NOT LISTED FOR SALE

730 Lechauweki Ave Fountain Hill, PA 18015

-- Bed
-- Bath
1,702 Sq Ft
8,599 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $381,000 $224 Per Sq Ft

7 Days on Market

Highlights

  • 0.2 Acre Lot
  • Dwelling with Rental
  • Radiator
  • Traditional Architecture

About This Home

As of March 2024

Please submit ALL OFFERS by TUESDAY at 3pm. Calling All Investors - Exceptional multi-unit property with strong cash flow that won’t last long. This established and well-maintained 3-unit property sits high on a quiet street in Fountain Hill. Unit #1 is 2bd/1ba 1st floor, 1000 sq. ft with deck and front porch. Unit #2 1bd/1ba 2nd floor 600 sq. ft. Unit #3 ground level 1 bd/1ba 400 sq. ft. 2 of 3 units fully rented, with unit two recently being vacated and now listed for rent on 12/2 with several applications already in hand. Study of market rental rates: units have an increased potential of 15%-20%. The property is moments from Major Roadways, Hospitals, Lehigh University, and Downtown Bethlehem as well as direct access to nature, long walks, and trees just a few steps from each apartment across the street in the Historic Lechauwecki Spring Park. Tenants pay for their own electricity, water, sewer, and trash. One of the owners is a PA licensed Real Estate Broker.

Last Agent to Sell the Property

Tiffany Wilten

BHHS Fox & Roach - Center Valley License #RS337395 Listed on: 12/05/2023

BHHS Fox & Roach - Center Valley

Last Buyer's Agent

Tiffany Wilten

BHHS Fox & Roach - Center Valley License #RS337395 Listed on: 12/05/2023

BHHS Fox & Roach - Center Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1945

Lot Details

  • 8,599 Sq Ft Lot
  • Lot Dimensions are 78.17 x 110.00

Parking

  • Off-Street Parking

Home Design

  • 1,702 Sq Ft Home
  • Traditional Architecture
  • Dwelling with Rental
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • 3 Units
  • Net Operating Income $32,102

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 642608498303-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,779

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: Please submit ALL OFFERS by TUESDAY at 3pm. Calling All Investors - Exceptional multi-unit property with strong cash flow that won’t last long. This established and well-maintained 3-unit property sits high on a quiet street in Fountain Hill. Unit #1 is 2bd/1ba 1st floor, 1000 sq. ft with deck and front porch. Unit #2 1bd/1ba 2nd floor 600 sq. ft. Unit #3 ground level 1 bd/1ba 400 sq. ft. 2 of 3 units fully rented, with unit two recently being vacated and now listed for rent on 12/2 with several applications already in hand. Study of market rental rates: units have an increased potential of 15%-20%. The property is moments from Major Roadways, Hospitals, Lehigh University, and Downtown Bethlehem as well as direct access to nature, long walks, and trees just a few steps from each apartment across the street in the Historic Lechauwecki Spring Park. Tenants pay for their own electricity, water, sewer, and trash. One of the owners is a PA licensed Real Estate Broker.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar, Block
  • Total Sq Ft: 1702
  • Living Area Sq Ft: 1702
  • Price Per Sq Ft: 222.68
  • Above Grade Finished Sq Ft: 1702
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 730

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BETHLEHEM AREA
  • School District Key: 300200397388
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1140
  • Lot Size Acres: 0.20
  • Lot Dimensions: 78.17 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8599.00
  • Year Assessed: 2023
  • Zoning: MHDR

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2761.00
  • Tax Annual Amount: 4779.00
  • Assessor Parcel Number: 642608498303-00001
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 1702
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/22/2024

Multi Family

  • Gross Income: 41652.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BETHLEHEM AREA

Range of Values:

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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
03/22/2024 03/22/24 Sold $381,000 +0.5% $224 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $379,000 -0.5% $223 / Sq Ft
12/06/2023 12/06/23 Off Market $381,000 -- --
12/05/2023 12/05/23 For Sale $379,000 -- $223 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tiffany Wilten

    Seller's Agent in 2024

    Tiffany Wilten

    BHHS Fox & Roach

    (615) 739-3327

    2 in this area

    65 Total Sales

    Tiffany Wilten
    Section Image
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Map

Source: Bright MLS

MLS Number: PALH2007412

Bright MLS

APN: 642608498303-1

Pennsylvania Lehigh County Fountain Hill 18015

730 Lechauweki Ave, Fountain Hill, PA

This home is located at 730 Lechauweki Ave, Fountain Hill, PA 18015 since 05 December 2023. This property was built in 1945. 730 Lechauweki Ave is a home located in Lehigh County with nearby schools including Fountain Hill Elementary School, Broughal Middle School, and Liberty High School.

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