NOT LISTED FOR SALE
5 Beds
5 Baths
2,568 Sq Ft
4,561 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $218,000 $85 Per Sq Ft

59 Days on Market

Highlights

  • Baseboard Heating
  • 6 Car Garage
  • Satellite Dish

About This Home

As of March 2013

This 5 unit building has attractive revenue and is fully occupied. The property has ample parking and offers significant recent renovations of its apartment units. The building has had its roof and water heater replaced within the last three years! Two 2 bedroom apartments, Two 1 bedroom apartments and 1 efficiency unit.
Tenants pay heat, electric and hot-water. Owner pays for cold water, sewer and trash.

Last Agent to Sell the Property

Stephen Weinstein

iLehighValley Real Estate Listed on: 12/18/2012

Co-Listed By

Robert Inselmann

IronValley RE of Lehigh Valley License #AB066154

Last Buyer's Agent

Roy Sjolund

BHHS Fox & Roach Bethlehem

BHHS Fox & Roach Bethlehem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1920

Lot Details

  • 4,561 Sq Ft Lot
  • Lot Dimensions are 60x80

Parking

  • 6 Car Garage

Home Design

  • Converted Dwelling
  • Stucco Exterior

Interior Spaces

  • 2,568 Sq Ft Home
  • 2.5-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 642739120965001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $20
  • Insurance Expense $600
  • Maintenance Expense $800
  • Trash Expense $480
  • Water Sewer Expense $360
  • Operating Expense $2,240
  • Gross Income $36,000
  • Net Operating Income $33,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • Technology: Cable, Satellite
  • County Assessment: 45900.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Square Footage: 2568

Exterior Features

  • Construction: Stucco

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 20
  • Insurance: 600
  • Trash Removal: 480
  • Water Sewer: 360

Condo/Co-op/Association

  • Maintenance Repair: 800

Fee Information

  • Operating Expense: 2240

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.105
  • Lot Dimensions: 60x80
  • Lot Sq Ft: 4561
  • Zoning Code: RT-Residential

Tax Info

  • Assessor Parcel Number: 642739120965001
  • County Taxes: 173.50
  • Municipal Taxes: 277.70
  • Total Taxes: 1292.09

Multi Family

  • School Taxes: 840.89
  • Total Units: 5
  • Total Unit Count: 5

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 List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $218,000 -11.0% $85 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $245,000 -- $95 / 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: 442297

Greater Lehigh Valley REALTORS®