1431 Pennsylvania Avenue

Emmaus, PA 18049

$375,000
Price
Beds
1,620 Sq. Ft.
$231 / Sq. Ft.
1,620
Sq. Ft.
$231
per Sq. Ft.

Description

Presenting this great opportunity to own a 3-Unit, income-producing property in the highly desired East Penn SD! Each unit has 2 Bedrooms, 1 Full Bath, Kitchen, Living room, and its own utilities; easy and efficient for billing purposes. All units are currently leased (2 with long-term tenants). This property is conveniently close to everything and all units are in great condition and move-in ready. With no immediate projects to tackle, the new owner will simply purchase the property and start earning....

Property Details for 1431 Pennsylvania Avenue

Expected On Market Date
06-04-2021
Municipality
EMMAUS BORO
Ownership
Fee Simple
Style
Raised Ranch/Rambler
Structure Type
Detached
Total Parking Spaces
8
Basement
Yes

Location

Listing Courtesy of Keller Williams Real Estate - Allentown

Property Details for 1431 Pennsylvania Avenue

StatusActive
MLS #PALH116978
Days on Market13
Taxes$5,184 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1953
Lot Size0.30 AC / 13,230 SF
CountyLehigh County

Contact a Compass agent

Location

Listing Courtesy of Keller Williams Real Estate - Allentown

Building Information for 1431 Pennsylvania Avenue

Stories-Residences3Year Built1953Building Size-Lot Size0.30 AC / 13,230 SF

Payment Calculator

$1,689 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,257

Property Taxes

$432

HOA Dues

$0

Property Information for 1431 Pennsylvania Avenue

Location Info
    School Info
  • School District Name: EAST PENN
  • School District County ID: 300200397441
    Location Info
  • MLS Area: Emmaus Boro (12307)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $5,184
  • Tax Year: 2020
  • School Tax: $3,233
  • County Tax: $657
  • City Town Tax: $1,294
  • Clean Green Assessed: No
  • Zoning: C-R
  • Zoning Dscrp: C-R-Conservation-Residential
  • Tax Lot: 008
  • Tax ID Number: 549420304114-00001
    Assessment Info
  • Tax Assessed Value: $173,800
  • Year Assessed: 2021
  • Improvement Assessed Value: $132,300
  • Land Assessed Value: $41,500
Financial Info
    Expenses
  • Insurance Expense: $1,284
  • Maintenance Expense: $3,454
  • Operating Expense: $3,935
  • Other Expense: $481
    Utilities
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $27,540
  • Net Operating Income: $22,321
  • Annual Rental Income: $27,540
  • Gross Scheduled Income: $27,540
Building Info
    SQFT
  • Above Grade Finished SQFT: 1620
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 1620
  • Tax Total Finished SQFT: 1620
    Structure
  • Basement Type: Full
  • Room Count: 15
  • Building Units Total: 3
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: 2+ Access Exits
  • Construction Materials: Stucco
  • New Construction: No
  • Roof: Metal
    Unit Info
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Number Of Units Month To Month: 3
  • Number Of Units Vacant: 0
  • Units Furnished: None
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: 1141
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 90.00 x 147.00
  • Lot Size Source: Assessor
  • Lot SQFT: 13230
  • Lot Size Acres: .30
  • Navigable Water: No
  • Property Condition: Good
  • Age: 1953
Parking
    Parking
  • Garage: No
  • Type Of Parking: Parking Lot
  • Parking Features: Unpaved
  • Parking Lot - # of Spaces: 8
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Flooring Type: Hardwood, Laminated
  • Central Air: No
  • Cooling Type: Window Unit(s)
  • Heating: Yes
  • Heating Type: Forced Air
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 1431 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
Jun 10, 2021

Price Change

GLVRMLS #669239

$375,000
Jun 10, 2021

Price Change

BRIGHT #PALH116978

$375,000
Jun 10, 2021

Price Change

GLVRMLS #669242

$375,000
DateEvent & SourcePrice
06/10/2021

Price Change

GLVRMLS #669239

$375,000
06/10/2021

Price Change

BRIGHT #PALH116978

$375,000
06/10/2021

Price Change

GLVRMLS #669242

$375,000

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

Public Records for 1431 Pennsylvania Avenue

Taxable ValueLand$41,500Additions$132,300Total$173,800
Tax Record2019$4,695 ($391 / month)
Home Facts
Baths3Total Finished SqFt1,620 SqFtAbove Grade Finished SqFt1,620 SqFtStories1Lot Size13,230 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningC-RCountyLEHIGHAPN549420304114-1

Schools near 1431 Pennsylvania Avenue


SchoolTypeGradesDistanceRating
Premier Child Care CenterPrivateK0.7 mi
NR
St Ann Elementary SchoolPrivatePK-81.0 mi
NR
Emmaus Baptist AcademyPrivate1-121.0 mi
NR
Emmaus High SchoolPublic9-121.1 mi
7

Premier Child Care Center

K, 0.7 mi, Private

NR

St Ann Elementary School

PK-8, 1.0 mi, Private

NR

Emmaus Baptist Academy

1-12, 1.0 mi, Private

NR

Emmaus High School

9-12, 1.1 mi, Public

7

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.

Similar Homes

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1431 Pennsylvania Avenue is a multi-family home for sale in Emmaus, PA 18049. This property was listed for sale on June 4, 2021 by Keller Williams Real Estate - Allentown at $375,000. It has been on the market for a total of 13 days and was last sold on June 27, 2008. This listing's school district is East Penn School District. Nearby schools include Premier Child Care Center, St Ann Elementary School and Emmaus Baptist Academy. 1431 Pennsylvania Avenue is a 0-bed, 0-bath, 1,620 sqft multi-family home built in 1953. This address can also be written as 1431 Pennsylvania Ave.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate - Allentown

The data relating to real estate for sale on this Virtual Office Website is provided in part, by BRIGHT through a licensing agreement. This website may reference real estate listing(s) held by a brokerage firm other than Compass. The information provided by this website is for the personal, non-commercial use of consumers with whom Compass has first established a broker-consumer relationship (as defined by applicable state law) and may not be used for any purpose other than to identify prospective properties such persons may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by BRIGHT and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © 2021 BRIGHT MLS, All Rights Reserved. All rights reserved.