NOT LISTED FOR SALE
5 Beds
3 Baths
2,667 Sq Ft
4,356 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $315,008 $118 Per Sq Ft

24 Days on Market

About This Home

As of July 2023

Calling all investors. Established, well-maintained 3-unit property with long-term tenants and excellent payment history. Property is located in the sought-after borough of Fountail Hill, only blocks away from St. Lukes Bethlehem campus with lots of health care professionals. The property has been meticulously maintained and passed borough inspection in 2021. The property has a 1 one-bedroom unit and 2 two-bedroom units and a newer construction of 3-car detached garages. All utility is separated. Tenant pays all utilities except water, sewer and taxes. Unit 3 is freshly painted with wall storage unit installed. New hot water heater is installed in unit 1 in January 2023. New flooring installed in bathroom. Owner put in over $30000 of improvement over the last 5 years. The building has updated 200Am electrical system with low maintenance electrical heat. All three units and garages have long term tenants who intend to stay. Cap rate over 10%. Selling as is.

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 04/27/2023

Last Buyer's Agent

Jonathan Miller

RE/MAX Real Estate

RE/MAX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 35x120
  • Property is zoned MHDR

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2.5-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 642732750226 001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Cable
  • County Assessment: 143200.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1896
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 3

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 900
  • Water Sewer: 1600

Condo/Co-op/Association

  • Lawn Snow Removal: 150
  • Management: 3000

Fee Information

  • Operating Expense: 1000

Schools

  • School District: Bethlehem

Lot Info

  • Lot Dimensions: 35x120
  • Zoning Code: MHDR

Tax Info

  • Assessor Parcel Number: 642732750226 001
  • County Taxes: 541.30
  • Municipal Taxes: 1376.15
  • Total Taxes: 4540.87

Multi Family

  • School Taxes: 2623.42
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Bethlehem

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

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $315,008 -4.3% $118 / Sq Ft
06/30/2023 06/30/23 For Sale $329,000 0.0% $123 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $329,000 +4.4% $123 / Sq Ft
05/17/2023 05/17/23 Off Market $315,008 -- --
05/16/2023 05/16/23 For Sale $329,000 0.0% $123 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/02/2023 05/02/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $329,000 +135.0% $123 / Sq Ft
04/22/2016 04/22/16 Sold $140,000 -11.9% $52 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $159,000 -- $60 / 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: 716478

Greater Lehigh Valley REALTORS®

APN: 642732750226-1