NOT LISTED FOR SALE
-- Bed
1 Bath
902 Sq Ft
0.76 Acres

Last Sold January 22, 2021

Last sale price $277,000 $307 Per Sq Ft

50 Days on Market

Highlights

  • Baseboard Heating
  • Bridle Path Elementary School Rated A-
  • 4 Car Garage

About This Home

As of January 2021

AMAZING INVESTMENT OPPORTUNITY!! 1607 & 1609 N Line Rd Are Being Sold As A Package Deal. This Includes Four Detached Homes, 5 Garage Spaces Total And A Large Private Parking Lot. Unit 1 Is A 3 BD/ 1 BA Home w/ 1 Car Garage. Unit 2 Is A 3 BD/ 1 BA Home w/ 3 Car Garage. Unit 3 Is A 3 BD/ 1 BA Home. Unit 4 Is 1 BD/ 1 BA Home w/ 1 Car Garage. These Are All Long Term Month To Month Tenants. Some Are Paying Well Below Market Value And Tenants Do Pay Utilities! Call For Details Today!!

Last Agent to Sell the Property

Jeffrey Shauger

RE/MAX 440 License #AB067178 Listed on: 10/06/2020

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1945

Lot Details

  • 0.76

Parking

  • 4 Car Garage

Home Design

  • Stucco Exterior
  • Vinyl Construction Material
  • Stone

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 46-00-02404-007

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,729
  • Gross Income $55,440
  • Net Operating Income $39,710

Property Details

Home Type

Apartment

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 145220.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1945
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Stone, Stucco, Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Hot Water, Oil
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 15729

Lot Info

  • Zoning Code: R2

Tax Info

  • Assessor Parcel Number: 46-00-02404-007
  • County Taxes: 502.00
  • Municipal Taxes: 216.00

Multi Family

  • School Taxes: 3945.00
  • Total Units: 4

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/22/2021 01/22/21 Sold $277,000 -49.5% $307 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/17/2020 11/17/20 Price Changed $549,000 -8.3% $609 / Sq Ft
10/06/2020 10/06/20 For Sale $599,000 0.0% $664 / Sq Ft
11/01/2019 11/01/19 Rented $1,295 0.0% --
10/29/2019 10/29/19 Under Contract -- -- --
09/27/2019 09/27/19 For Rent $1,295 +8.4% --
02/01/2017 02/01/17 Rented $1,195 -17.6% --
01/16/2017 01/16/17 Under Contract -- -- --
08/01/2016 08/01/16 For Rent $1,450 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 651186

Greater Lehigh Valley REALTORS®

APN: 46-00-02404-007