$128,000
SOLD NOV 21, 2014
3 Beds
2 Baths
1,568 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

9% Below List Price

38 Days on Market

Highlights

  • Ceiling Fan
  • 1 Car Garage
  • 3-minute walk to Higbee Playground
  • Baseboard Heating

About This Home

As of March 2024

Well maintained West Bethlehem 2 Unit that has been cared for meticulously by its current owner for 30 plus years! This brick twin sits on a corner lot with off street parking and a 1 car garage currently used by the 1st floor tenant. The lowel level unit is currenlty occupied by a long term tenant of 20 +/- years. Apartment 1 offers hardwood flooring, lower level storage with outside access, a one car garage, modern bathroom and a completely remodeled kitchen. The second floor unit features 2 bedrooms, beautiful hardwood floors, a modern bathroom and a remodeled kitchen. This property will be conveyed to its new owner with a clear Bethlehem C/O and offers the savvy investor a complete turnkey investment. At 20% down this property is currently at a 20% ROI and a 9.31% CAP Rate!! This property is one that will definitely impress and will make a great addition to your portfolio or would make the perfect first time investment purchase!!

Last Agent to Sell the Property

Chip Schmoyer

Iron Valley Real Estate Legacy Listed on: 09/02/2014

Iron Valley Real Estate Legacy

Last Buyer's Agent

Michael Gensey

DKR Property Mgmt & Maint LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1927

Parking

  • 1 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 642726558931001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $882
  • Water Sewer Expense $864
  • Operating Expense $7,047
  • Gross Income $17,820
  • Net Operating Income $11,213

Townhouse Details

Home Type

Townhome

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 134900.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1927
  • Supplement Modification Ti: 2014-09-03
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1568

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 240
  • Gas: 286
  • Heat: 1060
  • Insurance: 882
  • Water Sewer: 864

Fee Information

  • Operating Expense: 7047

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Rt

Tax Info

  • Assessor Parcel Number: 642726558931001
  • County Taxes: 509.92
  • Municipal Taxes: 816.15
  • Total Taxes: 3797.44

Multi Family

  • School Taxes: 2471.37
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

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
03/21/2024 03/21/24 Sold $307,000 +2.4% $196 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $299,900 +134.3% $191 / Sq Ft
11/21/2014 11/21/14 Sold $128,000 -8.5% $82 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $139,900 -- $89 / 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: 480221

Greater Lehigh Valley REALTORS®

APN: 642726558931-1