$37,000
SOLD MAY 8, 2014
5 Beds
3 Baths
2,128 Sq Ft
2,034 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

541 Days on Market

About This Home

As of May 2014

MULTIPLE OFFERS RECEIVED. SUBMIT HIGHEST & BEST OFFER BY FRIDAY, OCTOBER 18TH AT 5:00 PM. 3 Unit apartment building sitting in the heart of the City of Allentown. Walking distance to new ice hockey arena, schools, shopping and entertainment. Only minutes to RTE 22 and the MacArthur Rd. shopping area. This investment opportunity is just waiting for your finishing touches to turn it into your very own. Great income potential. Building consists of (2) 2 Bedroom units and(1) 1 Bedroom unit. Each unit has 1 semi-modern bathroom, a semi-modern kitchen complete with a gas range and refrigerator and separate gas water heater and electricity. All units are presently vacant and the property is for sale in as-is condition. Extensive vandalism has occurred. Buyer responsible for activation of utilities if they wish to conduct a full property inspection.

Last Agent to Sell the Property

Tai DeSa

Keller Williams Allentown Listed on: 04/28/2012

Keller Williams Allentown

Last Buyer's Agent

William Feiertag

IronValley RE of Lehigh Valley License #RS300409

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 2,034 Sq Ft Lot
  • Lot Dimensions are 18 x 113

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,128 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

Additional Features

  • Balcony
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 549780807488001

Community Details

Building Details

  • Electric Expense $300
  • Insurance Expense $1,000
  • Water Sewer Expense $600
  • Operating Expense $6,000
  • Gross Income $25,800
  • Net Operating Income $19,800

Additional Features

  • 3 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 79900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: 12

Interior Features

  • Features: Balcony, Fire Escape
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2128

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Heat: 300
  • Insurance: 1000
  • Water Sewer: 600

Fee Information

  • Operating Expense: 6000

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.047
  • Lot Dimensions: 18 x 113
  • Lot Sq Ft: 2034
  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 549780807488001
  • County Taxes: 302.82
  • Municipal Taxes: 379.36
  • Total Taxes: 2005.34

Multi Family

  • School Taxes: 1323.16
  • Total Units: 3
  • Total Unit Count: 3

Range of Values:

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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
10/08/2015 10/08/15 Rented $725 0.0% --
10/01/2015 10/01/15 Under Contract -- -- --
09/09/2015 09/09/15 For Rent $725 0.0% --
05/08/2014 05/08/14 Sold $37,000 -38.3% $17 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
04/28/2012 04/28/12 For Sale $60,000 -- $28 / 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: 429298

Greater Lehigh Valley REALTORS®

APN: 549780807488-1