Last Sold Price
4 beds2 baths1,944 sqft$150/sqft
149 Spring St, Nazareth, PA 18064

Description

MULTIPLE OFFERS RECEIVED- HIGHEST AND BEST OFFERS DUE THURSDAY JULY 7 AT NOON. 149 Spring St is a fully rented 2 unit in Nazareth Borough. Currently listed at an 8% cap rate - with room for increasing both rents! Nazareth is one of the best places to own rental real estate based upon the incredible demand for tenants to want to live in that school district. This special property has a nice landscaping area in the front yard. Covered porch is great for relaxing and enjoying the quiet street. The downstairs...MULTIPLE OFFERS RECEIVED- HIGHEST AND BEST OFFERS DUE THURSDAY JULY 7 AT NOON. 149 Spring St is a fully rented 2 unit in Nazareth Borough. Currently listed at an 8% cap rate - with room for increasing both rents! Nazareth is one of the best places to own rental real estate based upon the incredible demand for tenants to want to live in that school district. This special property has a nice landscaping area in the front yard. Covered porch is great for relaxing and enjoying the quiet street. The downstairs unit has a great layout and is in very good condition. There are 2 full bedrooms, living room, kitchen, dining room, and full bathroom all on the first floor. To go to the upstairs unit, there are inside steps in place to keep the weather at bay. Upstairs unit has 2 bedrooms, one which is oversized, living room, kitchen, and full bathroom. The garage in the back of the property is rented to a 3rd tenant. Call today and tour the home soon - it will not last very long.
LISTING CLOSED: 08/16/2022 12:00 AM

  1. Listed by Todd Oessenick • Brokerage DRE #RB067119 • Win-Win Realty, Inc.
    P: (610) 390-6271 C: (610) 390-6271 todd@winwinpa.com

Property Details for 149 Spring Street

Status
MLS #
695851
Days on Market
9
Taxes
$3,035 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Semi Detached
Year Built
1910
Lot Size
0.06 AC / 2,750 SF
Subdivision Name
Not in Development

Location

Listing Courtesy of Win-Win Realty, Inc.

Sold By Coldwell Banker Hearthside

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Building Information for 149 Spring Street

Stories2Year Built1910Building Size-Lot Size0.06 AC / 2,750 SF

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Property Information for 149 Spring Street

Summary
Location and General Information
  • Country Subdivision: 42095
  • Directions: From Nazareth Center Square proceed south on Main St, turn right onto Mauch Chuck St, bare left onto Spring St, home is on the left hand side.
  • Latitude: 40.739616
  • Longitude: -75.320274
  • MLS Area Major: Nazareth
  • Zoning: R7-MEDIUM DENSITY RESIDEN
Taxes and HOA
  • Parcel Number: J7SE4B 11 3 0421
  • Tax Annual Amount: $3,035
  • Tax Assessed Value: $36,300
School Information
  • Elementary School District: Nazareth
  • High School District: Nazareth
  • Middle Or Junior School District: Nazareth
Parking
  • Garage: Yes
  • Parking Total: 2.0
Property
Lot Information
  • Living Area: 1944.0
  • Lot Size Acres: 0.063
  • Lot Size Area: 2750.0
  • Lot Size Square Feet: 2750.0
Property and Assessments
  • Year Built: 1910
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: Yes
  • Stories: 2
  • Stories Total: 2
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $28,020
  • Insurance Expense: $1,177.00
  • Maintenance Expense: $.00
  • Net Operating Income: $22,667
  • Operating Expense: $.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,141.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $300.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 0
  • Unit Type Description: Garage rented to 3rd party
  • Unit Type Total Rent: $300.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 2.0
  • Unit Type Area Units: Very clean condition

Property History for 149 Spring Street

DateEvent & SourcePriceAppreciation
Aug 18, 2022

Closed (Public Record)

Public Record #1496178774

$292,500

+11.5% / yr

Aug 16, 2022

Closed

GLVRMLS #695851

$292,500
Jul 7, 2022

Pending

GLVRMLS #695851

DateEvent & SourcePrice
08/18/2022

Closed (Public Record)

Public Record #1496178774

$292,500

+11.5% / yr

08/16/2022

Closed

GLVRMLS #695851

$292,500
07/07/2022

Pending

GLVRMLS #695851

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

Public Records for 149 Spring Street

Taxable ValueLand$14,100Additions$22,200Total$36,300
Tax Record2026$392 ($33 / month)
Home Facts
Baths2Total Finished SqFt1,944 SqFtAbove Grade Finished SqFt1,944 SqFtStories2Lot Size2,744 SqFtStyleQuadraplexYear Built1910ZoningR7CountyNORTHAMPTONAPNJ7SE4B 11 3 0421

Schools near 149 Spring Street

This home is within Nazareth Area School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Shafer El School
PublicK to 4

Nazareth Area Intermediate School
Public5 to 6

Nazareth Area Middle School
Public7 to 8

Nazareth Area 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 149 Spring Street, Nazareth, PA 18064
$292,500
4
2
1,944
2,750
2
1
1,344
2,744
$165,900
2
932
3,000
$120,000
3
1,312
2,750
3
1
1,402
3,006
$179,000
2
1,392
3,000

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Win-Win Realty, Inc.

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.