NOT LISTED FOR SALE

1242 Hamilton St Allentown, PA 18102

Center City Neighborhood
-- Bed
-- Bath
5,929 Sq Ft
9,409 Sq Ft Lot

Last Sold June 18, 2024

Last sale price $570,000 $96 Per Sq Ft

61 Days on Market

Highlights

  • 0.22 Acre Lot
  • Commercial or Retail Space
  • Central Air

About This Home

As of June 2024

A perfect opportunity to own a piece of Allentown’s rich history with the exceptional Max Hess building! This grand & prestigious building could be the perfect space to accommodate your distinguished growing business. Featuring up to 15 office spaces, 2 magnificent conference rooms, 2 beautifully restored ornate bathrooms, & 2 others to accommodate each floor. Throughout the building, you’ll find stunning architectural details including, ornate wood accents & built-ins, 10 ft ceilings, impressive 12 inch crown molding, tiger oak hardwood floors. A grand wood staircase with stained glass windows adds to the building’s unique character. With long-term tenants in place, this is also the perfect investment opportunity. Ideally located near the PPL Center in the growing Downtown Allentown Neighborhood Improvement Zone (NIZ), & the vibrant arts & cultural district. This building is a remarkable choice for your business venture.

Last Agent to Sell the Property

Dina Evangelou

Keller Williams Allentown Listed on: 04/01/2024

Keller Williams Allentown

Co-Listed By

Ted Evangelou

Keller Williams Allentown

Last Buyer's Agent

Jennifer Botchway

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,510

Year Built

  • Built in 1825

Lot Details

  • 9,409 Sq Ft Lot

Parking

  • 14 Parking Spaces

Home Design

  • 5,929 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction
  • Stone

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549679807399 001

Community Details

Overview

  • 15 Units

Building Details

  • Electric Expense $2,500
  • Insurance Expense $3,000
  • Maintenance Expense $2,500
  • Trash Expense $720
  • Water Sewer Expense $720
  • Operating Expense $25,440
  • Gross Income $109,560
  • Net Operating Income $84,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,510

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 305600.00
  • Street Number Modifier: 1244
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1825
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Square Footage: 5929

Exterior Features

  • Construction: Brick, Stone

Garage/Parking

  • Parking Spaces: 14

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 2500
  • Gas: 2500
  • Insurance: 3000
  • Trash Removal: 720
  • Water Sewer: 720

Condo/Co-op/Association

  • Lawn Snow Removal: 2500
  • Maintenance Repair: 2500

Fee Information

  • Operating Expense: 25440

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.216
  • Lot Dimensions: 9409
  • Lot Sq Ft: 9409
  • Zoning Code: B1/R

Tax Info

  • Assessor Parcel Number: 549679807399 001
  • County Taxes: 1155.17
  • Municipal Taxes: 2435.25
  • Total Taxes: 10510.18

Multi Family

  • School Taxes: 6919.76
  • Total Units: 15
  • Total Unit Count: 11

MLS Schools

  • School District: Allentown

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
06/18/2024 06/18/24 Sold $570,000 -4.8% $96 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $599,000 -7.7% $101 / Sq Ft
04/01/2024 04/01/24 For Sale $649,000 +44.2% $109 / Sq Ft
02/28/2013 02/28/13 Sold $450,000 -9.1% $76 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $495,000 -- $83 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dina Evangelou

    Seller's Agent in 2024

    Dina Evangelou

    Keller Williams Allentown

    (610) 435-1800

    5 in this area

    81 Total Sales

    Dina Evangelou
    Section Image
  • Ted Evangelou

    Seller Co-Listing Agent in 2024

    Ted Evangelou

    Keller Williams Allentown

    (610) 751-7240

    2 in this area

    32 Total Sales

    Ted Evangelou
    Section Image
  • Jennifer Botchway

    Buyer's Agent in 2024

    Jennifer Botchway

    EXP Realty LLC

    (484) 678-7369

    4 in this area

    64 Total Sales

    Jennifer Botchway
    Section Image
  • Paula Antario

    Seller's Agent in 2013

    Paula Antario

    Twin Rivers Real Estate LLC

    (610) 829-6077

    10 in this area

    81 Total Sales

    Paula Antario
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 735175

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18102 Center City

1242 Hamilton St, Allentown, PA

This home is located at 1242 Hamilton St, Allentown, PA 18102 since 01 April 2024. This property was built in 1825. 1242 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.
Information is deemed reliable but not guaranteed.

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