Seller's Agent in 2025
Xander Weidenbaum
Redstone Run Realty
(570) 977-3000
1 in this area
493 Total Sales
139 S Main St Nazareth, PA 18064
8
Beds
4
Baths
9,648
Sq Ft
5,576
Sq Ft Lot
Highlights
- Ceiling Fan
- Heating Available
- 4-minute walk to Paul Kokolus Sr. Park
- Floyd R. Shafer Elementary School Rated A-
About This Home
As of January 2025INVESTMENT OPPORTUNITY IN DOWNTOWN NAZARETH! Nestled on bustling Main Street, this stunning 6-unit historic building exhibits charm with its quality brickwork, intricate Italianate details, and a striking segmented pediment atop a large cornice. The ground floor features 2 prime commercial spaces, one of which is already leased, while the upper floors house 4 modestly updated and fully occupied residential units. With current gross rents at approximately $75k and the potential to reach $90k upon leasing the second commercial space, this property is a gem for long term portfolio investors. Don't miss the chance to own a piece of Nazareth's history while enjoying a gilt-edge portfolio addition!
Last Buyer's Agent
Michael Patrick
Redstone Run Realty
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,779
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Heating Available
Listing and Financial Details
- Assessor Parcel Number J7SE3A-9-11-0421
Community Details
Overview
- 6 Units
Building Details
- Maintenance Expense $4,335
- Trash Expense $3,000
- Water Sewer Expense $4,800
- Operating Expense $23,592
- Gross Income $86,700
- Net Operating Income $63,108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2024
Closed on
Jan 30, 2025
Sold by
Bsre Holdings Llc
Bought by
Roseanna Llc
Seller's Agent
Xander Weidenbaum
Redstone Run Realty
Buyer's Agent
Michael Patrick
Redstone Run Realty
List Price
$899,900
Sold Price
$820,000
Premium/Discount to List
-$79,900
-8.88%
Total Days on Market
56
Views
1156
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
$3,694
Avg. Annual Appreciation
1.26%
Original Mortgage
$510,000
Outstanding Balance
$509,114
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$314,580
Purchase Details
Closed on
Aug 24, 2023
Sold by
County Of Northampton Pennsylvania
Bought by
Bsre Holdings Llc and Arrubla
Purchase Details
Closed on
Apr 1, 1996
Bought by
Werkheiser Frederick A
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $820,000 | First United Land Transfer | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $50,120 | None Listed On Document | |
| Deed | $187,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $820,000 | -8.9% | $85 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | For Sale | $899,900 | -- | $93 / 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 | $851 | $78,800 | $25,500 | $53,300 |
| 2024 | $6,722 | $78,800 | $25,500 | $53,300 |
| 2023 | $6,287 | $75,200 | $25,500 | $49,700 |
| 2022 | $6,287 | $75,200 | $25,500 | $49,700 |
| 2021 | $6,282 | $75,200 | $25,500 | $49,700 |
| 2020 | $6,282 | $75,200 | $25,500 | $49,700 |
| 2019 | $6,188 | $75,200 | $25,500 | $49,700 |
| 2018 | $6,059 | $75,200 | $25,500 | $49,700 |
| 2017 | $5,966 | $75,200 | $25,500 | $49,700 |
| 2016 | -- | $75,200 | $25,500 | $49,700 |
| 2015 | -- | $75,200 | $25,500 | $49,700 |
| 2014 | -- | $75,200 | $25,500 | $49,700 |
Source: Public Records
Agents Affiliated with this Home
-
Xander Weidenbaum
-
Buyer's Agent in 2025
Michael Patrick
Redstone Run Realty
(267) 234-3956
1 in this area
8 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 743114
APN: J7SE3A-9-11-0421
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