D
Seller's Agent in 2021
Dale Nauman
Home Team Real Estate
(610) 419-8888
1 in this area
3 Total Sales
125 E 3rd St Bethlehem, PA 18015
Downtown Bethlehem NeighborhoodEstimated Value: $662,751
Studio
--
Bath
4,868
Sq Ft
$136/Sq Ft
Est. Value
About This Home
As of April 2021"ATTENTION ALL INVESTORS OR BUSINESS OWNERS" A great opportunity to own this 4800+ s.f. Commercial Building in the heart of the fast growing Southside Business District. Was used as a 5 unit, 1 commercial, 4 residential units. Walking distance to Lehigh University, Wind Creek Casino, and more. 1st Floor has 1780 sq.ft. of commercial space, full basement w/ new oil furnace, central air, ready for your finishing touches. 2nd floor- Apt 2a, 2 bedrooms, needs total rehab. Apt-2b 2 bedrooms, needs partial rehab. 3rd floor Apt. 3 bedrooms, needs partial rehab.
1st floor rear Apt. 1 bedroom, occupied. Each unit has it's own gas hot air furnace and separate utilities.
INCOME POTENTIAL $70k+ Annually.
Don't miss this opportunity.
Last Agent to Sell the Property
Home Team Real Estate License #AB068070 Listed on: 02/16/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,828
Year Built
- Built in 1900
Lot Details
- 2,800 Sq Ft Lot
- Lot Dimensions are 20 x 140
- Property is zoned COMM
Home Design
- Commercial or Retail Space
- Brick Exterior Construction
Interior Spaces
- 4,868 Sq Ft Home
- 3-Story Property
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Oil
Listing and Financial Details
- Assessor Parcel Number P6SE1A 6 4A 0204
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $3,500
- Maintenance Expense $1,000
- Trash Expense $960
- Water Sewer Expense $1,500
- Operating Expense $12,000
- Gross Income $70,000
- Net Operating Income $58,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2021
Closed on
Apr 12, 2021
Sold by
125 E Third Lllc
Bought by
125 Llc
Seller's Agent
Dale Nauman
Home Team Real Estate
Buyer's Agent
Chad Jarrah
BetterHomes&GardensRE/Cassidon
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,751
Avg. Annual Appreciation
8.28%
Purchase Details
Closed on
Jan 8, 2021
Sold by
Heckenberger Gary J and Heckenberger Deborrah R
Bought by
125 E Third Llc
Purchase Details
Closed on
Dec 1, 1995
Bought by
Heckenberger Gary J and Heckenberger Deborrah R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 125 Llc | $455,000 | Penn Title Company | |
| 125 E Third Llc | $300,000 | None Available | |
| Heckenberger Gary J | $175,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2021 04/13/21 | Sold | $455,000 | -8.1% | $93 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $495,000 | 0.0% | $102 / Sq Ft |
| 03/13/2021 03/13/21 | Price Changed | $495,000 | -9.8% | $102 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/16/2021 02/16/21 | For Sale | $549,000 | -- | $113 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $723 | $66,900 | $31,200 | $35,700 |
| 2024 | $5,913 | $66,900 | $31,200 | $35,700 |
| 2023 | $5,913 | $66,900 | $31,200 | $35,700 |
| 2022 | $5,867 | $66,900 | $31,200 | $35,700 |
| 2021 | $5,828 | $66,900 | $31,200 | $35,700 |
| 2020 | $5,772 | $66,900 | $31,200 | $35,700 |
| 2019 | $5,753 | $66,900 | $31,200 | $35,700 |
| 2018 | $5,613 | $66,900 | $31,200 | $35,700 |
| 2017 | $5,546 | $66,900 | $31,200 | $35,700 |
| 2016 | -- | $66,900 | $31,200 | $35,700 |
| 2015 | -- | $66,900 | $31,200 | $35,700 |
| 2014 | -- | $66,900 | $31,200 | $35,700 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Nauman
-
Chad Jarrah
C
Buyer's Agent in 2021
Chad Jarrah
BetterHomes&GardensRE/Cassidon
(610) 428-7336
1 in this area
39 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 659672
APN: P6SE1A-6-4A-0204
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Information is deemed reliable but not guaranteed.
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