NOT LISTED FOR SALE

651 Main St Tobyhanna, PA 18466

-- Bed
-- Bath
5,490 Sq Ft
0.27 Acres

Last Sold January 10, 2022

Last sale price $925,000 $168 Per Sq Ft

52 Days on Market

About This Home

As of January 2022

Multifamily investment for sale in Tobyhanna. The two-building package includes 11 units and has been recently renovated including new roofs, laundry rooms, and remodeling of most units. Proximity to major area employers including Tobyhanna Army Depot, Walmart Distribution Center, Sanofi, and Kalahari Resorts. Fully occupied investment.

Last Agent to Sell the Property

Robert Velez

KW Commercial - Northampton License #RS330967 Listed on: 08/09/2021

KW Commercial - Northampton

Last Buyer's Agent

james reardon

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1902

Lot Details

  • 0.27 Acre Lot

Parking

  • Unpaved Parking

Home Design

  • Frame Construction

Interior Spaces

  • 5,490 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 03634701166764

Community Details

Overview

  • 11 Units

Building Details

  • Operating Expense $36,123
  • Gross Income $123,420
  • Net Operating Income $87,296

Property Details

Home Type

Apartment

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 145910.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Square Footage: 5490

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Unpaved Lot

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Septic
  • Water: Public

Fee Information

  • Operating Expense: 36123

Schools

  • School District: Pocono Mountain

Lot Info

  • Acres: 0.270
  • Lot Sq Ft: 11761
  • Zoning Code: C-3

Tax Info

  • Assessor Parcel Number: 03634701166764

Multi Family

  • Total Units: 11

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Change Sq Ft Price
01/10/2022 01/10/22 Sold $925,000 -15.9% $168 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,100,000 +400.0% $200 / Sq Ft
10/09/2020 10/09/20 Sold $220,000 +10.6% $81 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
04/26/2019 04/26/19 For Sale $198,926 -- $73 / 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: 676203

Greater Lehigh Valley REALTORS®