | $20,085 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/09/2026 02/09/26 | For Sale | $375,000 | +50.0% | $122 / Sq Ft | |
| 07/10/2024 07/10/24 | Sold | $250,000 | 0.0% | $81 / Sq Ft | View Prior Sale |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- | |
| 04/28/2024 04/28/24 | For Sale | $250,000 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $250,000 | Steel Abstract | |
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Credit Line Revolving |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 771560
APN: 40-02-0260.000
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Ask me questions while you tour the home.