NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
6,400 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $420,000

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • Electric Baseboard Heater
  • Property is in excellent condition
  • Ceiling Fan

About This Home

As of July 2022

Opportunity knocks with this well maintained, 3 unit investment property. Conveniently located right off route 309 and only minutes from the Promenade Shops in Saucon Valley. All units are currently occupied, providing an immediate revenue producing investment. There is a private parking lot located in the rear of the property. All units are set up with the same floor plan that include 2 bedrooms, 1 full bath, a living room, dining room and kitchen. The first and third floor have long term tenants who have maintained their units, keeping them in very good condition. The second floor has been remodeled within the last 2 years and includes a newer, luxury plank vinyl flooring throughout the living room, hall and main bedroom. The second floor unit has a beautifully upgraded kitchen and is currently being freshly painted. The tenant in second floor has shown to be very neat and meticulous. All three water heaters have been replaced within the last few years. All tenants have been long term and are currently interested in staying. This is a must-see Investment. Shown by appointment only. All buyers must be escorted on property by a Realtor with confirmed appointment.

Last Agent to Sell the Property

Jillianne Hangey

(484) 571-5591 jilliannehangey@kw.com Keller Williams Real Estate-Doylestown Listed on: 06/03/2022

Keller Williams Real Estate-Doylestown

Co-Listed By

Darren Taylor

(215) 266-8220 d.taylor@kw.com Innovate Real Estate

Last Buyer's Agent

Darren Taylor

(215) 266-8220 d.taylor@kw.com Innovate Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1979

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 40.00 x 160.00
  • Property is in excellent condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 012
  • Assessor Parcel Number 640661417390-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,648

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Exclusions: One tenant owns their washer and dryer. 3rd Floor
  • Inclusions: Washer, Dryer for two of the three units, Refrigerators in all units,. All in as is condition with no monetary value.
  • New Construction: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity knocks with this well maintained, 3 unit investment property. Conveniently located right off route 309 and only minutes from the Promenade Shops in Saucon Valley. All units are currently occupied, providing an immediate revenue producing investment. There is a private parking lot located in the rear of the property. All units are set up with the same floor plan that include 2 bedrooms, 1 full bath, a living room, dining room and kitchen. The first and third floor have long term tenants who have maintained their units, keeping them in very good condition. The second floor has been remodeled within the last 2 years and includes a newer, luxury plank vinyl flooring throughout the living room, hall and main bedroom. The second floor unit has a beautifully upgraded kitchen and is currently being freshly painted. The tenant in second floor has shown to be very neat and meticulous. All three water heaters have been replaced within the last few years. All tenants have been long term and are currently interested in staying. This is a must-see Investment. Shown by appointment only. All buyers must be escorted on property by a Realtor with confirmed appointment.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Luxury Vinyl Plank, Laminated
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2327

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: ALLENTOWN
  • School District Key: 300200397387
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 194000.00
  • Land Assessed Value: 18000.00
  • Land Use Code: 4215
  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6400.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R-M

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 26700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3940216
  • School Tax: 4559.00
  • Tax Annual Amount: 6648.00
  • Assessor Parcel Number: 640661417390-00001
  • Tax Lot: 012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/27/2022

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: ALLENTOWN

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
07/27/2022 07/27/22 Sold $420,000 +13.5% --
06/09/2022 06/09/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $369,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALH2003222

Bright MLS