41 Dowell Street

Closed 7/12/22Virtual Tour

Sold

Last Sold Price

$470,000

13 beds4 baths5,276 sqft

41 Dowell St, Slatington, PA 18080

Multi FamilyProperty Type

0.36 acresLot Size

1904Year Built

$89/sq ftPrice per sq ft

10 carsParking Spaces

Description

Highest and best offers due by 9 PM 5/28/22. 4 unit investment property generating tremendous cash flow. There is also a 4 car garage in the rear generating additional income. The basement can be used for a coin based laundry room accessible to all tenants, or, you can rent out storage space in basement for extra income. Many of the upgrades have already been done in units. There is plenty of off street parking between the garage and the large parking lot in the rear. Bring your offer and start making...Highest and best offers due by 9 PM 5/28/22. 4 unit investment property generating tremendous cash flow. There is also a 4 car garage in the rear generating additional income. The basement can be used for a coin based laundry room accessible to all tenants, or, you can rent out storage space in basement for extra income. Many of the upgrades have already been done in units. There is plenty of off street parking between the garage and the large parking lot in the rear. Bring your offer and start making money as soon as you close!

Listed by: Kathrina N. Atamian 484.353.0053 kathrinaatamian@gmail.com • RE/MAX Real Estate

Listing closed: 07/12/2022 12:00 AM • Source: GLVRMLS, MLS#: 692571

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Location

Listing Courtesy of RE/MAX Real Estate

Sold By Keller Williams Real Estate

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$5,797 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,429

Property Taxes

$368

HOA Dues

$3,000

The Payment Calculator is for illustrative purposes only.

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Property Information for 41 Dowell Street

Property Details

Taxes: $4,418 / year
Condo/Co-op Fees: $1,500 semi-monthly
MLS Type: Residential Income / Investment
County: Lehigh County
Subdivision Name: No Subdivision

Building Information

Residences: 4
Year Built: 1904
Lot Size: 0.36 AC / 15,594 SF

Summary

Location and General Information

Country Subdivision: 42077
Directions: Route 309 North, Right on Route 873 to Main Street in Slatington, 2nd stop light make Left on Dowell Street to properties on Left. Park in rear.

Latitude: 40.751093
Longitude: -75.613837
MLS Area Major: Slatington
Zoning: Tr-Town Residential

Taxes and HOA

Parcel Number: 556203360491 001
Tax Annual Amount: $4,418

Tax Assessed Value: $131,700

School Information

Elementary School District: Northern Lehigh
High School District: Northern Lehigh

Middle Or Junior School District: Northern Lehigh

Parking

Garage: Yes
Parking Total: 10.0

Virtual Tour

Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=1Gx4hjA1kcY

Property

Lot Information

Living Area: 5276.0
Lot Size Acres: 0.358

Lot Size Area: 15594.0
Lot Size Square Feet: 15594.0

Property and Assessments

Year Built: 1904
Year Built Details: Unknown

Interior and Exterior Features

Interior Features

Bathrooms Full: 4
Bathrooms Half: 0

Bathrooms Total Integer: 4
Bedrooms Total: 13
Cooling: No
Heating: Yes

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: $200.00
Gross Income: $70,704
Insurance Expense: $1,773.00
Maintenance Expense: $1,500.00
Net Operating Income: $64,021
Operating Expense: $.00
Other Expense: $30.00
Professional Management Expense: $.00
Trash Expense: $880.00
Water Sewer Expense: $2,300.00

Unit Information

Unit 1

Unit Type Actual Rent: $325.00
Unit Type Baths Total: 0

Unit Type Beds Total: 0
Unit Type Description: 4 Bay Garage
Unit Type Total Rent: $325.00

