$550,000
$75K PRICE INCREASE

4400 Little Gap Rd Kunkletown, PA 18058

Estimated payment $3,412/month

Total Views 1,696
-- Bed
-- Bath
2,784 Sq Ft
$198 Price per Sq Ft

Highlights

  • Attached Garage
  • Brick or Stone Mason
  • Heating Available

About This Home

For anyone looking to start their Real Estate portfolio, this is a perfect opportunity. 4400 Little Gap Rd is a 4 bedroom twin with a modern kitchen, vinyl plank flooring and 1.5 bathrooms. You can live in this unit while collecting rent from the other 4 units. 4402 is a 3 bedroom twin with 1.5 bathrooms. There is a raised ranch over a large garage that sits at the back left of the property. Included in this sale is 4410 Little Gap Rd (Parcel 7A-32-11), which has 2 one bedroom apartments over a large garage. 1 of the apartments is almost complete and the other apartment requires a full rehab. If not looking for a house hacking opportunity, then you will have no problem renting out this desirable 4 bedroom. Approximately 5 minutes from Blue Mountain Resort. It is also close proximity to Jim Thorpe and Penn's Peak. Schedule your showing today! All units pay their own utilities (electric & oil) Landlord pays taxes, insurance and septic pumping. All the buildings share 1 well and that is why the 2 Parcels need to be sold together.

Listing Agent

Michelle Pietrouchie-Summers

Valley Star Real Estate License #RM424633 Listed on: 11/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 1932

Lot Details

  • 0.34 Acre Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Brick or Stone Mason
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating Available
  • Well
  • Cesspool

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,663
  • Water Sewer Expense $2,000
  • Operating Expense $16,702
  • Gross Income $74,400
  • Net Operating Income $57,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,490

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Stories: 2
  • Year Built: 1932
  • LotSizeAcres: 0.34
  • Co List Office Mls Id: VSRE
  • Subdivision Name: Not in Development
  • PropertySubTypeAdditional: Duplex
  • Special Features: None

Interior Features

  • Living Area: 2784.0
  • Stories: 2

Exterior Features

  • Construction Type: Brick, Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Cesspool
  • Heating Yn: Yes
  • Water Source: Well

Fee Information

  • Operating Expense: 16702.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: Palmerton

Lot Info

  • Lot Size Sq Ft: 14810.0
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 3663.0
  • Property Net Operating Income: 57698.0

Tax Info

  • Tax Annual Amount: 4490.04

Map

Range of Values:

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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,989 $34,750 $7,500 $27,250
2024 $2,794 $34,750 $7,500 $27,250
2023 $2,699 $34,750 $7,500 $27,250
2022 $2,571 $34,750 $7,500 $27,250
2021 $2,489 $34,750 $7,500 $27,250
2020 $2,454 $34,750 $7,500 $27,250
2019 $2,385 $34,750 $7,500 $27,250
2018 $2,385 $34,750 $7,500 $27,250
2017 $2,341 $34,750 $7,500 $27,250
2016 -- $34,750 $7,500 $27,250
2015 -- $34,750 $7,500 $27,250
2014 -- $34,750 $7,500 $27,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 For Sale $475,000 0.0% $171 / Sq Ft
05/23/2021 05/23/21 Rented $1,300 0.0% --
05/19/2021 05/19/21 For Rent $1,300 0.0% --
04/30/2021 04/30/21 Sold $336,000 0.0% $121 / Sq Ft
04/30/2021 04/30/21 Sold $336,000 -10.4% $241 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $374,900 -6.3% $135 / Sq Ft
10/05/2020 10/05/20 For Sale $399,900 -- $287 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,000 Trident Land Transfer Co Lp
Deed $94,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 Unknown
Previous Owner $26,735 Unknown
Previous Owner $27,250 Unknown
Previous Owner $27,250 Unknown
Source: Public Records

Source: Greater Lehigh Valley REALTORS®

MLS Number: 749152

Greater Lehigh Valley REALTORS®

APN: 7A-32-11