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Sold on 11/16/2012

702 2nd St, Fullerton, PA 18052

$485,769

Last sold 11/16/2012 for $250K

  • —

    bed

  • —

    bath

  • 4,039

    Sqft ($62/Sqft)

Multi-family not for sale
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About 702 2nd St

Property type Multi-family
Year built 1840
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
5 unit with all upgrades. Long term tenants, owner owned since 1970. Some off st. parking. Some rents are below market. Well cared for complex. Basement has storage and laundry. Convenient location. Fully occupied. 2013 new assessment is $279,200 with projected taxes of $5691.84. With projected market rents then the Net Income would increase to $28010 there-by the Cap rate is 10.2%.
Listed by
Listing Agent - Robert J Miklas
Listing Office - Miklas Realty
Source: GLVR MLS mls logo
MLS#415872 • last updated 4 years ago
Movoto checked GLVR MLS for data 33 minutes ago
Overview
Cooling/AC None
Heating Baseboard, Electric
Levels/Style 3, 3
MLS # 415872
Status Closed
Living Area 4039
Property Tax 2071.82
Year Built 1840
Condition Unknown
Interior
Laundry Common Area
Interior Features Balcony
Exterior
Construction Vinyl Siding
Parking Paved, ParkingLot
Amenities / Utilities
Utilities Cable Available
Sewer/ Septic Public Sewer
Water Source Public
Security Features Fire Escape
Location
County Lehigh
Subdivision Not In Development
APN 640811562649
Directions 22 W. To Fullertown Exit, Left On 3rd To Right On Chestnut, Right On 2nd.
Multifamily Details
Total # of Units 5
Operating Expense 11081
Gross Income 31380
$485K
Range: $437K-$534K
Last 30 days 
Rental est.: $2,041/month
Gross rent multiplier: 10.2
  • Nov 2012
    Public Records
  • Nov 20, 2012 Sold
    $250,000
  • Nov 2012
    mls logo MLS # 415872
  • Nov 16, 2012 Sold
    $250,000 (-9.1%)
  • Aug 19, 2011 Listed
    $275,000
  • Year Property taxes Tax assessment
  • 2026
    $8,716 +6.5%
    $279,200
  • 2025
    $8,186 +3.5%
    $279,200
  • 2024
    $7,911 +2.1%
    $279,200
  • 2023
    $7,748 +2.3%
    $279,200
  • 2022
    $7,572 +3109.2%
    $279,200
  • 2020
    $236 -96.3%
    $279,200
  • 2019
    $6,437
    $279,200
  • 702 2nd St
    $250K
  • —
  • 18052
    $400K +21% y/y
  • Fullerton
    $347K +16% y/y
No chart available
Statistics calculated by Movoto

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5/10
George D Steckel El School
public Grades 2-3
Whitehall-Coplay School District
N/A
Clarence M Gockley El School
public Grades K-1
Whitehall-Coplay School District
7/10
Zephyr El School
public Grades 4-5
Whitehall-Coplay School District
6/10
Whitehall-Coplay Middle School
public Grades 6-8
Whitehall-Coplay School District
6/10
Whitehall High School
public Grades 9-12
Whitehall-Coplay School District
Source: GreatSchools.org © 2026. All rights reserved.

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