Seller's Agent in 2023
Jim Christman
Keller Williams Real Estate
(610) 826-8112
34 in this area
583 Total Sales
215 N 2nd St Unit 217 Lehighton, PA 18235
Estimated Value: $319,000 - $380,642
8
Beds
3
Baths
3,972
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Baseboard Heating
- 2-minute walk to Lehighton Boro Park
- Ceiling Fan
About This Home
As of October 2023Introducing a remarkable investment opportunity right in the heart of Lehighton Borough - a three-unit property, with multiple long-term tenants, that promises both immediate returns and long-term potential. Located in a prime spot, this property offers convenience and accessibility that tenants will love. With three separate units, you can triple your rental income potential, making it an attractive choice for savvy investors. Current Net income of 24k with room to increase significantly! These units are diverse in size, catering to a wide range of tenants, from singles to families. Turnkey investment opportunity with many recent repairs/upgrades! 2 Car off-street parking is available! With proximity to shopping, dining, schools, and major commuter routes, this property is perfectly positioned for sustained rental demand. Meticulously maintained! Don't miss out on this fantastic opportunity to expand your investment portfolio; get in touch with us today to learn more and schedule a viewing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,271
Year Built
- Built in 1925
Lot Details
- 9,583 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 3,972 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 70A10-30-Q5
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,112
- Operating Expense $2,400
- Gross Income $33,240
- Net Operating Income $24,057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 11, 2023
Sold by
Draxos Llc
Bought by
Black William and Devivo Brandi
Seller's Agent
Jim Christman
Keller Williams Real Estate
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$299,900
Sold Price
$340,000
Premium/Discount to List
$40,100
13.37%
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
$22,911
Avg. Annual Appreciation
3.35%
Original Mortgage
$255,000
Outstanding Balance
$250,042
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$112,869
Purchase Details
Closed on
May 3, 2021
Sold by
Carbon Rental Management Llc
Bought by
Draxos Llc
Purchase Details
Closed on
Sep 30, 2016
Sold by
Main Street Luxury Rentals Llc
Bought by
Carbon Rental Management Llc
Purchase Details
Listed on
Apr 28, 2014
Closed on
May 28, 2014
Sold by
Nvision Capital Advisors Llc
Bought by
Main Street Luxury Rentals Llc
Seller's Agent
Jim Christman
Keller Williams Real Estate
Buyer's Agent
Hugh Dugan
Hugh D. Dugan Real Estate Inc
List Price
$59,900
Sold Price
$35,500
Premium/Discount to List
-$24,400
-40.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%
Purchase Details
Listed on
Apr 28, 2014
Closed on
Apr 7, 2014
Sold by
Hometown Community Development Corporati
Bought by
Nvision Capital Advisors Llc
Seller's Agent
Jim Christman
Keller Williams Real Estate
Buyer's Agent
Hugh Dugan
Hugh D. Dugan Real Estate Inc
List Price
$59,900
Sold Price
$35,500
Premium/Discount to List
-$24,400
-40.73%
Purchase Details
Closed on
Oct 22, 2013
Sold by
Bank Of America Na
Bought by
Hometown Community Development Corporati and Homestrong Usa
Purchase Details
Closed on
Sep 4, 2013
Sold by
Leickel Jeffrey S and Leblanc Avary
Bought by
Bank Of America Na
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Black William | $340,000 | None Listed On Document | |
| Draxos Llc | $235,000 | Carbon Search & Stlmt Svcs I | |
| Carbon Rental Management Llc | $82,404 | None Available | |
| Main Street Luxury Rentals Llc | $35,500 | None Available | |
| Nvision Capital Advisors Llc | $35,500 | None Available | |
| Hometown Community Development Corporati | $43,600 | Servicelink | |
| Bank Of America Na | $4,937 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Black William | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | $340,000 | +13.4% | $86 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $299,900 | +744.8% | $76 / Sq Ft |
| 05/29/2014 05/29/14 | Sold | $35,500 | -40.7% | $9 / Sq Ft |
| 05/08/2014 05/08/14 | Pending | -- | -- | -- |
| 04/28/2014 04/28/14 | For Sale | $59,900 | -- | $15 / 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 | $3,478 | $43,600 | $5,450 | $38,150 |
| 2024 | $3,303 | $43,600 | $5,450 | $38,150 |
| 2023 | $3,271 | $43,600 | $5,450 | $38,150 |
| 2022 | $3,271 | $43,600 | $5,450 | $38,150 |
| 2021 | $3,156 | $43,600 | $5,450 | $38,150 |
| 2020 | $3,079 | $43,600 | $5,450 | $38,150 |
| 2019 | $2,949 | $43,600 | $5,450 | $38,150 |
| 2018 | $2,883 | $43,600 | $5,450 | $38,150 |
| 2017 | $2,861 | $43,600 | $5,450 | $38,150 |
| 2016 | -- | $43,600 | $5,450 | $38,150 |
| 2015 | -- | $43,600 | $5,450 | $38,150 |
| 2014 | -- | $43,600 | $5,450 | $38,150 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Christman
-
Jennifer de Jesus
Buyer's Agent in 2023
Jennifer de Jesus
Steel City Realty
(610) 333-4250
2 in this area
422 Total Sales
-
H
Buyer's Agent in 2014
Hugh Dugan
Hugh D. Dugan Real Estate Inc
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 723673
APN: 70A10-30-Q5
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