Property profile

506 Delaware Ave Fountain Hill, PA 18015

OFF-MARKET
Apartment buildings
Property ID
US73-2045529
7,670 SF 0.36 ac lot Built 1890
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1890
Construction FRAME
Total area 7,670 SF
Lot 0.36 ac (15,800 SF)
Zoning code RO
APN 642733898062-1
UPID US73-2045529

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

506 Delaware Ave Fountain Hill, PA 18015-1144
Fountain Hill metro Census 6800 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$690k
Comparable Approach Comparable
$796k
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

RO · Fountain Hill, PA
Zoning description

RO Residential/Office District: to provide for a variety of residential uses at medium-high densities, and to provide for professional, medical and similar offices, south of St. Luke's Hospital; and to allow compatible t…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $1.1M +18.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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