NOT LISTED FOR SALE

704 E Philadelphia Ave Boyertown, PA 19512

-- Bed
-- Bath
3,000 Sq Ft
7,405 Sq Ft Lot

Last Sold January 16, 2024

Last sale price $221,500 $74 Per Sq Ft

60 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Ramp on the main level
  • Victorian Architecture
  • Porch
  • Central Air

About This Home

As of January 2024

Attractive, Mixed-Use 2-Unit Investment Property in Prime location. Positioned on Boyertown's main thoroughfare of E. Philadelphia Ave, this impressive 3000+ SF Victorian has served as an optometrist office for over 30 years. The business's relocation opens up an opportunity for a new business venture or the possibility of conversion of the existing office space to a residential use in the General Residential/Office Zoning District. Greet visitors on the deep front porch and through arched top double doors. The expansive ground level currently includes a welcoming waiting room with hardwood flooring and impressive marble ornamental fireplace, spacious reception area, several work areas, office/exam rooms, kitchenette, 1.5 bathrooms, and a large meeting/work room. Boasting high ceilings, ornate woodwork, vintage doorways and staircase, the building has lots of character and architectural charm. A large second floor apartment, accessed by back stairs and a bright side porch, features an oversized eat-in kitchen , living room, bedroom, and bathroom/laundry room. The 3rd floor provides expansion opportunities. The back parking area accommodates about 6 cars. There is also a one car detached garage. Recently updated electrical service panels. Newer roof. Central Air to office. Great location in Boyertown - a charming town with unique shops, distinctive eateries, museums, historic movie theater, and the popular Colebrookdale tourist Railroad. This impressive, high-visibility, mixed-use property offers a great investment opportunity.

Last Agent to Sell the Property

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 09/05/2023

Last Buyer's Agent

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 09/05/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,405

Parking

  • 1 Car Detached Garage
  • 6 Open Parking Spaces
  • Rear-Facing Garage
  • Parking Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Shingle Roof
  • Rubber Roof
  • Aluminum Siding
  • Stucco

Interior Spaces

  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Powered By Leased Propane
  • Heating System Uses Steam
  • Electric Water Heater

Additional Features

  • Ramp on the main level
  • Porch
  • 7,405 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 5552
  • Assessor Parcel Number 33-5396-05-19-5552

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Exclusions: office equipment and displays
  • Inclusions: washer, dryer, and refrigerator in apartment
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Wood
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 3380
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 83.30
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Unfinished Sq Ft: 380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding, Stucco
  • Roof: Rubber, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Parking Lot, Detached Garage
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BOYERTOWN AREA
  • School District Key: 300200397307
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4119
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2023
  • Zoning: GR/O
  • Zoning Description: General Residential / Office

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4353.00
  • Tax Annual Amount: 6724.00
  • Assessor Parcel Number: 33-5396-05-19-5552
  • Tax Lot: 5552
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/16/2024

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: BOYERTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 16, 2024
Sold by
Tribbett James Allen
Bought by
Oconnor Investment Company Llc
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Brian Kelly
Kelly Real Estate, Inc.
List Price
$275,000
Sold Price
$221,500
Premium/Discount to List
-$53,500
-19.45%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
1.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 1983
Bought by
Tribbett James Allen
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Oconnor Investment Company Llc $221,500 None Listed On Document
Tribbett James Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Investment Company Llc $393,000
Closed Oconnor Investment Company Llc $225,000
Previous Owner Tribbett James Allen $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $221,500 -11.4% $74 / Sq Ft
09/22/2023 09/22/23 Price Changed $249,900 -9.1% $83 / Sq Ft
09/05/2023 09/05/23 For Sale $275,000 -- $92 / 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
2025 $2,809 $145,500 $80,000 $65,500
2024 $7,013 $145,500 $80,000 $65,500
2023 $6,724 $145,500 $80,000 $65,500
2022 $6,532 $145,500 $80,000 $65,500
2021 $6,307 $145,500 $80,000 $65,500
2020 $6,159 $145,500 $80,000 $65,500
2019 $5,924 $145,500 $80,000 $65,500
2018 $5,677 $145,500 $80,000 $65,500
2017 $5,497 $145,500 $80,000 $65,500
2016 $1,855 $145,500 $80,000 $65,500
2015 $1,855 $145,500 $80,000 $65,500
2014 $1,784 $145,500 $80,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2033978

Bright MLS

APN: 33-5396-05-19-5552