NOT LISTED FOR SALE

771 Blakeslee Boulevard Dr E Lehighton, PA 18235

-- Bed
-- Bath
12,690 Sq Ft
1.03 Acres

Last Sold March 31, 2022

Last sale price $1,000,000 $79 Per Sq Ft

39 Days on Market

Highlights

  • Commercial or Retail Space
  • Central Air
  • Heating Available

About This Home

As of March 2022

Cash flowing, multi-tenant professional/ medical office center investment property for immediate sale! Property consists of two renovated building structures with ample parking on 1 acre of land along heavily traveled Blakeslee Blvd (Rt 443). Property is extremely well positioned and very versatile from an ownership stand point. Leases can be extended or an owner occupant scenario is feasible.

Building 1- is 100% occupied and current Tenants include:
St. Luke's Hospice, ReDCo Group Behavorial Health, Allstate Insurance, and PYT Insurance.

Building 2- is 100% Occupied and current Tenants include:
Schwab Law, Comfort Keepers, Beltone Audiology, Pocono Counties WIA , and Carbon County Bar Association.

Call to discuss financial information for this very unique investment opportunity!

Last Agent to Sell the Property

James Balliet

Keller Williams Allentown Listed on: 12/03/2021

Keller Williams Allentown

Last Buyer's Agent

James Balliet

Keller Williams Allentown Listed on: 12/03/2021

Keller Williams Allentown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,878

Year Built

  • Built in 1975

Lot Details

  • 1.03 Acre Lot

Home Design

  • Commercial or Retail Space
  • Stucco Exterior

Interior Spaces

  • 12,690 Sq Ft Home
  • 3-Story Property

Parking

  • 40 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 84-35-C23A

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $4,600
  • Insurance Expense $5,400
  • Maintenance Expense $5,233
  • Other Expense $2,352
  • Trash Expense $1,053
  • Water Sewer Expense $2,400
  • Operating Expense $64,891
  • Gross Income $156,863
  • Net Operating Income $91,971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,878

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 332725.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Square Footage: 12690

Exterior Features

  • Construction: Stucco

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 40

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 4600
  • Insurance: 5400
  • Trash Removal: 1053
  • Water Sewer: 2400

Condo/Co-op/Association

  • Lawn Snow Removal: 18960
  • Maintenance Repair: 5233

Fee Information

  • Operating Expense: 64891

Schools

  • School District: Lehighton

Lot Info

  • Acres: 1.030
  • Lot Sq Ft: 44867
  • Zoning Code: C

Rental Info

  • Other Expenses: 2352

Tax Info

  • Assessor Parcel Number: 84-35-C23A
  • County Taxes: 4075.00
  • Municipal Taxes: 2246.00
  • Total Taxes: 23878.00

Multi Family

  • School Taxes: 17557.00
  • Total Units: 9

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $1,000,000 -9.1% $79 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $1,100,000 -- $87 / 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: 684086

Greater Lehigh Valley REALTORS®