$750,000

Estimated payment $4,108/month

Total Views 31,941
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Bathtub with Shower
  • Walk-in Shower
  • Corner Lot
  • Brick Front
  • Forced Air Heating System

About This Home

Beautiful buillding built in 1900 as a tavern and a hotel, currently serving as a rooming house consisting of 12 rooms, 4 bathrooms, 3 kitchenettes. There is a 2 room storage area with a half bathroom, which if desired, might be converted to additional rental. Large basement. Gross income is $90,480, net income is $68,691. Cap rate is 9.20%.

Upgrades include new windows, new kitchenetts, roof replaced in 2016 on part of the building, and 2024 roof on other part of the building, newish paint and floors throughout the building. Building is well maintained. Localed in desirable area, close to bus stops, shopping centers, it has all long term tenants carefully selected from multiple applications.

Also for sale under: MLS # PANH2007558 (commerical listing)

Listing Agent

Joseph Hawkins

Hawkins Real Estate Company License #0225271573 Listed on: 04/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1900

Lot Details

  • 5,442 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Stone Foundation
  • Pitched Roof
  • Architectural Shingle Roof
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding
  • Brick Front
  • Cast Iron Plumbing
  • Copper Plumbing

Interior Spaces

  • Ceiling Fan
  • City Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Steam
  • Underground Utilities
  • Above Ground Utilities
  • Single-Phase Power
  • 150 Amp Service
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • 3-Story Building
  • Net Operating Income $68,691

Listing and Financial Details

  • Tax Lot M4SE4D
  • Assessor Parcel Number M4SE4D-10-8-0923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Beautiful buillding built in 1900 as a tavern and a hotel, currently serving as a rooming house consisting of 12 rooms, 4 bathrooms, 3 kitchenettes. There is a 2 room storage area with a half bathroom, which if desired, might be converted to additional rental. Large basement. Gross income is $90,480, net income is $68,691. Cap rate is 9.20%. Upgrades include new windows, new kitchenetts, roof replaced in 2016 on part of the building, and 2024 roof on other part of the building, newish paint and floors throughout the building. Building is well maintained. Localed in desirable area, close to bus stops, shopping centers, it has all long term tenants carefully selected from multiple applications. Also for sale under: MLS # PANH2007558 (commerical listing)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Primary Bath(s)
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Stone
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Brick Front, Cast Iron Plumbing, Copper Plumbing, Vinyl Siding
  • Road Surface Type: Access - On Grade, Paved
  • Roof: Architectural Shingle, Flat, Pitched, Rubber
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 150 Amps, Circuit Breakers, Single Phase
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public

Schools

  • School District: CATASAUQUA AREA
  • School District Key: 300200397043
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 554
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5442.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Total Actual Rent: 90480.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 90480.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10
  • Single Room Units Count: 12

Tax Info

  • Assessor Parcel Number: M4SE4D-10-8-0923
  • Tax Lot: M4SE4D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CATASAUQUA AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $635 $58,800 $11,800 $47,000
2024 $4,904 $58,800 $11,800 $47,000
2023 $4,690 $58,800 $11,800 $47,000
2022 $4,743 $58,800 $11,800 $47,000
2021 $4,899 $58,800 $11,800 $47,000
2020 $5,005 $58,800 $11,800 $47,000
2019 $4,877 $58,800 $11,800 $47,000
2018 $4,732 $58,800 $11,800 $47,000
2017 $4,548 $58,800 $11,800 $47,000
2016 -- $58,800 $11,800 $47,000
2015 -- $58,800 $11,800 $47,000
2014 -- $58,800 $11,800 $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $750,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $130,000 Attorney
Deed $80,000 --
Source: Public Records

Source: Bright MLS

MLS Number: PANH2007612

Bright MLS

APN: M4SE4D-10-8-0923