$340,000
SOLD NOV 4, 2024
5 Beds
2.5 Baths
3,045 Sq Ft
0.29 Acres

Recently Sold

$112 Per Sq Ft

13% Below List Price

112 Days on Market

Highlights

  • Heating Available
  • Emmaus High School Rated A-
  • 3-minute walk to Lock Ridge Park

About This Home

As of November 2024

The East Penn duplex features side-by-side units set back from the road, presenting an excellent income-generating property. The left unit, 37 Church Street, is fully remodeled and in superb condition, boasting 3 bedrooms, 2 full baths, luxury vinyl flooring, and a new kitchen. The right unit, 37 1/2 Church Street, offers a spacious layout with 2 bedrooms, 1 bath, cathedral ceilings in the living room, and a large eat-in kitchen. Tenants are responsible for water, sewer, propane, and electricity, and they maintain the lawn. This is a remarkable investment opportunity.

Last Agent to Sell the Property

Jeff Torchia

Preferred Properties Plus Listed on: 05/20/2024

Last Buyer's Agent

Jeff Torchia

Preferred Properties Plus Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3,045 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 546365993614001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Operating Expense $6,635
  • Gross Income $36,000
  • Net Operating Income $29,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,270

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 179500.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 3045

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: Window ACs
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1500

Fee Information

  • Operating Expense: 6635

Schools

  • School District: East Penn

Lot Info

  • Acres: 0.293
  • Lot Sq Ft: 12759
  • Zoning Code: R-3-HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 546365993614001
  • County Taxes: 678.51
  • Municipal Taxes: 822.11
  • Total Taxes: 5270.12

Multi Family

  • School Taxes: 3769.50
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: East Penn

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 Change Sq Ft Price
11/04/2024 11/04/24 Sold $340,000 -5.5% $112 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $359,900 -2.7% $118 / Sq Ft
06/11/2024 06/11/24 Price Changed $369,900 -2.6% $121 / Sq Ft
06/04/2024 06/04/24 Price Changed $379,900 -2.6% $125 / Sq Ft
05/20/2024 05/20/24 For Sale $389,900 -- $128 / 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: 738292

Greater Lehigh Valley REALTORS®

APN: 546365993614-1