$190,000
SOLD JUN 25, 2018
8 Beds
3 Baths
3,357 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

12% Below List Price

6 Days on Market

About This Home

As of June 2020

TURN KEY 3 UNIT Cash Cow. Across from Good Shepard Hospital. 3 Units. $29100 Income, $22491 Net before debt service. 10.5 CAP Rate. This detached building has TWO 3 bedroom units and ONE 2 bedroom unit. VERY large 3 BR apts (over 1200 sq ft), upper apt has a GREAT view. Tenants pay all utilities. Long term tenant, professionally operated. Current owner never raised rents since rehab. Rents below market for size, condition and location. New rubber roof. Low maintenance property (no grass, no fines). All apartments were renovated and are very appealing as rentals. Perfect location, near elementary school, shopping & bus routes. EASY to RENT & RUN! Suitable for owner occupancy or use as an ideal rental property (location, size, condition, operability). Continuing Professional Property Management available if desired, but this is an easy one to operate.

Last Agent to Sell the Property

Gary Elbert

Bellman & Radcliff Listed on: 04/10/2018

Co-Listed By

Evelyn Martinez

Bellman & Radcliff

Last Buyer's Agent

David Ribardo

Keller Williams Allentown

Keller Williams Allentown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1900

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,357 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Balcony
  • Property is zoned R-mh

Listing and Financial Details

  • Assessor Parcel Number 640636052270001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 118500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 8
  • Square Footage: 3357

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 870
  • Trash Removal: 1125
  • Water Sewer: 1410

Fee Information

  • Operating Expense: 6609

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-mh

Tax Info

  • Assessor Parcel Number: 640636052270001
  • Total Taxes: 3204.00

Multi Family

  • Total Units: 3
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

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Range of Values:

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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
06/24/2020 06/24/20 Sold $210,390 -1.7% $63 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $214,000 +12.6% $64 / Sq Ft
06/25/2018 06/25/18 Sold $190,000 -11.6% $57 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $215,000 +186.7% $64 / Sq Ft
08/28/2014 08/28/14 Sold $75,000 -31.8% $22 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $109,900 -- $33 / 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: 576309

Greater Lehigh Valley REALTORS®

APN: 640636052270-1