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

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,726 $124,100 $4,800 $119,300
2024 $12,205 $124,100 $4,800 $119,300
2023 $11,958 $124,100 $4,800 $119,300
2022 $12,036 $124,100 $4,800 $119,300
2021 $12,036 $124,100 $4,800 $119,300
2020 $11,850 $124,100 $4,800 $119,300
2019 $11,168 $124,100 $4,800 $119,300
2018 $11,044 $124,100 $4,800 $119,300
2017 $11,044 $124,100 $4,800 $119,300
2016 -- $124,100 $4,800 $119,300
2015 -- $124,100 $4,800 $119,300
2014 -- $124,100 $4,800 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Doug Frederick

    Seller's Agent in 2014

    Doug Frederick

    HowardHanna TheFrederickGroup

    (610) 360-4993

    240 Total Sales

    Doug Frederick
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 447314

Greater Lehigh Valley REALTORS®
Pennsylvania Carbon County Nesquehoning 18240

90 E Catawissa St, Nesquehoning, PA

Not Listed for Sale

MultiFamily

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