NOT LISTED FOR SALE
-- Bed
-- Bath
5,796 Sq Ft
0.32 Acres

Last Sold December 16, 2022

Last sale price $485,000 $84 Per Sq Ft

153 Days on Market

Highlights

  • 0.32 Acre Lot
  • Traditional Architecture
  • Radiant Heating System

About This Home

As of December 2022

Finally a true investment property! This 5 - Unit was completely gutted and remodeled in 1997. New electric, plumbing, drywall , trim, kitchens ,baths etc. etc. etc. All of the hard and expensive work has been done. The Building consists of 3- two bedroom and 2 - one bedroom units along with a paved parking lot for 10 vehicles. All units are extremely spacious and come with their own washer/dryer hookup. Owner pays water/sewer/trash, tenant pays electric and cable. All units are electric heat and hot water. Below market rents will give the new owner a chance to push the pro-forma of this property.

Last Listed By

Stacey DeLong

Iron Valley Real Estate Legacy License #RS327245 Listed on: 04/19/2022

Iron Valley Real Estate Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,485

Year Built

  • Built in 1880 | Remodeled in 1997

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50.00 x 280.00

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5,796 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Lot

Utilities

  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 556224408748-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,485

Year Built

Built in 1880 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • New Construction: No
  • Year Built: 1880
  • Year Renovated: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Finally a true investment property! This 5 - Unit was completely gutted and remodeled in 1997. New electric, plumbing, drywall , trim, kitchens ,baths etc. etc. etc. All of the hard and expensive work has been done. The Building consists of 3- two bedroom and 2 - one bedroom units along with a paved parking lot for 10 vehicles. All units are extremely spacious and come with their own washer/dryer hookup. Owner pays water/sewer/trash, tenant pays electric and cable. All units are electric heat and hot water. Below market rents will give the new owner a chance to push the pro-forma of this property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 5796
  • Living Area Sq Ft: 5796
  • Price Per Sq Ft: 88.85
  • Above Grade Finished Sq Ft: 5796
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 137

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NORTHERN LEHIGH
  • School District Key: 300200397390
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 196600.00
  • Land Assessed Value: 26400.00
  • Land Use Code: 1143
  • Lot Size Acres: 0.32
  • Lot Dimensions: 50.00 x 280.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Year Assessed: 2022
  • Zoning: C

Rental Info

  • Rent Control: No
  • Total Actual Rent: 47460.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3929610
  • School Tax: 6259.00
  • Tax Annual Amount: 8485.00
  • Assessor Parcel Number: 556224408748-00001
  • Tax Lot: 002
  • Tax Total Finished Sq Ft: 5796
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 12/16/2022

MLS Schools

  • School District Name: NORTHERN LEHIGH

Range of Values:

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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 Change Sq Ft Price
12/16/2022 12/16/22 Sold $485,000 -5.8% $84 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $515,000 -1.9% $89 / Sq Ft
05/16/2022 05/16/22 Price Changed $525,000 -8.7% $91 / Sq Ft
04/19/2022 04/19/22 For Sale $575,000 -- $99 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALH2002588

Bright MLS