$212,500
SOLD APR 1, 2025

121 S 3rd St Lehighton, PA 18235

-- Bed
-- Bath
1,824 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

11% Below List Price

123 Days on Market

Highlights

  • Balcony
  • Ductless Heating Or Cooling System
  • 3-minute walk to Lehighton Boro Park
  • Brick or Stone Mason
  • Heat Pump System

About This Home

As of April 2025

The stateliness of this home gives the feel of a single, but behind that covered porch and landscaped curb appeal sit two apartments for you to make some moneee - over 8% cap rate. This beautifully maintained home is perfect for investors or those looking to live in one unit while renting the other. Each two bedroom unit has recently been painted, an updated kitchen, upgraded heating/cooling and in-unit laundry. It is centrally located with shopping, schools, and hospitals close by.

Last Agent to Sell the Property

Kimberly Rabenold

Gene Durigan Real Estate License #AB068942 Listed on: 10/21/2024

Last Buyer's Agent

Matthew Dunbar

Bear Mountain Real Estate LLC License #RS305005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1890

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 70A10-29-S20

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,740
  • Gross Income $26,700
  • Net Operating Income $20,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,243

Year Built

Built in 1890

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Directions: from PA turnpike exit 74, 209S toward Lehighton, stay in left lane of bypass and take to end where it wraps back onto 1st Street. Right on North Street, left on Third, home on left
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1890
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.05
  • Co List Office Phone: 610-377-4488
  • MLS Status: Closed
  • ResoBuildingAreaSource: Public Records
  • Location Tax and Legal Parcel Number2: 70A10-29-S20
  • Location Tax and Legal School Tax Amount2: 1562.0
  • Location Tax and Legal Tax Annual Amount2: 2242.69
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.05
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling Ductless: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Balcony
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 70A10-29-S20
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2242.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Apr 2, 2025
Sold by
Frey Daniel J and Frey Julie A
Bought by
B & L Pocono Management Group Llc
Seller's Agent
Kimberly Rabenold
Gene Durigan Real Estate
Buyer's Agent
Matthew Dunbar
Bear Mountain Real Estate LLC
List Price
$240,000
Sold Price
$212,500
Premium/Discount to List
-$27,500
-11.46%
Views
76
Current Estimated Value
$211,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$608
Avg. Annual Appreciation
-0.29%

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 23, 2022
Sold by
Tri-State Investors Llc
Bought by
Frey Daniel J and Frey Julie A
Seller's Agent
Christopher George
Keller Williams Real Estate - Northampton Co
Buyer's Agent
Kimberly Rabenold
Gene Durigan Real Estate
List Price
$185,500
Sold Price
$176,000
Premium/Discount to List
-$9,500
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$132,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 19, 2019
Sold by
Hanzarik Ronald C
Bought by
Tri State Investors Llc
Seller's Agent
Kim Hillegass
Towne And Country Real Estate, LLC
Buyer's Agent
Don Wenner
Real of Pennsylvania
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$84,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Deed $212,500 Paramount Abstract
Deed $212,500 Paramount Abstract
Deed $176,000 Paramount Abstract
Deed $105,000 Lighthouse Abstract Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 New Conventional
Previous Owner $84,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $212,500 -7.6% $117 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
11/22/2024 11/22/24 Price Changed $230,000 -4.2% $126 / Sq Ft
10/21/2024 10/21/24 For Sale $240,000 +36.4% $132 / Sq Ft
09/21/2022 09/21/22 Sold $176,000 -5.1% $96 / Sq Ft View Prior Sale
08/19/2022 08/19/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $185,500 +76.7% $102 / Sq Ft
08/19/2019 08/19/19 Sold $105,000 -4.5% $58 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $109,900 -- $60 / Sq Ft
Source: Pocono Mountains Association of 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 $2,361 $29,600 $4,400 $25,200
2024 $2,243 $29,600 $4,400 $25,200
2023 $2,220 $29,600 $4,400 $25,200
2022 $2,220 $29,600 $4,400 $25,200
2021 $2,143 $29,600 $4,400 $25,200
2020 $2,091 $29,600 $4,400 $25,200
2019 $2,002 $29,600 $4,400 $25,200
2018 $1,957 $29,600 $4,400 $25,200
2017 $1,943 $29,600 $4,400 $25,200
2016 -- $29,600 $4,400 $25,200
2015 -- $29,600 $4,400 $25,200
2014 -- $29,600 $4,400 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-119728

Pocono Mountains Association of REALTORS®

APN: 70A10-29-S20

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