J
Seller's Agent in 2024
Joshua Schoenberger
EXP Realty LLC
(888) 397-7352
1 in this area
32 Total Sales
4025 Main St Slatedale, PA 18079
Washington Township Neighborhood
12
Beds
6
Baths
6,961
Sq Ft
1.2
Acres
Highlights
- Balcony
- Patio
- Forced Air Heating and Cooling System
- Brick or Stone Veneer
About This Home
As of March 202410.3%+ CAP at asking, $120,900 Gross Income, $98,000 Net Income, and LAND to build another apartment building on SITE. These two apartment buildings are on 1.24 acres with 6 units on two parcels, sold together or separately. 4025 Main St is a 2,473 SF converted house including two 2 units, a 2-car garage, and significant updates. 4029 Main Street is a 4,488 SF apartment building with FOUR 2BR units and a covered parking garage in the rear. All units are 2BR/1BA with separate entries. 12+ parking spaces (6 paved, 4 covered carports, plus 2 car garage). Built in 1950, extensively renovated and converted into residential suites in 2005. Since then, there have been many upgrades to the exterior/interior within the past 5 years. All units have central air and private entry. All units have oversized bedrooms with a porch or balcony as well as large living/family rooms and eat-in kitchens. All kitchens and bathrooms are renovated and show very well to command the rents for the area. All units have washers and dryers. The rear of the property offers a large area of land for potential development or expansion (requires zoning confirmation). Acceptable offers within 5% of the asking price at or above $910,000 will be presented to the seller and will have serious consideration if within reasonable terms. NOTE - The owners love this property but live 1.5 hours away and due to the distance, they are selling to the lucky buyer. Potential to sell separately, inquire further.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $11,057
Year Built
- Built in 1950
Lot Details
- 1.2 Acre Lot
Home Design
- Converted Dwelling
- Brick or Stone Veneer
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 6,961 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Parking
- 12 Parking Spaces
- Carport
- Unpaved Parking
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 554281008610 001
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $500
- Insurance Expense $3,750
- Maintenance Expense $1,500
- Trash Expense $1,425
- Water Sewer Expense $3,350
- Operating Expense $22,881
- Gross Income $120,900
- Net Operating Income $98,019
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $920,000 | -3.2% | $132 / Sq Ft | |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- | |
| 01/16/2024 01/16/24 | For Sale | $950,000 | +36.7% | $136 / Sq Ft | |
| 04/28/2023 04/28/23 | Sold | $695,000 | -7.3% | -- | View Prior Sale |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- | |
| 02/24/2023 02/24/23 | For Sale | $750,000 | -- | -- |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Joshua Schoenberger
-
John Houston
J
Buyer's Agent in 2024
John Houston
Keller Williams Northampton
(570) 856-5261
1 in this area
59 Total Sales
-
Michael Adams
Seller's Agent in 2023
Michael Adams
NAI Summit
(610) 871-1715
1 in this area
26 Total Sales
-
Sarah Finney-Miller
Seller Co-Listing Agent in 2023
Sarah Finney-Miller
NAI Summit
(610) 264-0200
1 in this area
20 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 730730
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 4109 Main St
- 4120 Main St
- 3877 E Grant St
- 3297 Mountain Rd
- 3431 Main St
- 3538 Mountain Rd Unit 3540
- 3511 Mountain Rd
- 9155 N Loop Rd
- 9127 N Loop Rd
- 8624 Ashfield Rd
- 416 Owl Alley
- 402 7th St
- 9170 N Loop Rd
- 8647 Reservoir Rd
- 9050 Reservoir Rd
- 562 W Franklin St
- 5141 Innwood Dr
- 449 W Church St
- 16 4th St
- 6752 Old Grange Rd
- 4025 Main St Unit 2
- 4027 Main St
- 4023 Main St
- 4021 Main St
- 4029 Main St Unit D
- 4029 Main St Unit B
- 4029 Main St Unit C
- 4029 Main St Unit A
- 4029 Main St
- 4029 Main St Unit A
- 4029 Main St Unit D
- 4029 Main St Unit C
- 4029 Main St
- 4029 Main St
- 4017 Main St
- 4033 Main St
- 4033 Main St
- 4033 Main St
- 4024 Main St
- 4034 Main St