$1,200,000
SOLD JAN 31, 2025
12 Beds
6 Baths
4,089 Sq Ft
1,984 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

4% Below List Price

12 Days on Market

About This Home

As of January 2025

**Key Features of the Property** 1. **Prime Location**: - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. **Unique Layout**: - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. **Strong Financials**: - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. **Low Maintenance**: - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. **Additional Revenue Potential**: - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. **Ready for Sale**: - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.

Last Agent to Sell the Property

Frank Rinaldi

CENTURY 21 Pinnacle License #AB069017 Listed on: 11/27/2024

CENTURY 21 Pinnacle

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty License #RM423820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1900

Lot Details

  • 1,984 Sq Ft Lot
  • Property is zoned CB

Interior Spaces

  • 4,089 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number P6NE1A 22 11 0204

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 55300.00
  • Stories: 3.0
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 12
  • Square Footage: 4089

Exterior Features

  • Construction: Aluminum

Utilities

  • Cooling: Window ACs
  • Heat Type: Electric, Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 1100
  • Insurance: 3200
  • Trash Removal: 2160
  • Water Sewer: 2500

Condo/Co-op/Association

  • Lawn Snow Removal: 300
  • Maintenance Repair: 3265
  • Management: 6650

Fee Information

  • Operating Expense: 23876

Lot Info

  • Acres: 0.046
  • Lot Sq Ft: 1984
  • Zoning Code: CB

Tax Info

  • Assessor Parcel Number: P6NE1A 22 11 0204
  • County Taxes: 597.24
  • Municipal Taxes: 1086.09
  • Total Taxes: 5000.78

Multi Family

  • School Taxes: 3317.45
  • Total Units: 6
  • Total Unit Count: 6

MLS Schools

  • School District: Bethlehem

Range of Values:

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Percent Increase
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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 List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $1,200,000 -4.0% $293 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $1,250,000 -- $306 / 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: 749221

Greater Lehigh Valley REALTORS®