2423 Crest St

9,568 Sq. Ft.
$125 / Sq. Ft.
9,568
Sq. Ft.
$125
per Sq. Ft.

Description

Incredible opportunity... The Egyptian Sands Motel is now available for sale. Family owned and operated for the past 31 years. The owners have lovingly maintained and managed the property through the years and it shows. Rental units consist of 12 rooms, 5 efficiencies, 3 one bedroom apartments and 1 three bedroom apartment (complete with a finished basement) and was used as the live-in owners home. In addition, there is a 2,000+ square foot former bar/restaurant with a small kitchen and 2 powder...Incredible opportunity... The Egyptian Sands Motel is now available for sale. Family owned and operated for the past 31 years. The owners have lovingly maintained and managed the property through the years and it shows. Rental units consist of 12 rooms, 5 efficiencies, 3 one bedroom apartments and 1 three bedroom apartment (complete with a finished basement) and was used as the live-in owners home. In addition, there is a 2,000+ square foot former bar/restaurant with a small kitchen and 2 powder rooms currently used for storage and back stock. There is a heated 2 car garage, 2 car carport and 2 sheds. Many long term tenants and VERY low vacancy rates. Large parking lot recently sealed. Brand new septic in 2021. Current business model "runs like a clock." Many supplies needed to continue "running the business with out a hitch" will be left for the new owners. Step right in and start making money. Do not enter property without an appointment. Proof of funds needed to make a showing appointment. Rare opportunity. Call today. Don't miss out.
  1. Listed by Geoff Spitko • Rudy Amelio Real Estate
    P: (610)-657-5776 C: (610)-657-5776 geoffspitko@hotmail.com
  2. Listed by Rudy Amelio Jr. • Rudy Amelio Real Estate
    P: (610)-437-5501 C: (610)-437-5501 rudy@ameliore.com

Property Details for 2423 Crest Street

Senior Community
No
Subdivision Name
Not in Development
LISTING UPDATED: 02/18/2025 10:36 AM

Property Details for 2423 Crest Street

StatusClosed
MLS #747446
Days on Market14
Taxes$14,126 / year
HOA Fees-
Condo/Co-op Fees$12,000 semi-monthly
Compass TypeNon-Residential
MLS Type-
Year Built1965
Lot Size1.97 AC / 85,639 SF
CountyLehigh County

Location

Listing Courtesy of Rudy Amelio Real Estate

Sold By Rudy Amelio Real Estate

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Building Information for 2423 Crest Street

Stories1Residences21Year Built1965Lot Size1.97 AC / 85,639 SF

Payment Calculator

$31,026 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$1,177

HOA Dues

$24,000

The Payment Calculator is for illustrative purposes only.

Property Information for 2423 Crest Street

Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: Route 22 to Route 145 north, at the light at Route 329 turn left, go approximately 5 miles and bear right on Crest Street
  • Latitude: 40.679542
  • Longitude: -75.551249
  • MLS Area Major: North Whitehall
  • Zoning: C-COMMERCIAL
Taxes and HOA
  • Parcel Number: 547988207044001
  • Tax Annual Amount: $14,126
  • Tax Assessed Value: $654,000
School Information
  • Elementary School District: Parkland
  • High School District: Parkland
  • Middle Or Junior School District: Parkland
Parking
  • Attached Garage: No
  • Carport: Yes
  • Garage: Yes
  • Parking Total: 30.0
Property
Lot Information
  • Living Area: 9568.0
  • Lot Size Acres: 1.966
  • Lot Size Area: 85639.0
  • Lot Size Square Feet: 85639.0
Property and Assessments
  • Year Built: 1965
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 21
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 23
  • Bedrooms Total: 23
  • Heating: Yes
  • Stories: 1
  • Stories Total: 1
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 21
Income & Expenses
  • Electric Expense: $23,000.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $203,700
  • Insurance Expense: $10,000.00
  • Maintenance Expense: $12,000.00
  • Net Operating Income: $132,110
  • Operating Expense: $71,590.00
  • Other Expense: $11,000.00
  • Professional Management Expense: $.00
  • Trash Expense: $2,000.00
  • Water Sewer Expense: $.00

Property History for 2423 Crest Street

DateEvent & SourcePriceAppreciation
Feb 17, 2025

Closed (Public Record)

Public Record #1551305076

$1,000,000
Feb 17, 2025

Closed

GLVRMLS #747446

$1,200,000
Nov 6, 2024

Pending

GLVRMLS #747446

Oct 23, 2024

Listed (Active)

GLVRMLS #747446

$1,800,000
DateEvent & SourcePrice
02/17/2025

Closed (Public Record)

Public Record #1551305076

$1,000,000
02/17/2025

Closed

GLVRMLS #747446

$1,200,000
11/06/2024

Pending

GLVRMLS #747446

10/23/2024

Listed (Active)

GLVRMLS #747446

$1,800,000

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

Public Records for 2423 Crest Street

Taxable ValueLand$256,900Additions$397,100Total$654,000
Tax Record2025$14,519 ($1,210 / month)
Home Facts
Total Finished SqFt2,538 SqFtAbove Grade Finished SqFt2,538 SqFtStories1Lot Size85,639 SqFtStyleHotel / MotelYear Built1965ZoningCCountyLEHIGHAPN547988207044-1

Schools near 2423 Crest Street

This home is within Parkland School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ironton School
PublicK to 5

Orefield Middle School
Public6 to 8

Parkland Senior 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 Rudy Amelio Real Estate

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.