NOT LISTED FOR SALE

134 S Madison St Allentown, PA 18102

Center City Neighborhood
3 Beds
3 Baths
2,499 Sq Ft
2,278 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $135,000 $54 Per Sq Ft

10 Days on Market

About This Home

As of October 2019

After 18 years under 1 owner, this property is available for purchase. This is finally your opportunity to own a multi-unit in Allentown! Featuring 3 one-BR units–all w/ private kitchens & baths. Separate meters-tenants pay own heat & hot water. 2 car parking in the back along w/ street parking. 2 tenants are long-term tenants w/ one having lived here 20+ years. The cap rate of return is 11% - you don’t see that kind of return just putting your $ in the bank! Great investment! ***En español**¡Después de 18 años con un propietario, ahora es su oportunidad de tener una vivienda de unidades múltiples en Allentown! Presentando 3 unidades; cada una con 1 dormitorio; todas con cocinas y baños privados. Medidores separados-inquilinos pagan por su propia calefacción y agua caliente. Estacionamiento: 2 carros. Hay 2 inquilinos a largo plazo: uno ha vivido aquí por 20+ años. La tasa de rentabilidad es 11%; no ven ese tipo de retorno ahorrando dinero en el banco! ¡Qué inversión fantástica!**

Last Agent to Sell the Property

Faith Brenneisen

Keller Williams Allentown Listed on: 09/18/2019

Keller Williams Allentown

Last Buyer's Agent

Faith Brenneisen

Keller Williams Allentown Listed on: 09/18/2019

Keller Williams Allentown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1910

Lot Details

  • 2,278 Sq Ft Lot
  • Lot Dimensions are 19x120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,499 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549678609945001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $35
  • Insurance Expense $999
  • Maintenance Expense $172
  • Water Sewer Expense $220
  • Operating Expense $5,815
  • Gross Income $18,900
  • Net Operating Income $13,085

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,344

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 113500.00
  • Stories: 3.0
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 2499

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 35
  • Insurance: 999
  • Water Sewer: 220

Condo/Co-op/Association

  • Maintenance Repair: 172

Fee Information

  • Operating Expense: 5815

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.052
  • Lot Dimensions: 19x120
  • Lot Sq Ft: 2278
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 549678609945001
  • County Taxes: 413.14
  • Municipal Taxes: 652.35
  • Total Taxes: 3343.93

Multi Family

  • School Taxes: 2278.44
  • Total Units: 3
  • Total Unit Count: 3

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
10/30/2019 10/30/19 Sold $135,000 +10.7% $54 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $122,000 -- $49 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Faith Brenneisen

    Seller's Agent in 2019

    Faith Brenneisen

    Keller Williams Allentown

    (484) 695-0932

    1 in this area

    107 Total Sales

    Faith Brenneisen
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 623307

Greater Lehigh Valley REALTORS®

APN: 549678609945-1

Pennsylvania Lehigh County Allentown 18102 Center City

134 S Madison St, Allentown, PA

This home is located at 134 S Madison St, Allentown, PA 18102 since 18 September 2019. This property was built in 1910. 134 S Madison 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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