About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

525 14th Ave, Bethlehem, PA 18018

$892,000

Last sold 12/04/2020 for $485K

8
bed
4
bath
3,432
Sqft ($141/Sqft)

House not for sale

About 525 14th Ave

Property type House

Neighborhood

Year built 1950

HOA fee $0/month

Lot size 0.26 Acre

Movoto estimate

Property description

An INCREDIBLE detached Brick Beauty located in desirable West Bethlehem! If you are looking for an solid investment that starts paying you on day 1, this is it! 4 very nicely renovated units w/ 2 BR's each, foyer entrance both front & back. A new gas conversion including state of the art, economical gas heater & hot water service. Electric modified to provide individual meters for each unit. Replacement windows throughout. Large basement w/ individual storage spaces/units as well as a shared laundry for tenants to utilize their own W/D. Kitchens & Bathrooms are slightly different, but fully functional & great condition! Low costs because of recent renovations, but high quality living space! Paved Parking pad & loads of street parking. Located on quiet residential street. Easily rented! Currently 3 units are occupied & open unit has lease to begin 11/1. Current cap at 8%, easily 9%+ w/ appropriate rate adjustments. Easy to maintain. Seller to provide clear CO.

Listed by

Listing Agent - Liz Paoletti

Listing Office - Equity MidAtlantic Real Estate

Source: GLVR MLS

MLS#648648 • last updated 4 years ago

Movoto checked GLVR MLS for data 9 minutes ago

Overview
Cooling/AC	CeilingFans, WindowUnits, WallUnits
Heating	Gas, HotWater
Levels/Style	2, 2
SubType	Detached
MLS #	648648
Status	Closed
Living Area	3432
Lot Size (SqFt)	11252
Property Tax	6807.89
Year Built	1950

Interior
Total # of Bathrooms	4
# of Full Baths	4
Total # of Bedrooms	8
Laundry	CommonArea, WasherHookup
Flooring	Carpet, Hardwood

Exterior
Construction	Brick
Parking	Paved, ParkingLot
Patio/Porch	Patio

Amenities / Utilities
Utilities	Cable Available
Sewer/ Septic	Public Sewer
Water Source	Public
Security Features	SmokeDetectors, FireEscape

Location
County	Lehigh
Subdivision	Not In Development
APN	641797796857001
Directions	Take Broad Street From Center City Bethlehem West To 14th Street, Turn Left, Property On Right.

Multifamily Details
Total # of Units	4
Operating Expense	14174
Gross Income	51960

$892K

Range: $767K-$1.01M

Last 30 days

Lower your payment with the loan terms that fit you.

Dec 2020
Public Records
Dec 10, 2020 Sold
$485,000
Dec 2020
MLS # 648648
Dec 4, 2020 Sold
$485,000 (+2.1%)
Sep 18, 2020 Available
$474,900 (-7.8%)
Sep 16, 2020 Listed
$515,000 (+49.3%)
May 2016
Public Records
May 23, 2016 Sold
$345,000
May 2016
MLS # 515241
May 9, 2016 Sold
$345,000 (-6.8%)
Mar 15, 2016 Listed
$370,000

Year Property taxes Tax assessment
2026
$7,103 +2.4%

$241,500
2025
$6,938 +1.2%

$241,500
2024
$6,859 +0.9%

$241,500
2023
$6,798 -1.6%

$241,500
2022
$6,909 +16605.3%

$241,500
2020
$41 -99.3%

$241,500
2019
$6,282

$241,500

525 14th Ave
$485K
West Bethlehem
$339K +1% y/y
18018
$329K +8% y/y
Bethlehem
$438K +20% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
529 14th Ave, Bethlehem, PA 18018	$306,200	2/1	1,026	0.01
515 14th Ave, Bethlehem, PA 18018	$338,000	3/1	1,577	0.02
533 14th Ave, Bethlehem, PA 18018	$374,500	3/1	2,400	0.02
1504-1510 W Market St, Bethlehem, PA 18018	$422,000	4/2	1,823	0.03
514 14th Ave, Bethlehem, PA 18018	$279,800	2/1	1,014	0.03
530 14th Ave, Bethlehem, PA 18018	$326,000	4/1	1,946	0.03
524-528 14th Ave, Bethlehem, PA 18018	$381,000	3/1	1,946	0.03
1514-1518 W Market St, Bethlehem, PA 18018	$570,000	3/2	3,066	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.