517 Norman Rd

Nazareth, PA 18064

$200,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 4/13/22Virtual Tour
Closed 4/13/22Virtual Tour
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Description

Welcome to the mini-mobile home park of Norman Rd. Four (4) modular homes sit on this 1/2 acre lot and each pay YOU rent to reside there. All units pay for their own utilities and septic/well units are installed for each home. The well/septic systems are maintained by the lot tenants themselves and insured by them. All four (4) units are owned by their respective tenants and there is NO maintenance required. No showings, please, respectfully drive by the location to check out the land, and please...Welcome to the mini-mobile home park of Norman Rd. Four (4) modular homes sit on this 1/2 acre lot and each pay YOU rent to reside there. All units pay for their own utilities and septic/well units are installed for each home. The well/septic systems are maintained by the lot tenants themselves and insured by them. All four (4) units are owned by their respective tenants and there is NO maintenance required. No showings, please, respectfully drive by the location to check out the land, and please do not enter or approach the tenant units as they are not for sale. Expenses are ONLY taxes and septic cleanout, once a year, and insurance is NOT required. Septic is impeccably maintained and is inspected every year, the most recent inspection was November 2021. $18K gross, 16K net, 7% cap rate at $230K asking. Must be cash, no bank financing, and no contingencies. Leases and all other information available in due diligence. All rents can easily be raised to market.
  1. Listed by Joshua Schoenberger • EXP Realty LLC
    P: (888)-397-7352 C: (888)-397-7352 j.s@joshlistings.com

Property Details for 517 Norman Road

Subdivision Name
Not in Development
LISTING CLOSED: 04/13/2022 12:00 AM

Property Details for 517 Norman Road

StatusClosed
MLS #687211
Days on Market17
Taxes$1,295 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Detached
Year Built-
Lot Size0.45 AC / 19,602 SF
CountyNorthampton County
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Location

Listing Courtesy of EXP Realty LLC

Sold By EXP Realty LLC

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Building Information for 517 Norman Road

Stories-Residences4Year Built-Building Size-Lot Size0.45 AC / 19,602 SF

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$1,124 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,017

Property Taxes

$108

HOA Dues

$0

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Property Information for 517 Norman Road

Summary
Location and General Information
  • Country Subdivision: 42095
  • Directions: Get on PA-33 N 6 min (3.1 mi) Follow PA-33 N to Henry Rd in Bushkill Township. Take the exit toward Belfast from PA-33 N 6 min (5.9 mi) Take Sullivan Trail to Norman Rd in Belfast 2 min (1.1 mi) 517 Norman Rd Nazareth, PA 18064
  • Latitude: 40.791049
  • Longitude: -75.281228
  • MLS Area Major: Plainfield
  • Zoning: PR-PLANNED RESIDENTIAL
Taxes and HOA
  • Parcel Number: G8 15 19Y 0626
  • Tax Annual Amount: $1,295
  • Tax Assessed Value: $17,300
School Information
  • Elementary School District: Pen Argyl
  • High School District: Pen Argyl
  • Middle Or Junior School District: Pen Argyl
Parking
  • Parking Total: 10.0
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.45
  • Lot Size Area: 19602.0
  • Lot Size Square Feet: 19602.0
Property and Assessments
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: No
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $1.00
  • Fuel Expense: $1.00
  • Gardener Expense: $.00
  • Gross Income: $18,300
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $16,105
  • Operating Expense: $2,195.00
  • Other Expense: $900.00
  • Professional Management Expense: $.00
  • Trash Expense: $1.00
  • Water Sewer Expense: $1.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $435.00
  • Unit Type Description: Market $455
  • Unit Type Total Rent: $435.00
Unit 3
  • Unit Type Area Units: Market $435
Unit 4
  • Unit Type Num Full Baths: 350

Property History for 517 Norman Road

DateEvent & SourcePriceAppreciation
Apr 13, 2022

Closed (Public Record)

Public Record #1488148774

$200,000

+7.9% / yr

Apr 13, 2022

Closed

GLVRMLS #687211

$200,000—
Feb 17, 2022

Pending

GLVRMLS #687211

—
DateEvent & SourcePrice
04/13/2022

Closed (Public Record)

Public Record #1488148774

$200,000

+7.9% / yr

04/13/2022

Closed

GLVRMLS #687211

$200,000
02/17/2022

Pending

GLVRMLS #687211

—

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

Public Records for 517 Norman Road

Taxable ValueLand$17,300Additions-Total$17,300
Tax Record2026$187 ($16 / month)
Home Facts
Beds0Lot Size19,602 SqFtStyleResidentialZoningPRCountyNORTHAMPTONAPNG8 15 19Y 0626

Schools near 517 Norman Road

This home is within Pen Argyl Area School District.
Rating
School
Type
Grades
Distance
Plainfield El School
Public - K to 3
Wind Gap Middle School
Public - 4 to 8
Pen Argyl Area High School
Public - 9 to 12
Rating
School
Distance
Plainfield El School
PublicK to 3

Wind Gap Middle School
Public4 to 8

Pen Argyl 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)
513 Norman Road, Nazareth, PA 18064
$265,000
3
1,329
11,326
518 Norman Road, Nazareth, PA 18064
$46,000
–
–
–
10,019
523 Norman Road, Nazareth, PA 18064
–
–
–
–
–
514 Norman Road, Nazareth, PA 18064
$179,900
3
1,344
10,019
522 Norman Road, Nazareth, PA 18064
–
–
–
–
10,019

Explore Nearby Homes

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 EXP Realty LLC

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.