NOT LISTED FOR SALE
6 Beds
4 Baths
2,938 Sq Ft
2,200 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $350,000 $119 Per Sq Ft

3 Days on Market

About This Home

As of March 2023

This is your chance to own a 4 UNIT investment property in the heart of Downtown Allentown. This is a turnkey operation with (2) ONE bedroom apartments and (2) Two bedroom apartments. This property is just a few blocks away from the PPL Center and all that Downtown Allentown has to offer. Be a part of the Revitalization! This property is perfect to add to your portfolio. Rents are below market value. Owner will provide a clear CO. Owner has multiple properties for sale, please contact Realtor with questions.

Last Agent to Sell the Property

Rick Pongracz

Acre and Estate Listed on: 01/19/2023

Last Buyer's Agent

Rick Pongracz

Acre and Estate Listed on: 01/19/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1890

Lot Details

  • 2,200 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,938 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 549790025714001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $46
  • Operating Expense $20,528
  • Gross Income $37,200
  • Net Operating Income $16,672

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,139

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, Converted
  • County Assessment: 129600.00
  • 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: 4
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Square Footage: 2938

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 46

Fee Information

  • Operating Expense: 20528

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.051
  • Lot Sq Ft: 2200
  • Zoning Code: R-H-HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549790025714001
  • County Taxes: 489.89
  • Municipal Taxes: 714.49
  • Total Taxes: 4138.94

Multi Family

  • School Taxes: 2934.56
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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ICE

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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
03/07/2023 03/07/23 Sold $350,000 -26.3% $119 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $474,900 +331.7% $162 / Sq Ft
02/21/2014 02/21/14 Sold $110,000 0.0% $37 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $110,000 -- $37 / 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: 708760

Greater Lehigh Valley REALTORS®

APN: 549790025714-1