$389,000

128 S 12th St Allentown, PA 18102

Center City Neighborhood

Estimated payment $2,350/month

Total Views 24,273
4 Beds
3 Baths
2,006 Sq Ft
$194 Price per Sq Ft

About This Home

ATTENTION INVESTORS! This 100% Occupied THREE UNIT Investment property yields a 9% CAP RATE making this an easy add to your Investment Portfolio! Annual Rent Income is $45,300 Net $38,836 including property taxes. Ease of renting with property location near major highways and walking distance to all that center city has to offer. All utilities are separated so landlord pays water/sewer and owners meter electric only. Schedule your showing today!

Listing Agent

Kristine McCreary-Williams

Full CircleRealty&PropertyMgmt License #RS334286 Listed on: 04/23/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1908

Home Design

  • Brick or Stone Mason
  • Stucco

Interior Spaces

  • 2,006 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1,305 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $6,464
  • Gross Income $45,300
  • Net Operating Income $38,836

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,764

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Townhouse
  • Stories: 3
  • Year Built: 1908
  • LotSizeAcres: 0.03
  • Co List Office Mls Id: FULLCIR
  • Subdivision Name: Not in Development
  • PropertySubTypeAdditional: Townhouse
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2006.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick, Stucco

Utilities

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

Fee Information

  • Operating Expense: 6464.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 1305.0
  • Zoning: R-Mh

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 300.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 38836.0

Tax Info

  • Tax Annual Amount: 3763.79

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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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 List to Sale Price per Sq Ft
03/16/2025 03/16/25 For Sale $389,000 0.0% $194 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
04/23/2024 04/23/24 For Sale $389,000 -- $194 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 736509

Greater Lehigh Valley REALTORS®

APN: 549688553360-1

Pennsylvania Lehigh County Allentown 18102 Center City

128 S 12th St, Allentown, PA

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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Kristine McCreary-Williams
Listing Agent
Kristine McCreary-Williams
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Full CircleRealty&PropertyMgmt
(610) 762-8995