$225,000
SOLD JUN 20, 2025
2 Beds
2 Baths
1,478 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • Detached Garage
  • Patio
  • Heating Available
  • Brick or Stone Mason

About This Home

As of June 2025

Terrific and profitable 2 unit in Allentown with a 10% cap rate. Both units are oversized 1 bedroom apartments in good condition. Tenants pay all utilities except for water. Property has two gas boilers and 2 gas hot water heaters. Additionally, property has a detached garage which could be used for owner storage or additional rent. Property is a definite MUST SEE!!!

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters Listed on: 05/10/2025

Last Buyer's Agent

Jocelyn Roman

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1925

Parking

  • Detached Garage

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,478 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $5,753
  • Gross Income $28,800
  • Net Operating Income $23,047

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,693

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 2
  • Year Built: 1925
  • LotSizeAcres: 0.04
  • Lot Size: 14.42 x 120
  • Co List Office Mls Id: REAOUT
  • Subdivision Name: Not in Development
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1478.0
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 5753.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 1729.0
  • Zoning: RMH

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 300.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 23047.0

Tax Info

  • Tax Annual Amount: 2693.39

Range of Values:

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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
06/20/2025 06/20/25 Sold $225,000 -2.1% $152 / Sq Ft
05/18/2025 05/18/25 Off Market $229,900 -- --
05/10/2025 05/10/25 For Sale $229,900 +410.9% $156 / Sq Ft
08/03/2012 08/03/12 Sold $45,000 -4.3% $30 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $47,000 -- $32 / 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: 757228

Greater Lehigh Valley REALTORS®

APN: 549773449305-1