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Sold for $900,000
  • $900,000

    1361 E Lizard Creek Rd, Lehighton, PA 18235

    14beds
    8,271sqft
    Multi Family, Apartment, Single Family Residence
    Built in 1992
    -- sqft lot
    $954,000 Zestimate®
    $109/sqft
    $1,512 Estimated rent

    Home value

    $954,000

    $735,000 - $1.23M

    $1,512/mo

    Zestimate® history
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    $1,512/mo

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    $5,657/mo

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    $5,657/mo

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    What's special

    $85200 Gross Rent a year and minimal maintenance. Discover an exceptional investment opportunity with this 1992-built, 7-unit apartment building featuring a timeless brick front and solid construction. Each unit offers two spacious bedrooms and one full bath, an LR, & a balcony/ Wide solid staircase. The top Floor is a penthouse Nestled on a picturesque A 2.46-acre lot, this property is ideally located near beautiful state parks and essential amenities, blending the serenity of nature with urban convenience. Recent upgrades, including a new roof and water system ensure the property remains in excellent condition with low maintenance costs. Long-term tenants provide stable rental income, with current rents attractively low, presenting a prime opportunity to increase market rates and boost your ROI. 5000 Sq Ft Paved parking for 15 cars. and coin-operated laundry in the building. Beyond its immediate benefits, the expansive lot offers significant potential for future development, allowing you to tailor the property to meet evolving market demands and maximize growth potential. This property is more than just an income generator; it’s a versatile asset with both immediate rewards and long-term possibilities. Whether you're a seasoned investor or new to real estate, this apartment building is sure to meet your financial goals and exceed your expectations. Contact us now to schedule a viewing and take the first step toward enhancing your portfolio with this remarkable opportunity

    Zillow last checked: 7 hours ago

    Listing updated: December 11, 2024 at 03:50am

    Listed by:

    Preety Minhas 484-358-5688,

    Keller Williams Northampton

    Bought with:

    Preety Minhas, RM426187

    Keller Williams Northampton

    Source: GLVR,MLS#: 743499MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Balcony
    Interior area
    • Total interior livable area: 8,271 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Off Street, Parking Lot
    Features
    • Stories: 2
    Lot
    • Size: 2.46 Acres
    Details
    • Parcel number: 729A23.01
    • Zoning: VC
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment, Single Family Residence
    Materials
    • Brick, Stucco
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Lehighton
    • Subdivision: No Subdivision

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/10/2024Sold$900,000-9.9%$109/sqft
    Source: GLVR #743499 Report a problem
    9/17/2024Pending sale$999,000$121/sqft
    Source: GLVR #743499 Report a problem
    8/14/2024Listed for sale$999,000$121/sqft
    Source: GLVR #743499 Report a problem
    8/14/2024Listing removed$999,000$121/sqft
    Source: GLVR #738176 Report a problem
    7/29/2024Price change$999,000-9.2%$121/sqft
    Source: GLVR #738176 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 18235

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lehighton

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $954,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $954,000