NOT LISTED FOR SALE

90 E Catawissa St Nesquehoning, PA 18240

-- Bed
-- Bath
9,990 Sq Ft
-- Built

Last Sold May 07, 2014

Last sale price $550,000 $55 Per Sq Ft

246 Days on Market

About This Home

As of May 2014

Terrific investment opportunity! Former school building renovated into 32 apartments including 28 1-BR & 4 efficiency units. Landlord pays heat, water, sewer, & trash removal. Tenant pays electric, cable & phone. On and off-street parking. Excellent location just minutes to Jim Thorpe, Tamaqua, Lehighton as well as outdoor recreation. Gross income $179,000+, plus additional income of 10,520 from on-site laundry facility, and senior center. This is a great income producing property!

Last Agent to Sell the Property

Doug Frederick

HowardHanna TheFrederickGroup Listed on: 03/21/2013

HowardHanna TheFrederickGroup

Last Buyer's Agent

Doug Frederick

HowardHanna TheFrederickGroup Listed on: 03/21/2013

HowardHanna TheFrederickGroup

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,566

Home Design

  • 9,990 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 16 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 105B1-41-G16

Community Details

Overview

  • 32 Units

Building Details

  • Electric Expense $8,156
  • Insurance Expense $8,114
  • Maintenance Expense $21,063
  • Other Expense $1,626
  • Trash Expense $4,476
  • Water Sewer Expense $19,624
  • Operating Expense $113,398
  • Gross Income $179,253
  • Net Operating Income $65,855

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,566

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 124100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Square Footage: 9990

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 16

Utilities

  • Cooling: No Air
  • Heat Type: Hot Water, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 8156
  • Gas: 8156
  • Heat: 39308
  • Insurance: 8114
  • Trash Removal: 4476
  • Water Sewer: 19624

Condo/Co-op/Association

  • Lawn Snow Removal: 1465
  • Maintenance Repair: 21063

Fee Information

  • Operating Expense: 113398

Schools

  • School District: Panther Valley

Lot Info

  • Zoning Code: GC

Rental Info

  • Other Expenses: 1626

Tax Info

  • Assessor Parcel Number: 105B1-41-G16
  • County Taxes: 855.42
  • Municipal Taxes: 1799.45
  • Total Taxes: 9566.00

Multi Family

  • School Taxes: 6911.13
  • Total Units: 32

Range of Values:

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ICE

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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
05/07/2014 05/07/14 Sold $550,000 -12.0% $55 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $625,000 -- $63 / 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: 447314

Greater Lehigh Valley REALTORS®