NOT LISTED FOR SALE
7 Beds
4 Baths
2,636 Sq Ft
0.44 Acres

Last Sold September 14, 2012

Last sale price $150,000 $57 Per Sq Ft

45 Days on Market

Highlights

  • 0.44 Acre Lot
  • Fireplace
  • Ceiling Fan
  • Wood Flooring
  • Storm Windows
  • Baseboard Heating

About This Home

As of September 2012

Great Investment property with a 16.33 % Cap rate.... Completely renovated 4 unit corner property in a desirable location of Allentown each unit pays it's own heat and hot water, all hardwoods floor resurfaced and natural stained woodwork.
All units have new hot water heater, new ceramic tiles floors in all bathrooms and kitchens.

Property is owned by Pennsylvania Real Estate Licensees.

Last Agent to Sell the Property

Steven Kheir

Real Estate of America Listed on: 05/18/2012

Co-Listed By

Dave Fretz

BHHS Fox & Roach - Allentown License #AB066062

Last Buyer's Agent

Chip Schmoyer

Iron Valley Real Estate Legacy

Iron Valley Real Estate Legacy

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 19x120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,636 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Home Security

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549688267330001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $250
  • Insurance Expense $1,450
  • Maintenance Expense $2,500
  • Trash Expense $450
  • Operating Expense $6,540
  • Gross Income $34,140
  • Net Operating Income $27,600

Security

  • Storm Windows
  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • Technology: Cable, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 56700.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Features: Fire Escape, Fireplace, Hardwood, Rewired, Storm Windows
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 7
  • Square Footage: 2636

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Ceiling Fan, Window AC
  • Heat Type: Baseboard, Electric, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 250
  • Insurance: 1450
  • Trash Removal: 450

Condo/Co-op/Association

  • Lawn Snow Removal: 250
  • Maintenance Repair: 2500

Fee Information

  • Operating Expense: 6540

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.439
  • Lot Dimensions: 19x120
  • Lot Sq Ft: 19120
  • Zoning Code: R-H-High density res.

Tax Info

  • Assessor Parcel Number: 549688267330001
  • Total Taxes: 4141.66

Multi Family

  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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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
09/14/2012 09/14/12 Sold $150,000 -11.5% $57 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $169,500 -- $64 / 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: 430829

Greater Lehigh Valley REALTORS®

APN: 549688267330-1