NOT LISTED FOR SALE

317 Heller Rd Quakertown, PA 18951

-- Bed
-- Bath
8,658 Sq Ft
1.04 Acres

Last Sold August 18, 2016

Last sale price $600,000 $69 Per Sq Ft

21 Days on Market

Highlights

  • 1.04 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

A great investment property. Long term tenants and fully occupied. All units have separate heat, electric, water and sewer. Tenants pay all utilities. Each unit has it's own washer/dryer hookup. Cash flow is based on 9 units, but potential additional cash flow with separate unfinished 2 bedrm house and 3+ detached garage which needs TLC. All appliances in units are "as is". Contents of garage are excluded.

Last Agent to Sell the Property

Amanda Forsthoefel

BHHS Fox & Roach Macungie Listed on: 04/21/2016

BHHS Fox & Roach Macungie

Last Buyer's Agent

Amanda Forsthoefel

BHHS Fox & Roach Macungie Listed on: 04/21/2016

BHHS Fox & Roach Macungie

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,782

Year Built

  • Built in 1988

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 122x216

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 8,658 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 15 Parking Spaces
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-009-022

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $705
  • Insurance Expense $2,008
  • Maintenance Expense $9,890
  • Trash Expense $1,236
  • Water Sewer Expense $705
  • Operating Expense $27,184
  • Gross Income $81,300
  • Net Operating Income $54,116

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,782

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex, Converted
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 67500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1988
  • Year Built Exception: Under Construction
  • Special Features: NewHome

Interior Features

  • Features: Fire Escape, Hardwood, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Square Footage: 8658

Exterior Features

  • Construction: Brick, Frame, Shingle, Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 15

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 705
  • Insurance: 2008
  • Trash Removal: 1236
  • Water Sewer: 705

Condo/Co-op/Association

  • Lawn Snow Removal: 1563
  • Maintenance Repair: 9890

Fee Information

  • Operating Expense: 27184

Lot Info

  • Acres: 1.038
  • Lot Dimensions: 122X216
  • Lot Sq Ft: 45215
  • Zoning Code: MR

Tax Info

  • Assessor Parcel Number: 35-009-022
  • County Taxes: 1566.00
  • Municipal Taxes: 110.00
  • Total Taxes: 11782.00

Multi Family

  • School Taxes: 10107.00
  • Total Units: 9
  • Total Unit Count: 9

MLS Schools

  • School District: Not Applicable

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
08/18/2016 08/18/16 Sold $600,000 -4.0% $69 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $624,900 0.0% $72 / Sq Ft
05/12/2014 05/12/14 Rented $900 -5.3% --
05/12/2014 05/12/14 Under Contract -- -- --
09/30/2013 09/30/13 For Rent $950 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Forsthoefel

    Seller's Agent in 2016

    Amanda Forsthoefel

    BHHS Fox & Roach

    (610) 398-9888

    65 Total Sales

    Amanda Forsthoefel
    Section Image

  • T

    Seller's Agent in 2014

    Timothy Browning

    Edward G Browning Real Estate LLC

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 518443

Greater Lehigh Valley REALTORS®
Pennsylvania Bucks County Quakertown 18951

317 Heller Rd, Quakertown, PA

Not Listed for Sale

MultiFamily

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