NOT LISTED FOR SALE

1324 S 3rd St Unit 1328 Allentown, PA 18103

Southside Neighborhood
4 Beds
2 Baths
2,104 Sq Ft
9,165 Sq Ft Lot

Last Sold March 30, 2012

Last sale price $135,000 $64 Per Sq Ft

35 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4 Car Garage
  • Storm Windows

About This Home

As of March 2012

Suitable for Owner Occupancy. This 2 family home sits on a Double lot surrounded by other homes on double lots providing a quiet, suburban setting. A large addition provides extra space in each unit. Kitchens and bathrooms are modern. The units are in rent-ready condition. Other notables include hardwood flooring, ceramic tiling, laminate floors, upgraded electric, with all systems properly maintained by the owner occupant. Mature landscaping for privacy & natural beauty, with an abundance of space for fun & frolic. This property is a desirable rental considering location, condition & outdoor amenities that provide a higher quality of living. A door atop staircase connects the units as upstairs tenants are family (easy to permanently separate if desired). Savvy operators will consider splitting utilities for greater long term investment return. Projected Net Income $13,322. Projected mortgage (with 10% down,6.5%/30yr) gives $3000+ yrly cash flow, approximately 20% annual return.

Last Listed By

Gary Elbert

Bellman & Radcliff Listed on: 01/01/2012

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1927

Lot Details

  • 9,165 Sq Ft Lot
  • Lot Dimensions are 60x155

Parking

  • 4 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640655237710001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,380
  • Insurance Expense $635
  • Trash Expense $690
  • Water Sewer Expense $640
  • Operating Expense $9,147
  • Gross Income $22,800
  • Net Operating Income $13,653

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,338

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 43700.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Features: Hardwood, Storm Doors, Storm Windows
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2104

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Hot Water, Oil, Radiant
  • Sewer: Public
  • Water: Public
  • Electric: 1380
  • Gas: 345
  • Heat: 2120
  • Insurance: 635
  • Trash Removal: 690
  • Water Sewer: 640

Fee Information

  • Operating Expense: 9147

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.210
  • Lot Dimensions: 60x155
  • Lot Sq Ft: 9165
  • Zoning Code: R-Ml med-low density residential

Tax Info

  • Assessor Parcel Number: 640655237710001
  • Total Taxes: 3337.80

Multi Family

  • Total Units: 2
  • Total Unit Count: 2

Range of Values:

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Average Value
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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
03/30/2012 03/30/12 Sold $135,000 0.0% $64 / Sq Ft
02/05/2012 02/05/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $135,000 -- $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: 422307

Greater Lehigh Valley REALTORS®

APN: 640655237710-1