NOT LISTED FOR SALE
13 Beds
5 Baths
4,535 Sq Ft
0.9 Acres

Last Sold September 14, 2021

Last sale price $575,000 $127 Per Sq Ft

11 Days on Market

Highlights

  • 0.9 Acre Lot
  • Baseboard Heating
  • 5 Car Garage
  • Southern Lehigh High School Rated A-

About This Home

As of September 2021

Cash flowing FULLY OCCUPIED 5 unit for sale in Coopersburg. Tenants pay gas and electric. Each unit has it's own parking space and there is an additional garage that is rented out. Units are in great condition, but there is still plenty of value add to this property.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 05/21/2021

Co-Listed By

Keith Takacs

Ignite Realty Group

Last Buyer's Agent

Melissa Flowers

Compass Pennsylvania LLC

Compass Pennsylvania LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,783

Year Built

  • Built in 1875

Lot Details

  • 0.9 Acre Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,535 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Car Garage
  • Carport

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 642348365188001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $459
  • Insurance Expense $1,661
  • Water Sewer Expense $5,312
  • Operating Expense $17,408
  • Gross Income $69,780
  • Net Operating Income $52,372

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,783

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex
  • County Assessment: 298100.00
  • Stories: 1.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1875
  • Special Features: None

Interior Features

  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 13
  • Square Footage: 4535

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Carport, Garage, Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 459
  • Insurance: 1661
  • Water Sewer: 5312

Condo/Co-op/Association

  • Lawn Snow Removal: 2340

Fee Information

  • Operating Expense: 17408

Schools

  • School District: Southern Lehigh

Lot Info

  • Acres: 0.900
  • Lot Sq Ft: 39204
  • Zoning Code: C1-LIGHT COMMERCIAL

Tax Info

  • Assessor Parcel Number: 642348365188001
  • County Taxes: 1126.82
  • Municipal Taxes: 1609.74
  • Total Taxes: 7783.39

Multi Family

  • School Taxes: 5046.83
  • Total Units: 5
  • Total Unit Count: 6

Range of Values:

Collateral Analytics

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ICE

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Sold $575,000 0.0% $127 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $575,000 +36.9% $127 / Sq Ft
03/30/2018 03/30/18 Sold $420,000 -4.5% $93 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $440,000 -- $97 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 668627

Greater Lehigh Valley REALTORS®