NOT LISTED FOR SALE

128 W Union Blvd Bethlehem, PA 18018

Downtown Bethlehem Neighborhood
-- Bed
-- Bath
22,000 Sq Ft
1910 Built

Last Sold March 04, 2020

Last sale price $5,310,000 $241 Per Sq Ft

84 Days on Market

Highlights

  • Home Security System
  • Central Air
  • Heating Available

About This Home

As of March 2020

This irreplaceable apartment building location is an industrial warehouse that has been fully converted into 23 Luxury apartments called The Bungalow. Located in North Bethlehem, The Bungalow is only 2 blocks from the downtown area in The City of Bethlehem and contains both one and two bedroom apartments. This heavily sought after downtown location also contains a total of 38 off street parking spaces that are used by the residents. Fully Leased. This property is located in a LERTA Zone which provides property tax incentives.

Last Agent to Sell the Property

Garrett Benner

Boutique One Properties LLC Listed on: 09/09/2019

Co-Listed By

Brandon Benner

Boutique One Properties LLC License #RS317399

Last Buyer's Agent

Barbra Andretti

BHHS Fox & Roach Easton

BHHS Fox & Roach Easton

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,819

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 22,000 Sq Ft Home
  • 2-Story Property

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 38 Parking Spaces
  • Leased Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P6NW2B 9 1 0204

Community Details

Overview

  • 23 Units

Building Details

  • Electric Expense $3,500
  • Insurance Expense $10,000
  • Maintenance Expense $1,000
  • Manager Expense $11,500
  • Trash Expense $2,000
  • Water Sewer Expense $3,500
  • Operating Expense $26,918
  • Gross Income $383,340
  • Net Operating Income $325,262

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,819

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable, Security System, Smoke Detector Wired
  • County Assessment: 122400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Square Footage: 22000

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot, Rented
  • Parking Spaces: 38

Utilities

  • Cooling: Central AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 3500
  • Insurance: 10000
  • Trash Removal: 2000
  • Water Sewer: 3500

Condo/Co-op/Association

  • Lawn Snow Removal: 750
  • Maintenance Repair: 1000
  • Management: 11500

Fee Information

  • Operating Expense: 26918

Lot Info

  • Zoning Code: PA095

Tax Info

  • Assessor Parcel Number: P6NW2B 9 1 0204
  • County Taxes: 1321.92
  • Municipal Taxes: 2342.74
  • Total Taxes: 10818.94

Multi Family

  • School Taxes: 7154.28
  • Total Units: 23
  • Total Unit Count: 23

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $5,310,000 -6.0% $241 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $5,650,000 0.0% $257 / Sq Ft
10/23/2019 10/23/19 For Sale $5,650,000 -5.8% $257 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $6,000,000 -- $273 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Garrett Benner

    Seller's Agent in 2020

    Garrett Benner

    Boutique One Properties LLC

    (484) 892-0806

    3 in this area

    8 Total Sales

    Garrett Benner
    Section Image
  • Brandon Benner

    Seller Co-Listing Agent in 2020

    Brandon Benner

    Boutique One Properties LLC

    (610) 554-7342

    1 Total Sale

    Brandon Benner
    Section Image
  • Barbra Andretti

    Buyer's Agent in 2020

    Barbra Andretti

    BHHS Fox & Roach

    (610) 258-0808

    6 Total Sales

    Barbra Andretti
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 622651

Greater Lehigh Valley REALTORS®
Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

128 W Union Blvd, Bethlehem, PA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes