Last Sold Price
9 beds5,016 sqft$164/sqft
2819 Rising Sun Rd, Slatington, PA 18080

Description

Unique investment opportunity in Parkland School District! The property features 3 separate dwellings including a 3 bedroom, 2.5 bath farm home, a 4 unit detached property with on site laundry facility and a detached 3 car garage with 2nd story. This is a great income producing property bringing in 6.8% cap rate and net income of 56k. All tenants have been in place at least two years. The main house is updated stone farmhouse w/ modern addition, dual central air unit, granite countertops, ceramic...Unique investment opportunity in Parkland School District! The property features 3 separate dwellings including a 3 bedroom, 2.5 bath farm home, a 4 unit detached property with on site laundry facility and a detached 3 car garage with 2nd story. This is a great income producing property bringing in 6.8% cap rate and net income of 56k. All tenants have been in place at least two years. The main house is updated stone farmhouse w/ modern addition, dual central air unit, granite countertops, ceramic tile baths, stone fireplace & hardwood flooring; well maintained by a long term tenant at 1850/month. The four unit consists of unit one, a 2bed/1bath $1050; unit 2, a 2bed/1bath updated paint & carpet $1400; unit 3, 1bed/1bath $750; unit 4, 2bed/1bath $890. Each unit has their own water heater and electric baseboard heating systems. All month to month and would love to stay. On site laundry makes 1k a year. 3 bay garage produces 500/month. Situated on a quiet country setting of 1.45 acres!
LISTING CLOSED: 10/07/2022 12:00 AM

  1. Listed by Jonathan C. Campbell • Brokerage DRE #RB067076 • DLP Realty
    P: (888) 397-7352 C: (833) 983-1954 jonathan@jcteam.com
  2. Listed by James J. Harrison • DLP Realty
    P: (610) 392-3733 C: (610) 392-3733 james@jcteam.com

Property Details for 2819 Rising Sun Road

Status
MLS #
699182
Days on Market
8
Taxes
$8,230 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Detached
Year Built
1875
Lot Size
1.46 AC / 63,380 SF
Subdivision Name
Not in Development

Location

Listing Courtesy of DLP Realty

Sold By RE/MAX Real Estate

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Building Information for 2819 Rising Sun Road

Stories2Residences5Year Built1875Building Size-Lot Size1.46 AC / 63,380 SF

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$4,193

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Property Information for 2819 Rising Sun Road

Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: US-22 W to PA-309 N. Take Coffeetown Rd and Old Post Rd to Rising Sun Rd. Property will be on the left
  • Latitude: 40.702521
  • Longitude: -75.586116
  • MLS Area Major: North Whitehall
  • Zoning: AR-AGRICULTURAL-RESIDENTI
Taxes and HOA
  • Parcel Number: 556086328826001
  • Tax Annual Amount: $8,230
  • Tax Assessed Value: $405,800
School Information
  • Elementary School District: Parkland
  • High School District: Parkland
  • Middle Or Junior School District: Parkland
Parking
  • Garage: Yes
  • Parking Total: 16.0
Property
Lot Information
  • Living Area: 5016.0
  • Lot Size Acres: 1.455
  • Lot Size Area: 63380.0
  • Lot Size Square Feet: 63380.0
Property and Assessments
  • Year Built: 1875
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 9
  • Heating: Yes
  • Stories Total: 2
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $72,280
  • Insurance Expense: $2,000.00
  • Maintenance Expense: $.00
  • Net Operating Income: $56,155
  • Operating Expense: $6,000.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Total Rent: $750.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 2.0
  • Unit Type Area Units: updated paint and carpet
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $2.00
  • Unit Type Num Full Baths: 1050
Unit 5
  • Unit Type Unit Num: 3
  • Unit Type Lease Expires: 12-31-1969 07:00:01 PM
Unit 6
  • Unit Type Total Rent: $1.00
  • Unit Type Unit Num: 3 car garage
  • Unit Type Garage Spaces: 700.0

Property History for 2819 Rising Sun Road

DateEvent & SourcePriceAppreciation
Oct 7, 2022

Closed (Public Record)

Public Record #1499250122

$825,000

+2.2% / yr

Oct 7, 2022

Closed

GLVRMLS #699182

$825,000
Aug 30, 2022

Pending

GLVRMLS #699182

DateEvent & SourcePrice
10/07/2022

Closed (Public Record)

Public Record #1499250122

$825,000

+2.2% / yr

10/07/2022

Closed

GLVRMLS #699182

$825,000
08/30/2022

Pending

GLVRMLS #699182

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

Public Records for 2819 Rising Sun Road

Taxable ValueLand$72,700Additions$333,100Total$405,800
Tax Record2026$9,285 ($774 / month)
Home Facts
Beds3Baths6.5Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtStories3Lot Size63,380 SqFtStyleSingle Family ResidenceYear Built1875ZoningARCountyLEHIGHAPN556086328826-1Fireplace TypeHas Fireplace

Schools near 2819 Rising Sun Road

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
Schnecksville 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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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 DLP Realty

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.