Multifamily For Sale

$529,900

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55 Laurel Way
Lower Towamensing Tp, PA 18071

  • – beds
  • – baths
  • 4,540 sqft
  • ~2 acre lot
  • $116 per sqft
  • 1991 build

Incredible Investment Opportunity to own Large Recreational Property in Beautiful Serene Setting near Blue Mountain Resort & Beltzville Lake. Newly renovated w/ 6 furnished BR’s & 5 full BA’s. Fully equipped kitchen w/ SST GE Appliances & Granite Counters. Two Dining Room Tables. Wet Bar Area’s with 2 mini-fridges and microwaves. Relax on the Large Sectional Couch in the LR w/ Home Entertainment System perfect for listening to music w/ Sonos Home Audio or watch movies on 65-inch flat-screen cable TV equipped with Xbox & PlayStation consoles. Enjoy Forest Views and Twinkling Night Sky w/ drinks on the Furnished Deck around the In Ground Pool. The Family Room even offers pullout bed if additional accommodations are needed. Completely turnkey w/ resident Property Mgr that resides in 1 BR apt over 3 car garage. Investment yields Gross Rents of $75,681 per year. Currently utilizing Evolve vacation rental agency to promote & book year round, but save some time for your family vacations!

GLVR logo Listing courtesy of GLVR / One Valley Realty LLC

Last checked: Checking… • Last updated Nov 8, 2021 •

MLS# 669573 —

Amenities & Taxes

The Building

Year Built:
1991
Construction:
Vinyl
Stories:
2.0
Square Footage:
4,540 Sqft
Square Footage Source:
Estimated

Financial & Terms

Possible Financing:
Cash, Conventional, FHA, VA

Location

Area:
Lower Towamensing

The Property

Property Type:
Investment Property
Property Sub Type:
Investment Property
Property Sub Type Category:
Detached
Zoning Code:
Residential
Lot Size Source:
Tax Records
Lot Square Footage:
86684
Features:
Furnished, Wall-to-Wall Carpet, Wash/Dry Hook-ups
Acres:
1.990

Listing Agent

Contact info:

Taxes

Total Taxes:
$8,674

The Listing

Marketing Remarks:
Incredible Investment Opportunity to own Large Recreational Property in Beautiful Serene Setting near Blue Mountain Resort & Beltzville Lake. Newly renovated w/ 6 furnished BR’s & 5 full BA’s. Fully equipped kitchen w/ SST GE Appliances & Granite Counters. Two Dining Room Tables. Wet Bar Area’s with 2 mini-fridges and microwaves. Relax on the Large Sectional Couch in the LR w/ Home Entertainment System perfect for listening to music w/ Sonos Home Audio or watch movies on 65-inch flat-screen cable TV equipped with Xbox & PlayStation consoles. Enjoy Forest Views and Twinkling Night Sky w/ drinks on the Furnished Deck around the In Ground Pool. The Family Room even offers pullout bed if additional accommodations are needed. Completely turnkey w/ resident Property Mgr that resides in 1 BR apt over 3 car garage. Investment yields Gross Rents of $75,681 per year. Currently utilizing Evolve vacation rental agency to promote & book year round, but save some time for your family vacations!

Heating & Cooling

Heat:
No
Cooling:
Central AC

Utilities

Water:
Well
Water Sewer:
No
Sewer:
Septic
Gas:
No
Electric:
No

Schools

School District:
Palmerton

The Community

Subdivision:
Little Gap Estates
Association:
Lehigh Valley MLS

Parking

Parking:
Garage
Parking Spaces:
7

Schools

Rating Details

Palmerton Area High School

  • Public
  • 9-12
  • 5.2 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Factor

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

ClimateCheck

65 /100
  • Storm Risk
  • Very High

31 /100
  • Drought Risk
  • Significant

100 /100
  • Heat Risk
  • Extreme

0 /100
  • Fire Risk
  • Relatively Low

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

See the full report from ClimateCheck®

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Sale history

Date Event Source Price % Change
7/15/21
Price Changed GLVR $529,900 -3.6%
6/11/21
Listed / Active GLVR $549,900

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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55 Laurel Way
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This multifamily located in PA 18071 is currently for sale for $529,900. 55 Laurel Way is a 4,540 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Palmerton Area High School.

GLVR logo Listing Courtesy of: GLVR and One Valley Realty LLC.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Estately, Inc, are indicated by detailed information about them such as the name of the listing firms. Information Deemed Reliable But Not Guaranteed. Copyright 2021 Greater Lehigh Valley REALTORS®.

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