$389,000

Estimated payment $2,462/month

Total Views 20,714
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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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