NOT LISTED FOR SALE
8 Beds
5 Baths
6,092 Sq Ft
0.36 Acres

Last Sold April 13, 2017

Last sale price $235,000 $39 Per Sq Ft

66 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of April 2017

Own a piece of Northwestern history; the old Germansville Hotel has been converted to a 3-unit investment property and updated over recent years. Now is your chance to make it YOUR investment! All three units offer 2 floors of living space and are about 1800 square feet each. Unit A has 2 bedrooms plus a loft and 1.5 baths, Unit B has 3 bedrooms and 1.5 baths, and Unit C has 3 bedrooms and one full bath. Unit C is currently vacant, which makes for a great owner-occupied situation, if desired. Each unit has its own basement with laundry hookup. Units A and B also offer attic storage. All of the units have great closet space. Off-street parking spaces for each home and 4 common spaces. Units A and B have a front porch and C has a side porch off the kitchen. Updated 3-unit sand mound septic system; shared well. Metal roof. Approximately 10% CAP rate is possible. Don't miss this opportunity!

Last Agent to Sell the Property

Heather Kramer

BHHS Fox & Roach Macungie Listed on: 11/30/2016

BHHS Fox & Roach Macungie

Co-Listed By

Mick Seislove

BHHS Fox & Roach Macungie

Last Buyer's Agent

Lynda Kapec

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1900

Lot Details

  • 0.36

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 6,092 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 10 Parking Spaces
  • Unpaved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 553044883726001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Trash Expense $636
  • Operating Expense $200
  • Gross Income $31,000
  • Net Operating Income $23,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,633

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted
  • County Assessment: 238500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bedrooms: 8
  • Square Footage: 6092

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 10

Utilities

  • Cooling: Ceiling Fan, No Air, Wall AC
  • Heat Type: Baseboard, Oil
  • Sewer: Septic
  • Water: Well
  • Insurance: 1500
  • Trash Removal: 636

Condo/Co-op/Association

  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 200

Schools

  • School District: Northwestern Lehigh

Lot Info

  • Zoning Code: Rv

Tax Info

  • Assessor Parcel Number: 553044883726001
  • County Taxes: 901.53
  • Municipal Taxes: 357.75
  • Total Taxes: 5633.13

Multi Family

  • School Taxes: 4373.85
  • Total Units: 3
  • Total Unit Count: 3

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 Change Sq Ft Price
04/13/2017 04/13/17 Sold $235,000 -6.0% $39 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $250,000 -- $41 / 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: 535154

Greater Lehigh Valley REALTORS®

APN: 553044883726-1