312 Chestnut Street

Mertztown, PA 19539

$295,000
Last Sold Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique Investment Opportunity - 3-unit APT BLDG w/an addt'l parcel containing a 4-bay Mechanics Garage in Mertztown. Owner occupies Unit#1 which consists of 2 BRs, 1 BA. Unit #2 is occupied & consists of 3 BRs, 1 BA. Unit #3 also occupied has 2 BRs, 1 BA. Units are spacious w/separate utilities. There is also a 3rd flr that could easily be finished into1 or possibly 2 more APT units w/approvals. Property could use some cosmetic upgrades but has potential to build on an already income producing property...Unique Investment Opportunity - 3-unit APT BLDG w/an addt'l parcel containing a 4-bay Mechanics Garage in Mertztown. Owner occupies Unit#1 which consists of 2 BRs, 1 BA. Unit #2 is occupied & consists of 3 BRs, 1 BA. Unit #3 also occupied has 2 BRs, 1 BA. Units are spacious w/separate utilities. There is also a 3rd flr that could easily be finished into1 or possibly 2 more APT units w/approvals. Property could use some cosmetic upgrades but has potential to build on an already income producing property w/an addt'l attached parcel that contains a 4-bay mechanics garage, currently rented, or possibly a future live-in business possibility. Addt'l features of the garage include 2 hydraulic lifts, 18 foot doors to allow work for heavy trucks, addt'l 500 SF space for motor work & an office for customers. Property could have 20 cars for sale on front and side of the property. The rear of the property could hold addt'l cars either for back lot or scrap cars for used auto parts.
  1. Listed by Ellen Colangelo • BHHS Fox & Roach - Allentown
  2. Listed by Robert C. Wiley • BHHS Fox & Roach - Allentown

Property Details for 312 Chestnut Street

Area
Longswamp
Sub division
Not in Development

Location

Add your commute
LISTING UPDATED: 12/06/2021 02:43 PM

Property Details for 312 Chestnut Street

StatusSold & Settled
MLS #654913
Days on Market311
Taxes$10,143 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1849
CountyBerks County

Location

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Building Information for 312 Chestnut Street

Building/Complex312 Chestnut StFloor-Stories3Residences4Pet Policy-Year Built1849Building Size-

Payment Calculator

$2,455 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,610

Property Taxes

$845

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 Chestnut Street

Summary
Location and General Information
  • Directions: From Allentown, take US 222 S to Kutztown/Reading - Left on Farmington Rd & Valley Rd, stay Right to continue onto Valley Rd., Right on Chestnut St. Destination on the Left.
  • School District: Not Applicable
Parking
  • Parking: Unpaved Lot
  • ParkingSpaces: 20
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,728.00
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $723.00
  • School Taxes: $7,692.00
  • Total Taxes: $10,143.00
Property
Lot Information
  • Acres: 1.33
  • APN: 59-5473-16-84-7505 AND 59-5473-16-84-668
  • Lot Size Source: Tax Records
  • Zoning Code: Commercial
Property and Assessments
  • County Assessment: $225,700.00
  • Features: Balcony
  • Property SubType Category: Apartment Style, Commercial, Mixed Use
  • Technology: Smk Detector Battery
  • Year Built Exception: Unknown
Utilities
  • Cooling: Window AC
  • Electric: 0
  • Gas: $0
  • Sewer: Septic
  • Water: Well
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Other, Vinyl
Interior Features
  • Heat: $0
  • Heat Type: Electric, Gas, Oil
Multi Family
Multi-Family Information
  • Gross Income: $.00
  • Insurance: $0
  • Net Income: $.00
  • Operating Expense: $0
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 4
  • Total Units: 4

Property History for 312 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 312 Chestnut Street

Taxable ValueLand$46,600Additions$70,800Total$117,400
Tax Record2023$5,437 ($453 / month)
Home Facts
Total Finished SqFt10,145 SqFtAbove Grade Finished SqFt10,145 SqFtStories3Lot Size36,590 SqFtStyleMulti-Family Res (5+ Units)Year Built1894CountyBERKSAPN5473-16-84-7505

Schools near 312 Chestnut Street

This home is within Brandywine Heights Area School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Brandywine Heights Elementary School
PublicK to 3

Brandywine Heights Intrmd/Ms
Public4 to 8

Brandywine Heights 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.

Similar Homes

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Similar Sold Homes

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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach - Allentown

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.