NOT LISTED FOR SALE
2 Beds
1.5 Baths
2,898 Sq Ft
1,502 Sq Ft Lot

Last Sold January 22, 2016

Last sale price $90,000 $31 Per Sq Ft

41 Days on Market

About This Home

As of January 2016

Prime investment listing near Lehigh University. Property consists of two units, one commercial (large storefront, with half bath) and one residential apartment (2/1). The commercial unit is vacant and can be improved to your liking, and the apartment is two bedroom and one bath unit rented below market. Lehigh University students live next to this property and their rent per room is $530 per month! Don't miss out on this awesome student rental opportunity!

Last Agent to Sell the Property

Nick Spade

Spade Property Management Inc. License #RM424449 Listed on: 10/14/2015

Co-Listed By

Stephen Weinstein

iLehighValley Real Estate

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 1,502 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 2,898 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6SW3B 9 5 0204

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $700
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $4,900
  • Gross Income $20,400
  • Net Operating Income $13,200

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit, Mixed Use
  • County Assessment: 26900.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 2898

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 700
  • Heat: 700
  • Insurance: 1000
  • Water Sewer: 1000

Condo/Co-op/Association

  • Lawn Snow Removal: 500
  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 4900

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.034
  • Lot Sq Ft: 1502
  • Zoning Code: Rm-Residential

Tax Info

  • Assessor Parcel Number: P6SW3B 9 5 0204
  • County Taxes: 290.52
  • Municipal Taxes: 514.87
  • Total Taxes: 2377.70

Multi Family

  • School Taxes: 1572.31
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

Range of Values:

Collateral Analytics

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ICE

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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
01/22/2016 01/22/16 Sold $90,000 -18.1% $31 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $109,900 -- $38 / 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: 506947

Greater Lehigh Valley REALTORS®