NOT LISTED FOR SALE
12 Beds
6 Baths
4,089 Sq Ft
1,984 Sq Ft Lot

Sale Details

Date Sold: January 31, 2025

Last sale price $1,200,000 $293 Per Sq Ft

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 Renaldi

The Real Estate Firm&PropMngmt License #RM426277 Listed on: 11/27/2024

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

1,984 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
Frank Renaldi
The Real Estate Firm&PropMngmt
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0672%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.027%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Steel Abstract
$250,000 None Available
$130,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Previous Owner $200,000
Previous Owner $400,000
Closed $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $597 $55,300 $13,000 $42,300
2025 $597 $55,300 $13,000 $42,300
2024 $4,888 $55,300 $13,000 $42,300
2023 $4,888 $55,300 $13,000 $42,300
2022 $4,850 $55,300 $13,000 $42,300
2021 $4,817 $55,300 $13,000 $42,300
2020 $4,771 $55,300 $13,000 $42,300
2019 $4,755 $55,300 $13,000 $42,300
2018 $4,640 $55,300 $13,000 $42,300
2017 $4,584 $55,300 $13,000 $42,300
2016 -- $55,300 $13,000 $42,300
2015 -- $55,300 $13,000 $42,300
2014 -- $55,300 $13,000 $42,300
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®
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