$389,000

Estimated payment $2,481/month

Total Views 18,846
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 Listed on: 04/23/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1908

Lot Details

  • 1,305 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 5496885533600001

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: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 130100.00
  • Stories: 3.0
  • Year Built: 1908
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2006

Exterior Features

  • Construction: Brick, Stucco

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Insurance: 1200
  • Water Sewer: 1200

Fee Information

  • Operating Expense: 6464

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.030
  • Lot Sq Ft: 1305
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 5496885533600001
  • Total Taxes: 3763.79

Multi Family

  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Map

Range of Values:

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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
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®

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 736509

Greater Lehigh Valley REALTORS®

APN: 549688553360-1