1306 E 4th St

9,300 Sq. Ft.
$98 / Sq. Ft.
9,300
Sq. Ft.
$98
per Sq. Ft.

Description

This blue chip, cash flowing property would be a stand out in any investors portfolio. The building was part of a program that gutted old buildings to create modern apartment buildings. It is a low maintenance, purpose built 6 unit and not a cut up, converted house. 3 2-Bedrooms and 3 3-Bedroom units on 3 floors, 2 units per floor. Modern wiring, plumbing and drywall construction. The units are nicely sized and comfortable. Electric baseboard heat is paid for by the tenants. Tenants also pay a trash...This blue chip, cash flowing property would be a stand out in any investors portfolio. The building was part of a program that gutted old buildings to create modern apartment buildings. It is a low maintenance, purpose built 6 unit and not a cut up, converted house. 3 2-Bedrooms and 3 3-Bedroom units on 3 floors, 2 units per floor. Modern wiring, plumbing and drywall construction. The units are nicely sized and comfortable. Electric baseboard heat is paid for by the tenants. Tenants also pay a trash fee. Most units rents are below market. The basement is a blank canvas awaiting income generating additions like storage units for tenants and coin-op laundry. Off street parking in rear using the properties dedicated parking lot. Minutes from Wind Creek Casino and the Steel Stacks. Nice views of the revitalized South Side of Bethlehem from the units. Close to I78 and Rt22. You don't want to miss out on this unique property.
  1. Listed by Eric T. Luckenbach • Keystone Prop Mngmnt&Maint LLC
    P: (610)-432-1553 C: (610)-432-1553 eluckykpmm@gmail.com

Property Details for 1306 East 4th Street

Senior Community
No
Subdivision Name
Not in Development
LISTING UPDATED: 07/12/2024 02:03 PM

Property Details for 1306 East 4th Street

StatusClosed
MLS #736751
Days on Market16
Pet Policy-
Taxes$11,080 / year
HOA Fees-
Condo/Co-op Fees$1,000 semi-monthly
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1925
CountyNorthampton County

Location

Listing Courtesy of Keystone Prop Mngmnt&Maint LLC

Sold By Keller Williams Real Estate

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Building Information for 1306 East 4th Street

Building/Complex1306 E 4th StFloor-Stories4Residences6Pet Policy-Pet Policy Details-Year Built1925Building Size-

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$7,458 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,535

Property Taxes

$923

HOA Dues

$2,000

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Property Information for 1306 East 4th Street

Summary
Location and General Information
  • Country Subdivision: 42095
  • Cross Street: Ripley St
  • Directions: From 378 South take 2nd St Exit. Go through first light and take a left at second light onto 4th St. Go about 1.5 miles. Building on right.
  • Latitude: 40.611217
  • Longitude: -75.355811
  • MLS Area Major: Bethlehem-South
  • Zoning: Rm-Residential
Taxes and HOA
  • Parcel Number: P7SW1A 5 16 0204
  • Tax Annual Amount: $11,080
  • Tax Assessed Value: $125,000
School Information
  • Elementary School District: Bethlehem
  • High School District: Bethlehem
  • Middle Or Junior School District: Bethlehem
Parking
  • Parking Total: 4.0
Property
Lot Information
  • Living Area: 9300.0
  • Lot Size Acres: 0.154
  • Lot Size Area: 6713.0
  • Lot Size Dimensions: 48x131
  • Lot Size Square Feet: 6713.0
Property and Assessments
  • Year Built: 1925
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 15
  • Cooling: No
  • Heating: Yes
  • Stories: 4
  • Stories Total: 4
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $650.00
  • Fuel Expense: $.00
  • Gardener Expense: $200.00
  • Gross Income: $92,820
  • Insurance Expense: $3,600.00
  • Maintenance Expense: $1,000.00
  • Net Operating Income: $73,983
  • Operating Expense: $19,557.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $2,200.00
  • Water Sewer Expense: $2,250.00
Unit Information
Unit 2
  • Unit Type Total Rent: $6.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 2.0
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $3.00
  • Unit Type Num Full Baths: 1320
  • Unit Type Occupant Type: 4
Unit 5
  • Unit Type Unit Num: 2
  • Unit Type Furnished: Occupied
  • Unit Type Lease Expires: 12-31-1969 07:00:01 PM
  • Unit Type Num Full Baths: 3
Unit 6
  • Unit Type Pro Forma: 1
  • Unit Type Total Rent: $3.00
  • Unit Type Description: Occupied
  • Unit Type Garage Spaces: 1460.0
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
Unit 7
  • Unit Type Pet Deposit: $1
  • Unit Type Pet Deposit Per Pet: Yes
  • Unit Type Garage Spaces: 1.0

Property History for 1306 East 4th Street

DateEvent & SourcePriceAppreciation
Jul 12, 2024

Closed (Public Record)

Public Record #1536244872

$910,000

+13.5% / yr

Jul 12, 2024

Closed

GLVRMLS #736751

$910,000
May 12, 2024

Pending

GLVRMLS #736751

DateEvent & SourcePrice
07/12/2024

Closed (Public Record)

Public Record #1536244872

$910,000

+13.5% / yr

07/12/2024

Closed

GLVRMLS #736751

$910,000
05/12/2024

Pending

GLVRMLS #736751

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1306 East 4th Street

Taxable ValueLand$17,700Additions$108,000Total$125,700
Tax Record2026$1,358 ($113 / month)
Home Facts
Total Finished SqFt8,523 SqFtAbove Grade Finished SqFt8,523 SqFtStories1Lot Size6,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRMCountyNORTHAMPTONAPNP7SW1A 5 16 0204

Schools near 1306 East 4th Street

This home is within Bethlehem Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Donegan Elementary School
PublicPK to 5

Broughal Middle School
Public6 to 8

Freedom High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keystone Prop Mngmnt&Maint LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.