Unit 3

Unit Type Actual Rent Range: 1
Unit Type Area: 2.0

Unit Type Area Units: New tenant on 6/1/2022

Unit 4

Unit Type Units Total: 1
Unit Type Actual Rent: $5.00

Unit Type Num Full Baths: 2000

Unit 5

Unit Type Unit Num: 2
Unit Type Lease Expires: 12-31-1969 07:00:01 PM

Property History for 41 Dowell Street

Date	Event & Source	Price	Appreciation
Jul 12, 2022	Closed GLVRMLS #692571	$470,000	—
May 28, 2022	Pending GLVRMLS #692571		—
May 15, 2022	Listed (Active) GLVRMLS #692571	$500,000	—
Aug 19, 2005	Closed (Public Record) Public Record #195190826	$140,000	+11.8% / yr
Apr 9, 2003	Closed (Public Record) Public Record #122065908	$107,500	+30.1% / yr
May 12, 2000	Closed (Public Record) Public Record #23193704	$50,000	—
May 12, 2000	Closed (Public Record) Public Record #23193705	$5,000	—

Date	Event & Source	Price
07/12/2022	Closed GLVRMLS #692571	$470,000
05/28/2022	Pending GLVRMLS #692571	—
05/15/2022	Listed (Active) GLVRMLS #692571	$500,000
08/19/2005	Closed (Public Record) Public Record #195190826	$140,000 +11.8% / yr
04/09/2003	Closed (Public Record) Public Record #122065908	$107,500 +30.1% / yr
05/12/2000	Closed (Public Record) Public Record #23193704	$50,000
05/12/2000	Closed (Public Record) Public Record #23193705	$5,000

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

Public Records for 41 Dowell Street

Taxable ValueLand$13,700Additions$118,000Total$131,700

Tax Record2026$5,185 ($432 / month)

Home Facts

Baths2Total Finished SqFt2,638 SqFtAbove Grade Finished SqFt2,638 SqFtStories3Lot Size4,397 SqFtStyleMulti-Family Res (5+ Units)Year Built1904ZoningTRCountyLEHIGHAPN556203268388-1

Schools near 41 Dowell Street

This home is within Northern Lehigh School District.


Rating	School	Type	Grades	Distance
NR	Peters El School	Public - Serves this home	K to 2	2.4 mi
4/10	Slatington El School	Public - Serves this home	3 to 6	1.0 mi
6/10	Northern Lehigh Middle School	Public - Serves this home	7 to 8	0.7 mi
6/10	Northern Lehigh Senior High School	Public - Serves this home	9 to 12	0.7 mi
NR	St John Neumann Regional School	Private - Nearby school	K to 8	0.3 mi


Rating	School	Distance
NR	Peters El School PublicK to 2 Serves this home	2.4 mi
4/10	Slatington El School Public3 to 6 Serves this home	1.0 mi
6/10	Northern Lehigh Middle School Public7 to 8 Serves this home	0.7 mi
6/10	Northern Lehigh Senior High School Public9 to 12 Serves this home	0.7 mi
NR	St John Neumann Regional School PrivateK to 8 Nearby school	0.3 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 41 Dowell Street, Slatington, PA 18080	$470,000	13	4	5,276	15,594
43 Dowell Street, Slatington, PA 18080	$17,700	–	–	–	5,845
59 Dowell Street, Slatington, PA 18080	–	–	4	3,638	8,860
23 Dowell Street, Unit 25, Slatington, PA 18080	–	4	2	2,657	6,132
31 Dowell Street, Slatington, PA 18080	$52,000	4	2	3,220	3,220
31 Dowell Street, Unit 33, Slatington, PA 18080	$60,199	–	4	3,220	8,028
633 Long Alley, Slatington, PA 18080	–	–	–	–	1,900
61 Dowell Street, Slatington, PA 18080	$45,000	–	4	5,325	–
61 Dowell Street, Unit 4, Slatington, PA 18080	$145,000	–	–	5,325	21,750
48 Dowell Street, Slatington, PA 18080	$36,000	2	1	1,080	0
46 Dowell Street, Slatington, PA 18080	$226,000	3	1	1,280	2,940
38 Dowell Street, Slatington, PA 18080	$133,000	3	1	1,476	1,712
40 Dowell Street, Slatington, PA 18080	$162,000	3	1	1,476	1,712
30 Dowell Street, Slatington, PA 18080	$105,000	3	1	1,568	1,845
56 Dowell Street, Slatington, PA 18080	–	–	–	–	7,754
18 Dowell Street, Slatington, PA 18080	$165,000	3	1	1,634	2,213

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Listing Courtesy of RE/MAX 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.

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