NOT LISTED FOR SALE
-- Bed
-- Bath
7,776 Sq Ft
7,200 Sq Ft Lot

Last Sold September 17, 2018

Last sale price $410,000 $53 Per Sq Ft

5 Days on Market

About This Home

As of September 2018

Originally built as housing for Lafayette College professors, the property was sold into private ownership in 1966. This 7 unit building is a unique opportunity for any investor. Rents are currently low which is reflective of the need for interior renovations. The building is being sold in AS-IS condition. Buyers will be responsible for both code and Home inspection items. The apartments are very large and gracious, comprised one 3 bedroom apartment, four 2 bedroom apartments, and two 1 bedroom apartments. The total square footage of the building is 7762 square feet.

Last Agent to Sell the Property

Clay Mitman

BHHS Paul Ford Easton Listed on: 07/20/2018

BHHS Paul Ford Easton

Last Buyer's Agent

Clay Mitman

BHHS Paul Ford Easton Listed on: 07/20/2018

BHHS Paul Ford Easton

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,102

Year Built

  • Built in 1900

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • 7,776 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9NE2C 19 4 0310

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $6,525
  • Operating Expense $17,138
  • Gross Income $64,740
  • Net Operating Income $47,605

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,102

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 78100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 7776

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 6525

Fee Information

  • Operating Expense: 17138

Schools

  • School District: Easton

Lot Info

  • Acres: 0.165
  • Lot Sq Ft: 7200
  • Zoning Code: CHD College Hill District

Tax Info

  • Assessor Parcel Number: L9NE2C 19 4 0310
  • County Taxes: 843.48
  • Municipal Taxes: 1948.60
  • Total Taxes: 8102.10

Multi Family

  • School Taxes: 5310.02
  • Total Units: 7
  • Total Unit Count: 7

Range of Values:

Collateral Analytics

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ICE

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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 Change Sq Ft Price
09/17/2018 09/17/18 Sold $410,000 +1.2% $53 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $405,000 -- $52 / 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: 585960

Greater Lehigh Valley REALTORS®