NOT LISTED FOR SALE
8 Beds
5 Baths
4,320 Sq Ft
10,019 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $750,000 $174 Per Sq Ft

13 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Laundry Room
  • Wood Flooring
  • Park
  • Shops

About This Home

As of September 2023

INVESTMENT OPPORTUNITY with Amazing Cash Flow! Welcome to 22 5TH Avenue! 5-Units made up of Four 1-bedrooms on the first and second floors and A 3-bedroom unit on the third floor. This is a great opportunity to own five (5) units offering a well-maintained low maintenance investment property delivered fully occupied with good rents and leases with ideal tenants who love where they live. This 5 unit feature floor plans that flow nicely with plenty of windows and lighting with good-sized rooms cabinet and closet spaces with all utilities paid by tenants (except for water & sewer). Great location for the renter who needs easy access to all area amenities. If you are an investor looking for great rental units, this is the one!

Last Agent to Sell the Property

Donna Davids

Coldwell Banker Realty - Easton Listed on: 07/19/2023

Coldwell Banker Realty - Easton

Last Buyer's Agent

Brian Kenneally

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Cleared Lot

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Property is near schools
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $6,600
  • Assessor Parcel Number M:38 L:193 U:,2983697

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $600
  • Water Sewer Expense $3,000
  • Operating Expense $8,593
  • Net Operating Income $65,807

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,107

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2
  • Sub Agent Compensation: TBD
  • Transaction Broker: TBD
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood,Tile,Hardwood, Hardwood Floors, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry), Unit 2(Ceiling Fans,Pantry,Bathroom With Tub,Open Floor Plan), Unit 3(Ceiling Fans,Pantry,Bathroom With Tub), Unit 4(Ceiling Fans,Bathroom With Tub), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Refrigerator, Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup, Dryer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
  • Basement: Full
  • Living Area: 4320
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 173.61
  • PRICE PER Sq Ft: 173.61
  • MAIN SO: BB5522

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, Sidewalks
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: M:38 L:193 U:,2983697
  • Zoning: URBRES
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019
  • Lot Size Units: Acres
  • PAGE: 248
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6107
  • Tax Book Number: 24995

Multi Family

  • Electric Expense: 600
  • Gross Income: 80400
  • Net Operating Income: 65807
  • Number Of Units Total: 5
  • Operating Expense: 8593
  • Total Actual Rent: 6600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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
09/19/2023 09/19/23 Sold $750,000 0.0% $174 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $750,000 +150.0% $174 / Sq Ft
11/15/2016 11/15/16 Sold $300,000 0.0% $69 / Sq Ft
10/13/2016 10/13/16 Off Market $300,000 -- --
09/30/2016 09/30/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $319,900 +6.6% $74 / Sq Ft
09/19/2016 09/19/16 Off Market $300,000 -- --
07/31/2016 07/31/16 Price Changed $319,900 -5.9% $74 / Sq Ft
07/11/2016 07/11/16 Price Changed $339,900 -2.9% $79 / Sq Ft
06/30/2016 06/30/16 Price Changed $349,900 0.0% $81 / Sq Ft
05/19/2016 05/19/16 For Sale $350,000 -- $81 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73138419

MLS Property Information Network (MLS PIN)