NOT LISTED FOR SALE

5103 Railroad St Unit 5109 Whitehall, PA 18052

Cementon Neighborhood
-- Bed
4 Baths
3,584 Sq Ft
0.54 Acres

Last Sold September 27, 2019

Last sale price $278,000 $78 Per Sq Ft

117 Days on Market

Highlights

  • Parking available for a boat
  • Water Access
  • 0.54 Acre Lot
  • Home fronts navigable water
  • River View
  • Stream or River on Lot

About This Home

As of September 2019

Great opportunity to own a 4-unit investment property on the Lehigh River. The property is also right next to the Rails to Trails. These features help keep these units fully occupied and near zero vacancy. The current tenants enjoy being able to fish from their back yard, go boating and hiking/biking on the Rails to Trails! Month-to-Month, new owners will be able to install their own leases.

Last Agent to Sell the Property

Thomas Heil

Coldwell Banker Hearthside - Bethlehem Listed on: 04/19/2019

Coldwell Banker Hearthside - Bethlehem

Last Buyer's Agent

Eric Rothenberger

Better Homes and Gardens Real Estate Valley Partners

Better Homes and Gardens Real Estate Valley Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1890

Lot Details

  • 0.54 Acre Lot
  • Home fronts navigable water
  • Backs To Open Common Area
  • Back Yard

Home Design

  • Quadruplex
  • Side-by-Side
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • River Views
  • Basement Fills Entire Space Under The House

Parking

  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Flood Zone Lot

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer maintenance, real estate taxes, trash collection, water
  • Assessor Parcel Number 559002920286 001

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,500
  • Other Expense $4,865
  • Trash Expense $1,100
  • Operating Expense $7,465
  • Gross Income $32,220
  • Net Operating Income $24,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,215

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 4865.00
  • Year Built: 1890
  • Remarks Public: Great opportunity to own a 4-unit investment property on the Lehigh River. The property is also right next to the Rails to Trails. These features help keep these units fully occupied and near zero vacancy. The current tenants enjoy being able to fish from their back yard, go boating and hiking/biking on the Rails to Trails! Month-to-Month, new owners will be able to install their own leases.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3584
  • Living Area Sq Ft: 3584
  • Price Per Sq Ft: 86.47
  • Above Grade Finished Sq Ft: 3584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5103

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Boat Storage
  • Roof: Architectural Shingle
  • Spa: No
  • View: River
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: WHITEHALL-COPLAY
  • School District Key: 300200396651
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Flood Plain, Rear Yard, Stream/Creek, Backs - Open Common Area
  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23605.00
  • Year Assessed: 2019
  • Zoning: OS-1-OPEN SPACE-RESIDENTI

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Insurance, Repairs, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 32220.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3932321
  • School Tax: 3066.96
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4214.57
  • Assessor Parcel Number: 559002920286 001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/27/2019

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 32220.00
  • Gross Scheduled Income: 32220.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 7465.00

MLS Schools

  • School District Name: WHITEHALL-COPLAY

Range of Values:

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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
09/27/2019 09/27/19 Sold $278,000 -10.3% $78 / Sq Ft
07/09/2019 07/09/19 Price Changed $309,900 -3.1% $86 / Sq Ft
04/19/2019 04/19/19 For Sale $319,900 -- $89 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Heil

    Seller's Agent in 2019

    Thomas Heil

    Coldwell Banker Hearthside - Bethlehem

    (484) 550-2616

    88 Total Sales

    Thomas Heil
    Section Image
  • Eric Rothenberger

    Buyer's Agent in 2019

    Eric Rothenberger

    Better Homes and Gardens Real Estate Valley Partners

    (610) 730-3200

    5 in this area

    417 Total Sales

    Eric Rothenberger
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALH110940

Bright MLS

APN: 559002920286-1

Pennsylvania Lehigh County Whitehall 18052 Cementon

5103 Railroad St Unit 5109, Whitehall, PA

This home is located at 5103 Railroad St Unit 5109, Whitehall, PA 18052 since 19 April 2019. This property was built in 1890. 5103 Railroad St Unit 5109 is a home located in Lehigh County with nearby schools including George D Steckel Elementary School, Zephyr Elementary School, and Clarence M Gockley Elementary School.

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