NOT LISTED FOR SALE
4 Beds
2 Baths
2,384 Sq Ft
2,300 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $305,000 $128 Per Sq Ft

13 Days on Market

About This Home

As of March 2023

Upscale Renovations Just Completed, TURN-KEY 2 unit. Suitable for Owner Occupancy. All separate utilities, Off street parking. LOW TAXES. $40,000 GROSS INCOME, $35,500 NET INCOME. Steps away from the Billion-dollar Downtown Allentown Renaissance. Increasing demand and short supply continue to drive rents up, and this rental property has all of the amenities that quality tenants (or owner occupants) seek. The apartments are spacious and comfortable with quality, modern kitchens and bathrooms, very large room sizes, low-cost gas heating, high ceilings, new flooring, ceiling fans and much more. The property has undergone extensive improvements. Other notables include, replacement windows, newer furnaces and hot water heaters, fenced yard, off street parking. Tenants pay all utilities. Situated among 6 other grand, large Victorian style properties, this building has been prepared for long term, profitable operation.

Last Listed By

Gary Elbert

Bellman & Radcliff Listed on: 01/21/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1890

Lot Details

  • 2,300 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,384 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549780756888001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,240
  • Trash Expense $750
  • Water Sewer Expense $960
  • Operating Expense $4,572
  • Gross Income $40,080
  • Net Operating Income $35,508

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,861

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 88100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2384

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1240
  • Trash Removal: 750
  • Water Sewer: 960

Fee Information

  • Operating Expense: 4572

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.053
  • Lot Sq Ft: 2300
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549780756888001
  • County Taxes: 333.02
  • Municipal Taxes: 533.52
  • Total Taxes: 2861.41

Multi Family

  • School Taxes: 1994.87
  • Total Units: 2
  • Total Unit Count: 3

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold 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
03/08/2023 03/08/23 Sold $305,000 -4.7% $128 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $319,900 +212.7% $134 / Sq Ft
02/22/2021 02/22/21 Sold $102,300 0.0% $45 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $102,300 +309.2% $45 / Sq Ft
01/03/2021 01/03/21 For Sale $25,000 -75.6% $11 / Sq Ft
09/18/2020 09/18/20 Off Market $102,300 -- --
09/14/2020 09/14/20 For Sale $25,000 -- $11 / 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: 708969

Greater Lehigh Valley REALTORS®

APN: 549780756888-1