Sold
Last Sold Price
3,880 sqft
828 Main Rd, Lehighton, PA 18235
Multi FamilyProperty Type
0.48 acresLot Size
1900Year Built
$77/sq ftPrice per sq ft

Description

Fantastic Investment opportunity, 3 Unit Rental Investment property. two- 3 Bedroom, townhouse style units in the rear and a Deli in the front of the property. 10+% CAP Rate with $38,249 Net Income! Check out this cash cow today! Excellent location directly across from the Phifer's Ice dam.Fantastic Investment opportunity, 3 Unit Rental Investment property. two- 3 Bedroom, townhouse style units in the rear and a Deli in the front of the property. 10+% CAP Rate with $38,249 Net Income! Check out this cash cow today! Excellent location directly across from the Phifer's Ice dam.
  • Listed by: Jeffrey Torchia 610.282.1333 jefftorchia@rcn.com
Listing closed: 09/30/2024 12:00 AM • Source: BRIGHT, MLS#: PACC2004158

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Property Taxes

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Property Information for 828 Main Road

Property Details
  • Taxes: $4,311 / year
  • MLS Type: Residential Income / Fee Simple
  • Tax ID Number: 70C-12-95
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Municipality: EAST SIDE BORO
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 3,880.00
  • Above Grade Fin SQFT Source: Estimated
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Good
Building Information
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.48 AC / 20,908 SF
Location
Location
  • School District Name: LEHIGHTON AREA
  • School District County ID: 300200397331
  • SchoolDistrictSource: Listing Agent
  • County: CARBON
  • MLS Area: East Side Boro (13405)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $60,000
  • Year Assessed: 2023
  • County Tax: $735
  • Improvement Assessed Value: $52,950
  • City Town Tax: $410
  • Land Assessed Value: $7,050
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Refuse Fee: $0
  • Historic: No
  • Zoning: COMMERCIAL
  • Tax Lot: 0
  • School Tax: $3,166
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 1
Financial Information
Expenses
  • Insurance Expense: $1,600
  • Trash Expense: $1,920
Financial Information
  • Gross Income: $44,160
  • Net Operating Income: $38,249
  • Cap Rate: 10.34
  • Existing Lease Type: Gross
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,880.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 6716283
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Interior Features: Wood Floors
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 828 Main Road

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Closed

BRIGHT #PACC2004158

$300,000
Sep 24, 2024

Closed (Public Record)

Public Record #1542163478

$300,000
Aug 31, 2024

Expired

GLVRMLS #737242

$325,000
DateEvent & SourcePrice
09/30/2024

Closed

BRIGHT #PACC2004158

$300,000
09/24/2024

Closed (Public Record)

Public Record #1542163478

$300,000
08/31/2024

Expired

GLVRMLS #737242

$325,000

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

Public Records for 828 Main Road

Taxable ValueLand$7,050Additions$52,950Total$60,000
Tax Record2026$4,632 ($386 / month)
Home Facts
Baths1Total Finished SqFt5,670 SqFtAbove Grade Finished SqFt5,670 SqFtStories2Lot Size20,473 SqFtStyleStoresYear Built1890Year Renovated1890ZoningRCountyCARBONAPN70C-12-95

Schools near 828 Main Road

This home is within Lehighton Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Lehighton Area Elementary School
PublicPK to 5

Lehighton Area Middle School
Public6 to 8

Lehighton Area High School
Public9 to 12

Educare Of Pa
Private7 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.

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.