NOT LISTED FOR SALE

247 Main St Unit 247-251 Emmaus, PA 18049

7 Beds
3 Baths
4,632 Sq Ft
9,583 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $375,000 $81 Per Sq Ft

203 Days on Market

Highlights

  • Commercial or Retail Space
  • Forced Air Heating System
  • Baseboard Heating
  • Emmaus High School Rated A-

About This Home

As of December 2019

Investment opportunity in the heart of downtown Emmaus. 4 total units with 3 residential and 1 commercial. Commercial is currently occupied by Traub's Doggie Shop. Large parking lot in the rear of the property for tenant use. Tenants pay all utilities. Great opportunity, make an offer today!

Last Agent to Sell the Property

Carl Billera

Main Street RE Partners License #RM425372 Listed on: 05/05/2019

Last Buyer's Agent

Gregory Mazziotta

Assist 2 Sell Buyers & Sellers

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,954

Year Built

  • Built in 1883

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Commercial or Retail Space
  • Mixed Use

Interior Spaces

  • 4,632 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549466427509001

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,203
  • Maintenance Expense $3,427
  • Other Expense $386
  • Operating Expense $14,377
  • Gross Income $45,624
  • Net Operating Income $31,287

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,954

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 283000.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1883
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 7
  • Square Footage: 4632

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 12

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 3203

Condo/Co-op/Association

  • Maintenance Repair: 3427

Fee Information

  • Operating Expense: 14377

Schools

  • School District: East Penn

Lot Info

  • Acres: 0.220
  • Lot Sq Ft: 9583
  • Zoning Code: B-C

Rental Info

  • Other Expenses: 386

Tax Info

  • Assessor Parcel Number: 549466427509001
  • County Taxes: 1069.74
  • Municipal Taxes: 2315.51
  • Total Taxes: 8953.84

Multi Family

  • School Taxes: 5568.59
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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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 List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $375,000 -6.2% $81 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $399,900 -5.9% $86 / Sq Ft
05/05/2019 05/05/19 For Sale $425,000 -- $92 / Sq Ft
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: 610587

Greater Lehigh Valley REALTORS®