North Whitehall Twp, PA 18080,2819 Rising Sun Road
$825,000
Est. payment /mo
$825,000
Est.Price: ?

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9 Beds
7 Baths
5,016 SqFt
SOLD DATE : 10/07/2022

Key Details

Sold Price $825,000

Property Type Commercial

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $164

Subdivision Not In Development

MLS Listing ID 699182

Sold Date 10/07/22

Bedrooms 9

Full Baths 6

Half Baths 1

Year Built 1875

Annual Tax Amount $8,229

Lot Size 1.455 Acres

Property Description

Unique investment opportunity in Parkland School District! The property features 3 separate dwellings including a 3 bedroom, 2.5 bath farm home, a 4 unit detached property with on site laundry facility and a detached 3 car garage with 2nd story. This is a great income producing property bringing in 6.8% cap rate and net income of 56k. All tenants have been in place at least two years. The main house is updated stone farmhouse w/ modern addition, dual central air unit, granite countertops, ceramic tile baths, stone fireplace & hardwood flooring; well maintained by a long term tenant at 1850/month. The four unit consists of unit one, a 2bed/1bath $1050; unit 2, a 2bed/1bath updated paint & carpet $1400; unit 3, 1bed/1bath $750; unit 4, 2bed/1bath $890. Each unit has their own water heater and electric baseboard heating systems. All month to month and would love to stay. On site laundry makes 1k a year. 3 bay garage produces 500/month. Situated on a quiet country setting of 1.45 acres!

Location

State PA

County Lehigh

Area North Whitehall

Interior

Cooling Ceiling Fan

Exterior

Garage Garage, Unpaved Lot

Garage Spaces 16.0

Building

Story 2.5

Sewer Cesspool, Septic

Water Shared, Well

New Construction No

Schools

School District Parkland

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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Listed by DLP Realty
Bought with RE/MAX Real Estate

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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