NOT LISTED FOR SALE
4 Beds
4 Baths
3,645 Sq Ft
2,614 Sq Ft Lot

Last Sold December 22, 2016

Last sale price $210,000 $58 Per Sq Ft

92 Days on Market

Highlights

  • Brick or Stone Veneer
  • Baseboard Heating
  • 3 Car Garage

About This Home

As of December 2016

Turnkey 5 unit investment opportunity, main building consists of 4 apartments that are fully rented. The 3 car detached garage behind the main building has a 2nd floor apartment that is also rented. This property has been maintained and managed by a property management company with the owner sparing no expense to keep this place running smoothly. Other investment opportunities have come the owner's way so it's time for someone to take advantage of his improvements!

Last Agent to Sell the Property

Chip Schmoyer

Iron Valley Real Estate Legacy Listed on: 06/30/2016

Iron Valley Real Estate Legacy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1890

Lot Details

  • 2,614

Parking

  • 3 Car Garage

Home Design

  • 3,645 Sq Ft Home
  • Converted Dwelling
  • Brick or Stone Veneer

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549689176644001

Community Details

Overview

  • 5 Units
  • Old Allentn Historic Subdivision

Building Details

  • Electric Expense $360
  • Insurance Expense $2,128
  • Maintenance Expense $1,000
  • Manager Expense $3,600
  • Water Sewer Expense $1,800
  • Operating Expense $10,588
  • Gross Income $36,200
  • Net Operating Income $25,612

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,341

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, Row-End Unit
  • County Assessment: 165400.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Square Footage: 3645

Exterior Features

  • Construction: Aluminum, Brick, Imitation Stone

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 3

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Gas: 960
  • Insurance: 2128
  • Water Sewer: 1800

Condo/Co-op/Association

  • Maintenance Repair: 1000
  • Management: 3600

Fee Information

  • Operating Expense: 10588

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: RH

Tax Info

  • Assessor Parcel Number: 549689176644001
  • County Taxes: 608.25
  • Municipal Taxes: 692.95
  • Total Taxes: 4340.62

Multi Family

  • School Taxes: 3031.57
  • Total Units: 5
  • Total Unit Count: 6

MLS Schools

  • School District: Allentown

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
12/22/2016 12/22/16 Sold $210,000 -10.6% $58 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $234,900 +14.6% $64 / Sq Ft
10/28/2015 10/28/15 Sold $205,000 -10.8% $56 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $229,900 -- $63 / 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: 524607

Greater Lehigh Valley REALTORS®

APN: 549689176644-1