3305 Municipal Drive Whitehall, PA 18052
MULTI_FAMILY - Whitehall Twp, PA
Property Features for 3305 Municipal Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- OS-1
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 5
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- PropaneTankOwned
- Standard status
- Active
- APN
- 549920251133001
- Size
- 5,479 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13783
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1840
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet
- Building materials
- Stucco
Listing agent Loren K. Keim Jr. License #RB-045762-L (877) 208-4158
Listing office CENTURY 21 Keim Realtors 90 N Cedar Crest Blvd, Allentown, PA (610) 395-0393
Listing date Apr 4, 2025
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- 3‑acre Whitehall Township property with two homes converted into 4 income‑generating units
- Includes barn, garage, and shed/workshop on the 3‑acre parcel
- Recent improvements include fresh interior and exterior paint, updated appliances and lighting, and replacement windows
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.5k | $10.32 |
| − Vacancy | −$4.2k | −$0.76 |
| EGI | $52.4k | $9.56 |
| − OpEx | −$15.7k | −$2.87 |
| NOI | $36.6k | $6.69 |
