NOT LISTED FOR SALE

1125 W Hamilton St Allentown, PA 18101

Center City Neighborhood

Estimated Value: $803,053

8 Beds
7 Baths
9,712 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $685,000 $71 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,146/month

139 Days on Market

Highlights

  • 0.19 Acre Lot
  • Central Air
  • Hot Water Heating System
  • Commercial or Retail Space

About This Home

As of April 2023

MIXED USE INVESTMENT PROPERTY - 6 Units: 2 Commercial spaces on the 1st floor & 4 apartments (2nd & 3rd flr's). 1125 W. Hamilton St, 1st flr commercial space (1,800 SF) is currently getting ready to rent @ $1,500/mo. Property is a 6% CAP RATE when the 1,800 SF space at 1125 W. Hamilton is rented. There is an additional 1,100 SF commercial space (currently vacant), rear of Boost Mobile, that was occupied by the property owner's business. Owner is now retired. With this additional 1,100 SF leased @ $10/SF, the potential CAP RATE increases to 7.43%. There is off-street parking for 10 vehicles at rear of building. Financial information also posted or call Listing Agent.

Last Agent to Sell the Property

Earl Stafford, MS

Coldwell Banker Heritage R E Listed on: 10/13/2022

Coldwell Banker Heritage R E

Last Buyer's Agent

GABRIEL DEFALCIS

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,400

Year Built

  • Built in 1900

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 40 x 205

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction
  • Stucco Exterior
  • Vinyl Construction Material

Interior Spaces

  • 9,712 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 10 Parking Spaces
  • Off-Site Parking

Utilities

  • Central Air
  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 5496895506411

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,401
  • Insurance Expense $4,923
  • Maintenance Expense $100
  • Water Sewer Expense $2,011
  • Operating Expense $11,302
  • Gross Income $73,200
  • Net Operating Income $44,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,400

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use
  • Technology: Smk Detector Battery
  • County Assessment: 296300.00
  • Stories: 3.0
  • Street Number Modifier: 1127
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Semi Modern
  • Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bedrooms: 8
  • Square Footage: 9712

Exterior Features

  • Construction: Brick, Stucco, Vinyl

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 10

Utilities

  • Cooling: Central AC, No Air
  • Heat Type: Gas, Hot Water, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 1401
  • Gas: 1716
  • Heat: 3540
  • Insurance: 4923
  • Water Sewer: 2011

Condo/Co-op/Association

  • Lawn Snow Removal: 60
  • Maintenance Repair: 100

Fee Information

  • Operating Expense: 11302

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.188
  • Lot Dimensions: 40 X 205
  • Lot Sq Ft: 8189
  • Zoning Code: B2 Central Business

Tax Info

  • Assessor Parcel Number: 5496895506411
  • County Taxes: 1120.01
  • Municipal Taxes: 2571.33
  • Total Taxes: 10400.00

Multi Family

  • School Taxes: 6709.18
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Apr 12, 2023
Sold by
Carfagno Robert and Carfagno Donna
Bought by
Queen City Realty Llc
Seller's Agent
Earl Stafford, MS
Coldwell Banker Heritage R E
Buyer's Agent
GABRIEL DEFALCIS
IronValley RE of Lehigh Valley
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%
Views
466
Current Estimated Value
$803,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,053
Avg. Annual Appreciation
6.05%
Original Mortgage
$548,000
Outstanding Balance
$534,029
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$256,508

Purchase Details

Closed on
Sep 23, 2005
Sold by
Cam Llc
Bought by
Carfagno Robert and Carfagno Donna

Purchase Details

Closed on
Feb 23, 2001
Sold by
Ebert Cindy Lynn and Zern Philip Paul
Bought by
Cam Llc

Purchase Details

Closed on
Jan 3, 1990
Sold by
Sorrentino Philip N
Bought by
Sorrentino Philip N Trust

Purchase Details

Closed on
May 1, 1978
Bought by
Sorrentino Philip N
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Queen City Realty Llc $685,000 Penn Title
Carfagno Robert $300,000 None Available
Cam Llc $100,000 --
Sorrentino Philip N Trust -- --
Sorrentino Philip N $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Queen City Realty Llc $75,000
Open Queen City Realty Llc $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $685,000 -8.7% $71 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
10/13/2022 10/13/22 For Sale $750,000 -- $77 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,401 $296,300 $65,600 $230,700
2024 $10,401 $296,300 $65,600 $230,700
2023 $10,401 $296,300 $65,600 $230,700
2022 $10,063 $296,300 $230,700 $65,600
2021 $9,877 $296,300 $65,600 $230,700
2020 $9,639 $296,300 $65,600 $230,700
2019 $9,496 $296,300 $65,600 $230,700
2018 $8,754 $296,300 $65,600 $230,700
2017 $8,548 $296,300 $65,600 $230,700
2016 -- $296,300 $65,600 $230,700
2015 -- $296,300 $65,600 $230,700
2014 -- $274,700 $65,600 $209,100
Source: Public Records

Agents Affiliated with this Home

  • Earl Stafford, MS

    Seller's Agent in 2023

    Earl Stafford, MS

    Coldwell Banker Heritage R E

    (267) 772-0680

    1 in this area

    33 Total Sales

    Earl Stafford, MS
    Section Image

  • G

    Buyer's Agent in 2023

    GABRIEL DEFALCIS

    IronValley RE of Lehigh Valley

    (484) 725-0029

    2 in this area

    70 Total Sales

    GABRIEL DEFALCIS
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 703005

Greater Lehigh Valley REALTORS®

APN: 549689550641-1

Pennsylvania Lehigh County Allentown 18101 Center City

1125 W Hamilton St, Allentown, PA

This home is located at 1125 W Hamilton St, Allentown, PA 18101 since 13 October 2022 and is currently estimated at $803,053, approximately $82 per square foot. This property was built in 1900. 1125 W Hamilton St is a home located in Lehigh County with nearby schools including Union Terrace Elementary School, Francis D Raub Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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