$900,000
SOLD DEC 10, 2024

1361 E Lizard Creek Rd Lehighton, PA 18235

14 Beds
7 Baths
8,271 Sq Ft
2.46 Acres

Recently Sold

$109 Per Sq Ft

10% Below List Price

34 Days on Market

Highlights

  • 2.46 Acre Lot
  • Ceiling Fan
  • Heating Available
  • Balcony
  • Laundry Facilities

About This Home

As of December 2024

$85200 Gross Rent a year and minimal maintenance. Discover an exceptional investment opportunity with this 1992-built, 7-unit apartment building featuring a timeless brick front and solid construction. Each unit offers two spacious bedrooms and one full bath, an LR, & a balcony/ Wide solid staircase. The top Floor is a penthouse Nestled on a picturesque A 2.46-acre lot, this property is ideally located near beautiful state parks and essential amenities, blending the serenity of nature with urban convenience. Recent upgrades, including a new roof and water system ensure the property remains in excellent condition with low maintenancecosts. Long-term tenants provide stable rental income, with current rents attractively low, presenting a prime opportunity to increase market rates and boost your ROI. 5000 Sq Ft Paved parking for 15 cars. and coin-operated laundry in the building. Beyond its immediate benefits, the expansive lot offers significant potential for future development, allowing you to tailor the property to meet evolving market demands and maximize growth potential. This property is more than just an income generator; it’s a versatile asset with both immediate rewards and long-term possibilities. Whether you're a seasoned investor or new to real estate, this apartment building is sure to meet your financial goals and exceed your expectations. Contact us now to schedule a viewing and take the first step toward enhancing your portfolio with this remarkable opportunity

Last Agent to Sell the Property

Preety Minhas

Keller Williams Northampton License #AB068814 Listed on: 08/14/2024

Keller Williams Northampton

Last Buyer's Agent

Preety Minhas

Keller Williams Northampton License #AB068814 Listed on: 08/14/2024

Keller Williams Northampton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,922

Year Built

  • Built in 1992

Lot Details

  • 2.46 Acre Lot
  • Property is zoned VC

Parking

  • 16 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 8,271 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire Escape

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 72-9-A23.01

Community Details

Overview

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,922

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Detached
  • County Assessment: 149300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1992
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Balcony, Central Laundry, Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 7
  • Full Bathrooms: 7
  • Bedrooms: 14
  • Square Footage: 8271

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking Spaces: 16

Utilities

  • Cooling: Ceiling Fans, Window ACs
  • Heat Type: Electric
  • Sewer: Septic
  • Water: Well
  • Electric: 800
  • Insurance: 5000
  • Trash Removal: 3600
  • Water Sewer: 1500

Condo/Co-op/Association

  • Lawn Snow Removal: 2000
  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 24021

Schools

  • School District: Lehighton

Lot Info

  • Acres: 2.460
  • Lot Sq Ft: 107157
  • Zoning Code: VC

Tax Info

  • Assessor Parcel Number: 72-9-A23.01
  • County Taxes: 1828.93
  • Municipal Taxes: 1214.56
  • Total Taxes: 10921.51

Multi Family

  • School Taxes: 7878.02
  • Total Units: 7
  • Total Unit Count: 7

MLS Schools

  • School District: Lehighton

Range of Values:

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
12/10/2024 12/10/24 Sold $900,000 -9.9% $109 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $999,000 -- $121 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 743499

Greater Lehigh Valley REALTORS®