NOT LISTED FOR SALE

22 E Main St Fleetwood, PA 19522

Estimated Value: $228,000 - $279,000

4 Beds
1 Bath
15,702 Sq Ft
$16/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $800,000 $51 Per Sq Ft

Current estimated payment $1,393/month

315 Days on Market

About This Home

As of August 2021

Landmark Property in Fleetwood with 1st floor commercial and 5 apartments on the 2nd & 3rd floors. Also included is the next door property - 22 E Main, a 2 unit residential property, and also included is 32 E Main - a parking lot! Very Popular Pub/restaurant and Ice Cream Parlor on the first floor with large outdoor patios on 2 sides. The Apartments are extra spacious, loft style units and truly have to be seen to be appreciated, featuring soaring ceilings with great open layouts accented with dramatic architecture and finishes such as hardwood floors, brick walls, tall windows with natural light, etc. The building is serviced by its own private parking lot. This is a must see cash producing property. Some rents are below market and can be raised. ***Sale includes all restaurant equipment, restaurant furniture, and R Liquor license!*** Ask about the special tax incentives this property can provide for you*** Call for details and your personal tour

Last Agent to Sell the Property

Wendy Karopoulos

Paranee Properties Listed on: 08/14/2020

Last Buyer's Agent

Wendy Karopoulos

Paranee Properties Listed on: 08/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,505

Year Built

  • Built in 1920

Lot Details

  • 0.47 Acre Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 15,702 Sq Ft Home
  • 3-Story Property

Parking

  • 31 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 44543116747177

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $800
  • Insurance Expense $8,659
  • Maintenance Expense $3,000
  • Water Sewer Expense $5,040
  • Operating Expense $33,329
  • Gross Income $128,028
  • Net Operating Income $94,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,505

Year Built

Built in 1920

Lot Details

0.47 Acres

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • County Assessment: 333500.00
  • Stories: 3.0
  • Street Number Modifier: -32
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Square Footage: 15702

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 31

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 800
  • Insurance: 8659
  • Water Sewer: 5040

Condo/Co-op/Association

  • Maintenance Repair: 3000

Fee Information

  • Operating Expense: 33329

Lot Info

  • Acres: 0.470
  • Lot Sq Ft: 20473
  • Zoning Code: Commercial

Tax Info

  • Assessor Parcel Number: 44543116747177
  • Total Taxes: 14505.00
  • Taxes: 15830

Multi Family

  • Total Units: 7
  • Total Unit Count: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Caloiero Realty Group Llc
Bought by
22-32 East Main St Llc
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$579,235
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$332,235

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 30, 2021
Sold by
Fleetwood Shacks Llc
Bought by
Caloiero Realty Group Llc
Seller's Agent
Wendy Karopoulos
Paranee Properties
Buyer's Agent
Wendy Karopoulos
Paranee Properties
List Price
$1,400,000
Sold Price
$800,000
Premium/Discount to List
-$600,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.85%
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2007
Sold by
Okeefe & Sher Pc
Bought by
Fleetwood Shacks Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
22-32 East Main St Llc $775,000 Terra Settlement Services
Caloiero Realty Group Llc $200,000 None Listed On Document
Fleetwood Shacks Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 22-32 East Main St Llc $581,250
Previous Owner Caloiero Realty Group Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $800,000 -32.8% $51 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
01/30/2021 01/30/21 Price Changed $1,190,000 +20.2% $76 / Sq Ft
01/29/2021 01/29/21 Price Changed $990,000 -29.3% $63 / Sq Ft
08/14/2020 08/14/20 For Sale $1,400,000 -- $89 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $1,296 $78,700 $24,800 $53,900
2024 $3,928 $78,700 $24,800 $53,900
2023 $3,795 $78,700 $24,800 $53,900
2022 $3,755 $78,700 $24,800 $53,900
2021 $3,755 $78,700 $24,800 $53,900
2020 $3,716 $78,700 $24,800 $53,900
2019 $3,716 $78,700 $24,800 $53,900
2018 $3,657 $78,700 $24,800 $53,900
2017 $3,576 $78,700 $24,800 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 645558

Greater Lehigh Valley REALTORS®

APN: 44-5431-16-74-7135

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