$375,000
SOLD MAR 21, 2025

650 E Broad St Quakertown, PA 18951

-- Bed
-- Bath
2,794 Sq Ft
1920 Built

Recently Sold

$134 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • Carpet
  • 3 Car Detached Garage
  • Hot Water Heating System

About This Home

As of March 2025

Strong performing triplex (3-unit) in Quakertown Borough. This is a detached building which consists of two, semi-detached units (twins) on one tax parcel. Includes one 2-bedroom unit (multi-floor known as #652) on the left side which is currently rented at $1050/month, mth-to-mth lease. Tenant pays all utilities. The right side includes, two, 1-bedroom units (known as #650) leased at $750/month each ($1500 total, mth-to-mth leases). Also includes a three-car detached garage with additional off-street parking (included for tenants). Large open and level site. Two gas boilers (FHW). Separate electric meters for all units. Water, sewer, gas separate on the 2-bedroom side (#652); Shared and divided between the #650 side/units. Tenants pay all utilities and/or reimburse for all utilities.

Last Agent to Sell the Property

Dennis Lawrence

Narrow Gate Real Estate LLC License #RM422466 Listed on: 02/11/2025

Last Buyer's Agent

Christine Jasinski

Sterling Realty & Property Management, LLC License #2559013

Sterling Realty & Property Management, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 99.00 x 203.00
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Driveway Spaces
  • Alley Access
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,794 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Schools

  • Richland Elementary School
  • Strayer Middle School
  • Quakertown Community Senior High School

Utilities

  • Central Heating
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer maintenance, real estate taxes
  • Tax Lot 175
  • Assessor Parcel Number 35-011-175

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,772
  • Maintenance Expense $500
  • Operating Expense $4,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,942

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Property (Refrigerators, washers, dryers)
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Strong performing triplex (3-unit) in Quakertown Borough. This is a detached building which consists of two, semi-detached units (twins) on one tax parcel. Includes one 2-bedroom unit (multi-floor known as #652) on the left side which is currently rented at $1050/month, mth-to-mth lease. Tenant pays all utilities. The right side includes, two, 1-bedroom units (known as #650) leased at $750/month each ($1500 total, mth-to-mth leases). Also includes a three-car detached garage with additional off-street parking (included for tenants). Large open and level site. Two gas boilers (FHW). Separate electric meters for all units. Water, sewer, gas separate on the 2-bedroom side (#652); Shared and divided between the #650 side/units. Tenants pay all utilities and/or reimburse for all utilities.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2794
  • Living Area Sq Ft: 2794
  • Price Per Sq Ft: 137.80
  • Above Grade Finished Sq Ft: 2794
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 650-652

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Alley, Detached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Baseboard - Hot Water, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: RICHLAND
  • Middle School: STRAYER
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397165
  • School District Source: 3rd Party
  • Elementary School: RICHLAND
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Middle Or Junior School: STRAYER

Lot Info

  • Land Use Code: 1023
  • Lot Dimensions: 99.00 x 203.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: MR
  • Zoning Description: Medium Density Residential

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Insurance, Repairs, Sewer Maintenance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 30600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 4270.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4942.00
  • Assessor Parcel Number: 35-011-175
  • Tax Lot: 175
  • Tax Total Finished Sq Ft: 2794
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 03/21/2025

Multi Family

  • Gross Income: 30600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4942.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 14, 2025
Sold by
Haring Jeffrey R
Bought by
Jasinski Raucher Llc
Seller's Agent
Dennis Lawrence
Narrow Gate Real Estate LLC
Buyer's Agent
Christine Jasinski
Sterling Realty & Property Management, LLC
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Views
65
Current Estimated Value
$385,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,494
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Dec 15, 2023
Sold by
Haring Jeffrey R and Austin Thomas C
Bought by
Haring Jeffrey R

Purchase Details

Closed on
Oct 27, 1982
Sold by
Fosbenner Henry L and Fosbenner Dorothy S
Bought by
Haring Jeffrey R and Austin Thomas C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 Fidelity Abstract
Deed $243,000 Pride Abstract & Settlement Se
Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $375,000 -2.6% $134 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $385,000 -- $138 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,992 $24,800 $5,200 $19,600
2023 $4,942 $24,800 $5,200 $19,600
2022 $4,858 $24,800 $5,200 $19,600
2021 $4,858 $24,800 $5,200 $19,600
2020 $4,858 $24,800 $5,200 $19,600
2019 $4,724 $24,800 $5,200 $19,600
2018 $4,559 $24,800 $5,200 $19,600
2017 $4,418 $24,800 $5,200 $19,600
2016 $4,418 $24,800 $5,200 $19,600
2015 -- $24,800 $5,200 $19,600
2014 -- $24,800 $5,200 $19,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2087586

Bright MLS

APN: 35-011-175