2205 Village Rd

Orefield, PA 18069

$280,000
Last Sold Price
7
Beds
7,919 Sq. Ft.
$35 / Sq. Ft.
7,919
Sq. Ft.
$35
per Sq. Ft.
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Closed 10/7/19Virtual Tour
Closed 10/7/19Virtual Tour

Description

$75,000 Gross Income - $56,250 Net Profit - 12.22% Cap @ Asking (Projected). Clean, turnkey, ALL-BRICK, 4-UNIT, 8,000SF, mixed 3 res + 1 commercial storefront on a .64 ACRE, corner intersection within highly desirable PARKLAND SD which demands high rents & constant tenancy. See aerial video. Completely fresh paint & newer roof with strong curb appeal, this ADA compliant building is a fortress with massive apartments on the second & third floors with high ceilings & plenty of sunlight, currently,...$75,000 Gross Income - $56,250 Net Profit - 12.22% Cap @ Asking (Projected). Clean, turnkey, ALL-BRICK, 4-UNIT, 8,000SF, mixed 3 res + 1 commercial storefront on a .64 ACRE, corner intersection within highly desirable PARKLAND SD which demands high rents & constant tenancy. See aerial video. Completely fresh paint & newer roof with strong curb appeal, this ADA compliant building is a fortress with massive apartments on the second & third floors with high ceilings & plenty of sunlight, currently, a 4 unit, the largest unit can easily be converted into a 5th residential unit. The commercial space was previously the world famous Werley's Grocery Store & can be repurposed into a multitude of options, including additional units, pending zoning approval. The property also has a newly painted barn for storage & a nicely paved 14 car parking lot. Separate electric & value add if you change heat to baseboard for less than 15k. Must sell fast.
  1. Listed by Tejas Gosai • CENTURY 21 Keim
    P: (484)-352-2811 C: (215)-317-1177 t.g@thetgteam.com
  2. Listed by Loren K. Keim Jr. • CENTURY 21 Keim Realtors
    P: (877)-208-4158 C: (877)-208-4158 c21keim@gmail.com

Property Details for 2205 Village Road

Subdivision Name
Not in Development
LISTING CLOSED: 10/07/2019 12:00 AM

Property Details for 2205 Village Road

StatusClosed
MLS #610530
Days on Market82
Taxes$8,436 / year
HOA Fees-
Condo/Co-op Fees$1,563 semi-monthly
Property TypeMulti Family
MLS TypeResidential Income / Detached
Year Built1920
Lot Size0.64 AC / 27,788 SF
CountyLehigh County
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Location

Listing Courtesy of CENTURY 21 Keim; CENTURY 21 Keim Realtors

Sold By Morganelli Properties LLC

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Building Information for 2205 Village Road

Stories3Residences4Year Built1920Building Size-Lot Size0.64 AC / 27,788 SF

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$5,252 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$703

HOA Dues

$3,126

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Property Information for 2205 Village Road

Summary
Location and General Information
  • Country Subdivision: 42077
  • Cross Street: ROUTE 309
  • Directions: From Route 309N, Left on Huckleberry to property on right - directly across from Magnolia's Vineyard Rest.
  • Latitude: 40.6193
  • Longitude: -75.582296
  • MLS Area Major: South Whitehall
  • Zoning: Nc-Neighborhood Commercia
Taxes and HOA
  • Parcel Number: 547705283542001
  • Tax Annual Amount: $8,436
  • Tax Assessed Value: $370,500
School Information
  • Elementary School District: Parkland
  • High School District: Parkland
  • Middle Or Junior School District: Parkland
Parking
  • Parking Total: 14.0
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Property
Lot Information
  • Living Area: 7919.0
  • Lot Size Acres: 0.638
  • Lot Size Area: 27788.0
  • Lot Size Dimensions: 93 X 208 IRREG
  • Lot Size Square Feet: 27788.0
Property and Assessments
  • Year Built: 1920
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: Yes
  • Heating: Yes
  • Stories: 3
  • Stories Total: 3
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $75,000
  • Insurance Expense: $2,084.00
  • Maintenance Expense: $1,563.00
  • Net Operating Income: $56,250
  • Operating Expense: $18,750.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,667.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Description: Large commercial space, can be anything.
  • Unit Type Total Rent: $2,500.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 3.0
  • Unit Type Area Units: Absolutely Massive, great space, perfect
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $3.00
  • Unit Type Num Full Baths: 1500

Property History for 2205 Village Road

DateEvent & SourcePriceAppreciation
Oct 7, 2019

Closed

GLVRMLS #610530

$280,000—
Jul 26, 2019

Pending

GLVRMLS #610530

—
May 5, 2019

Listed (Active)

GLVRMLS #610530

$460,000—
DateEvent & SourcePrice
10/07/2019

Closed

GLVRMLS #610530

$280,000
07/26/2019

Pending

GLVRMLS #610530

—
05/05/2019

Listed (Active)

GLVRMLS #610530

$460,000

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

Public Records for 2205 Village Road

Taxable ValueLand$82,200Additions$288,300Total$370,500
Tax Record2026$9,366 ($781 / month)
Home Facts
Total Finished SqFt7,919 SqFtAbove Grade Finished SqFt7,919 SqFtStories3Lot Size16,596 SqFtStyleStoresYear Built1920ZoningNCCountyLEHIGHAPN547705283542-1

Schools near 2205 Village Road

This home is within Parkland School District.
Rating
School
Type
Grades
Distance
Kernsville School
Public - K to 5
Orefield Middle School
Public - 6 to 8
Parkland Senior High School
Public - 9 to 12
St Joseph The Worker School
Private - PK to 8
Rating
School
Distance
Kernsville School
PublicK to 5

Orefield Middle School
Public6 to 8

Parkland Senior High School
Public9 to 12

St Joseph The Worker School
PrivatePK to 8

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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
2207 Village Road, Orefield, PA 18069
–
–
–
–
8,380
4848 Huckleberry Road, Orefield, PA 18069
$255,000
3
4,140
53,004
2204 Village Road, Orefield, PA 18069
$80,000
5
8,066
70,567
4833 Huckleberry Road, Orefield, PA 18069
–
–
–
1,650
–
2215 Village Road, Orefield, PA 18069
–
3
1
1,404
6,615

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Listing Courtesy of CENTURY 21 Keim; CENTURY 21 Keim Realtors

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.