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Property profile & analytics
OFF-MARKET
Residential income homes
1522-1524 Broadway Fountain Hill, PA 18015
Entity Owned
7-yr Hold
Property ID
US73-1935506
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1865
Construction
BRICK
Total area
2,476 SF
Lot
0.29 ac (12,498 SF)
Zoning code
GC
APN
642609273077-1
UPID
US73-1935506
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jhoff Enterprises LLC · 7 yrs held
Jhoff Enterprises LLC
since 2019
3 recorded transactions
Zoning & alternative use
GC · Fountain Hill, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GC General Commercial District: to provide for a wider range of commercial uses, including heavier commercial uses than are allowed in the Town Center and Residential/Commercial Districts. (9) I Industrial District: to provide for industrial uses and select commercial uses/businesses; and to carefully control the types of industrial operations to avoid nuisa…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
6.13 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fountain Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,069
Tax year 2024
Assessed value
$159,400
Assessed 2024
Previous assessed
$159,400
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$38,600
Assessed improvement
$120,800
Land market value
$38,600
Improvement market value
$120,800
Total market value
$159,400
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1865
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
3
Rooms
7
Bathrooms
1
Total area
2,476 SF
Lot
0.29 ac (12,498 SF)
Zoning code
GC
APN
642609273077-1
UPID
US73-1935506
Jurisdiction
LEHIGH
Zoning & alternative use
GC · Fountain Hill, PAZoning GC · permitted uses
GC · Fountain Hill, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GC General Commercial District: to provide for a wider range of commercial uses, including heavier commercial uses than are allowed in the Town Center and Residential/Commercial Districts. (9) I Industrial District: to provide for industrial uses and select commercial uses/businesses; and to carefully control the types of industrial operations to avoid nuisances (such as excessive noise) and hazards. (10) INST Institutional District: to provide for hospital, other medically related and quasipublic uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
6.13 ac
Building & site characteristics
From public records
Year built
1865
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
3
Rooms
7
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Jhoff Enterprises LLC
Entity
Mailing address
127 N 17TH ST, ALLENTOWN, PA 18104-5603
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2019
$165,000
Jhoff Enterprises LLC
Judith H Balliet
Deed
$148,500 · Lendinghome Funding Corp
Jan 18, 2019
—
Judith H Balliet
Balliet,kevin P
Quit Claim Deed
related
—
Nov 17, 2016
—
Kevin P Balliet
Balliet,judith H
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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