NOT LISTED FOR SALE
9 Beds
4 Baths
4,140 Sq Ft
0.25 Acres

Last Sold May 03, 2019

Last sale price $452,500 $109 Per Sq Ft

17 Days on Market

About This Home

As of May 2019

This fantastic FOUR unit offers a total renovation. Featuring beautiful new kitchens with white cabinetry, stainless appliances, granite counters, porcelain flooring, new carpeting, and hardwood,and new baths with tile showers and floors. Freshly painted inside and out, new plumbing, separate 100 amp electric panels for each unit and separate owners meter, new gas meters and line to street, new direct vent high efficiency gas furnaces for each unit and set up for future AC connection if desired. All smoke and CO detectors are hardwired, new 2" water main with sprinkler system, fire escape, laundry hook up in basement and on both sides, new siding, capping and windows, new parking lot, side yard, mature trees, and Clear CO. All NEW and NOTHING to DO. Don't miss this unique opportunity to add this property to your investment portfolio. With minimal maintenance, that means more cash in your pocket. Project Gross Income $59,880

Last Listed By

Christine Amelio

Rudy Amelio Real Estate Listed on: 02/28/2019

Rudy Amelio Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1905

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 137

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 641727567633001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $2,000
  • Water Sewer Expense $2,500
  • Gross Income $59,880
  • Net Operating Income $54,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,525

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Both Halves, Converted
  • Technology: Cable, Smoke Detector Wired
  • County Assessment: 213400.00
  • Stories: 2.0
  • Street Number Modifier: 725-727
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Features: Fire Escape, Fireplace, Rewired, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 9
  • Square Footage: 4140

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 8

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 480
  • Insurance: 2000
  • Water Sewer: 2500

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.252
  • Lot Dimensions: 60 x 137
  • Lot Sq Ft: 10994
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: 641727567633001
  • County Taxes: 1538.04
  • Municipal Taxes: 776.78
  • Total Taxes: 6525.01

Multi Family

  • School Taxes: 4210.19
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $452,500 -2.6% $109 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $464,500 -- $112 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 602342

Greater Lehigh Valley REALTORS®