NOT LISTED FOR SALE
13 Beds
7 Baths
6,104 Sq Ft
2,800 Sq Ft Lot

Last Sold June 14, 2022

Last sale price $740,000 $121 Per Sq Ft

36 Days on Market

About This Home

As of June 2022

Highest and Best by end of day Saturday April 23rd. Investment opportunity! 7 unit apartment building available in South Bethlehem. Fully occupied, except for one unit being renovated. Low rents lead to a great value-add for the savvy investor. Current gross income of $69,000 can be increased to an incredible $92,400 by bringing these 2 bedroom units up to market rents. Located a few blocks up from the Sands Casino in Bethlehem and minutes from major routes. Pre-approval required before showing.

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 03/23/2022

Real of Pennsylvania

Co-Listed By

John Pohl

Real of Pennsylvania

Last Buyer's Agent

Christina Trabosci

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,235

Year Built

  • Built in 1930

Lot Details

  • 2,800

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,104 Sq Ft Home
  • 3-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Balcony
  • 2,800 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number P6SE2D 4 22 0204

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,075
  • Trash Expense $1,186
  • Water Sewer Expense $3,316
  • Gross Income $69,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,235

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 82500.00
  • Stories: 3.0
  • Street Number Modifier: 903
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape
  • Bathrooms: 7
  • Full Bathrooms: 7
  • Bedrooms: 13
  • Square Footage: 6104

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1075
  • Gas: 1057
  • Trash Removal: 1186
  • Water Sewer: 3316

Lot Info

  • Acres: 0.064
  • Lot Sq Ft: 2800
  • Zoning Code: Rm-Residential

Tax Info

  • Assessor Parcel Number: P6SE2D 4 22 0204
  • County Taxes: 891.00
  • Municipal Taxes: 1579.05
  • Total Taxes: 7235.25

Multi Family

  • School Taxes: 4765.20
  • Total Units: 7
  • Total Unit Count: 7

Range of Values:

--
Value Increase
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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 Prior Sale
06/14/2022 06/14/22 Sold $740,000 -1.3% $121 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $750,000 +45.5% $123 / Sq Ft
07/13/2020 07/13/20 Sold $515,500 +3.1% $84 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $500,000 +5.3% $82 / Sq Ft
05/25/2020 05/25/20 For Sale $475,000 -- $78 / 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 $891 $82,500 $13,800 $68,700
2024 $7,292 $82,500 $13,800 $68,700
2023 $7,292 $82,500 $13,800 $68,700
2022 $7,235 $82,500 $13,800 $68,700
2021 $7,187 $82,500 $13,800 $68,700
2020 $7,118 $82,500 $13,800 $68,700
2019 $7,094 $82,500 $13,800 $68,700
2018 $6,922 $82,500 $13,800 $68,700
2017 $6,839 $82,500 $13,800 $68,700
2016 -- $82,500 $13,800 $68,700
2015 -- $82,500 $13,800 $68,700
2014 -- $82,500 $13,800 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 689776

Greater Lehigh Valley REALTORS®