NOT LISTED FOR SALE
8 Beds
8 Baths
-- Sq Ft
1,568 Sq Ft Lot

Last Sold June 19, 2018

Last sale price $600,000

35 Days on Market

Highlights

  • Commercial or Retail Space
  • Forced Air Heating System
  • 6 Car Garage
  • Attic Fan
  • Hot Water Heating System

About This Home

As of June 2018

$73,000+ GROSS ANNUAL INCOME ~ 8 UNIT MIXED USE INVESTMENT PROPERTY PLUS ATTACHED 6 CAR GARAGE ~ 4 RESIDENTIAL UNITS / 4 COMMERCIAL UNITS ~ ALSO INCLUDES SEPARATELY DEEDED 9 CAR PARKING LOT, SECURED AND FULLY RENTED ~ ACTIVELY MANAGED AND MAINTAINED BY LONG TERM OWNER ~ TURN KEY INVESTMENTS ~ SOUTH BETHLEHEM HISTORICAL DISTRICT. Turn key investments, long term property owner has actively managed and maintained this mixed use portfolio which consists of 703 E 4th St, 705 E 4th St and 709 E 4th st. Long term commercial tenants include a salon (11+ year tenant), City of Bethlehem Police sub station (10+ year tenant), notary (3+ year tenant). Come and get in on the ground floor of the South Bethlehem development movement!

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 01/22/2018

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,190

Year Built

  • Built in 1920

Lot Details

  • Property is zoned Cg

Parking

  • 6 Car Garage

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms

Attic

  • Attic Fan

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 8 Units
  • Gross Income $77,280

Property Details

Property Type

Other

Est. Annual Taxes

$11,190

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Complex
  • County Assessment: 126600.00
  • Street Number Modifier: 709
  • 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

  • Bathrooms: Semi Modern
  • Bathrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Bedrooms: 8

Exterior Features

  • Construction: Aluminum, Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 6

Utilities

  • Cooling: Attic Fan, Window AC
  • Heat Type: Forced Air, Gas, Hot Water
  • Sewer: Public
  • Water: Public

Lot Info

  • Zoning Code: Cg

Tax Info

  • Assessor Parcel Number: 0000000000
  • County Taxes: 1367.28
  • Municipal Taxes: 2423.12
  • Total Taxes: 11190.17

Multi Family

  • School Taxes: 7399.77
  • Total Units: 8

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jun 19, 2018
Sold by
Calixto Louis and Calixto Brunilda
Bought by
Lin Hong Deng and Chen Mei Juan
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$320,704
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1994
Bought by
Calixto Louis M and Calixto Brunilda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Lin Hong Deng $600,000 Grateful Abstract Llc
Calixto Louis M $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hong Deng $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2018 06/19/18 Sold $600,000 0.0% --
02/26/2018 02/26/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $600,000 -- --
Source: Greater Lehigh Valley REALTORS®

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
2025 $383 $35,500 $13,200 $22,300
2024 $3,138 $35,500 $13,200 $22,300
2023 $3,138 $35,500 $13,200 $22,300
2022 $3,113 $35,500 $13,200 $22,300
2021 $3,092 $35,500 $13,200 $22,300
2020 $3,063 $35,500 $13,200 $22,300
2019 $3,053 $35,500 $13,200 $22,300
2018 $2,978 $35,500 $13,200 $22,300
2017 $2,943 $35,500 $13,200 $22,300
2016 -- $35,500 $13,200 $22,300
2015 -- $35,500 $13,200 $22,300
2014 -- $35,500 $13,200 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 567515

Greater Lehigh Valley REALTORS®

APN: P6SE2A-10-24-0204