$187,800
Palmerton, PA 18071
MLS# PM-111133
Status: Closed
2912 sqft
1 / 49
Property Description
New Year, New investment! Check out this 3 unit in Palmerton. 1st unit is 3 bedrooms 2 baths. 2nd unit is 2 bedrooms 1 bath with an additional room that can be turned into a bedroom. Additional unit on 2nd floor is unfinished but has potential to be a 1 bed studio with kitchen and bath. 3rd level attic is unfinished but has potential to be renovated into additional space. Large 3 car garage in the rear with two rear parking spots additionally. Parking is located in the back off of Moyer Rd. Come check out this amazing investment before it's gone!
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $187,800
Current Price: $187,800
Status: Closed
Listing Contract Date: 2023-11-21
Location, Tax, and Legal
Parcel Number: 29A-33-67
Municipality: Lower Towamensing Township
High School District: Palmerton Area
Cnty&Muni Taxes (Legacy): 737.5
School Tax Amount: 3245.75
Tax Annual Amount: 3983.25
Tax Assessed Value: 50000
Tax Book Number: 2443/850
Zoning Description: Residential
General Property Information
Building Area Source: Public Records
Stories: 3
Number Of Buildings: 1
Basement YN: Yes
Lot Size Acres: 0.28
List Price/SqFt: 68.34
Sold Price/SqFt: 64.49
Building Area Total: 2912
Year Built: 1922
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Historical Remarks: Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code Resi, Miscellaneous: Cert of Occ Req'd No
Public Remarks: New Year, New investment! Check out this 3 unit in Palmerton. 1st unit is 3 bedrooms 2 baths. 2nd unit is 2 bedrooms 1 bath with an additional room that can be turned into a bedroom. Additional unit on 2nd floor is unfinished but has potential to be a 1 bed studio with kitchen and bath. 3rd level attic is unfinished but has potential to be renovated into additional space. Large 3 car garage in the rear with two rear parking spots additionally. Parking is located in the back off of Moyer Rd. Come check out this amazing investment before it's gone!
Income and Expenses
Gross Income: 37200
Net Operating Income: 31900
Operating Expense: 5300
Listing Terms
Cash: 1
Conventional: 1
Unit 1
Unit #: 1
Occupied YN: Y
Actual Rent: 1500
SqFt Total: 1300
Beds Total: 3
Baths Total: 2
Unit 2
Unit #: 2
Occupied YN: Y
Actual Rent: 1000
SqFt Total: 700
Beds Total: 2
Baths Total: 1
Unit 3
Unit #: 3
Actual Rent: 0
SqFt Total: 0
Unit 4
Unit #: 4
Actual Rent: 600
SqFt Total: 0
Construction Materials
Shingle Siding: 1
Cooling
None: 1
Heating
Electric: 1
Oil: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Water Source
Public: 1
Sewer
Septic Tank: 1
Road Surface Type
Paved: 1
Location Tax and Legal
County: Carbon
Street Number: 485
Street Name: Little Gap
Street Suffix: Road
City (Post Office): Palmerton
State: PA
Postal Code: 18071
Subdivision Name: Other
Status Change Information
Purchase Contract Date: 2023-12-11
Close Date: 2024-01-12
Close Price: 187800
Property Features
Listing Terms: Cash; Conventional
Construction Materials: Shingle Siding
Cooling: None
Heating: Electric; Oil
Water Heater: Electric
Appliances: Water Heater
Water Source: Public
Sewer: Septic Tank
Road Surface Type: Paved
Listing Office: Keller Williams Real Estate - Northampton Co
Last Updated: April - 15 - 2026
Information deemed reliable but not guaranteed.