NOT LISTED FOR SALE

124 E Broad St Hazleton, PA 18201

Estimated Value: $433,916

-- Bed
-- Bath
5,500 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $300,000 $55 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,880/month

137 Days on Market

About This Home

As of November 2020

Mixed use building for sale in Hazleton with a Cap Rate of 10.9%. Building is fully rented with long term leases and many long term tenants. Two commercial spaces, 3-1 bedrooms apartments, and a large 3 bedroom unit. Property also includes parking lot to the right which is a separate pin number. See attached cash flow for income and expense information! Pre-qualification documents or proof of funds required before viewing. Owner is a licensed real estate agent. Gross Income: 57,080; Net Income: 32,831.06

Last Agent to Sell the Property

Natasha Leap

D-N-A Property Management Co License #RM425404 Listed on: 03/19/2020

Last Buyer's Agent

(Not in neighboring Other MLS Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 43x150

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 5,500 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Basement

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 71T8SW31014006000

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,427
  • Fuel Expense $5,283
  • Insurance Expense $1,716
  • Licenses Expense $100
  • Maintenance Expense $3,754
  • Trash Expense $1,245
  • New Taxes Expense $5,152
  • Operating Expense $24,249
  • Gross Income $57,080
  • Net Operating Income $32,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,652

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: 80 W to exit 162; left off exit; approx 6 miles to left on broad
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 3
  • Year Built: 1970
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.15
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 570-424-8131
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 71T8SW31014006000
  • Location Tax and Legal School Tax Amount2: 2243.59
  • Location Tax and Legal Tax Annual Amount2: 4652.16
  • Location Tax and Legal Zoning Description2: Other
  • General Property Information Stories2: 3
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Dimensions: 43x150
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Cooling:Central Air: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 24248.94
  • Income And Expenses New Taxes Expense: 5152.42
  • Cooling Separate Meters: Yes
  • Income And Expenses Maintenance Expense: 3754.0
  • Income And Expenses Fuel Expense: 5282.55
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Flat
  • Disclosures: Right of First Refusal
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Information:Parking Total: 8.0
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Separate Meters
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Hot Water2: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 43x150
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 71T8SW31014006000
  • Zoning Description: Other

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 4652.16
  • Tax Book Number: 20080005852121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2008
Sold by
Brennan Theresa Milore
Bought by
Gm 385 Llc
Current Estimated Value
$433,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Gm 385 Llc $206,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ja Salas Management Llc $240,000
Open Mg09 Lp $1,375,000
Closed Mg09 Lp $1,700,000
Closed Gm 385 Llc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $300,000 0.0% $55 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $300,000 0.0% $55 / Sq Ft
12/05/2014 12/05/14 Rented $600 0.0% --
12/05/2014 12/05/14 Under Contract -- -- --
10/16/2014 10/16/14 For Rent $600 -4.0% --
03/05/2014 03/05/14 Rented $625 0.0% --
03/04/2014 03/04/14 Under Contract -- -- --
02/03/2014 02/03/14 For Rent $625 +4.2% --
10/28/2013 10/28/13 Rented $600 -4.0% --
10/14/2013 10/14/13 Under Contract -- -- --
08/23/2013 08/23/13 For Rent $625 +19.0% --
10/15/2012 10/15/12 Rented $525 0.0% --
10/09/2012 10/09/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $525 +1.9% --
05/17/2012 05/17/12 Rented $515 -1.9% --
05/11/2012 05/11/12 Under Contract -- -- --
02/14/2012 02/14/12 For Rent $525 -- --
Source: Pocono Mountains Association of 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 $5,797 $201,800 $28,900 $172,900
2024 $5,431 $201,800 $28,900 $172,900
2023 $5,077 $201,800 $28,900 $172,900
2022 $5,040 $201,800 $28,900 $172,900
2021 $4,923 $201,800 $28,900 $172,900
2020 $4,399 $201,800 $28,900 $172,900
2019 $4,539 $201,800 $28,900 $172,900
2018 $4,384 $201,800 $28,900 $172,900
2017 $4,042 $201,800 $28,900 $172,900
2016 $2,874 $201,800 $28,900 $172,900
2015 -- $201,800 $28,900 $172,900
2014 -- $201,800 $28,900 $172,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-76699

Pocono Mountains Association of REALTORS®

APN: 71-T8SW31-014-006-000