$135,000
SOLD JUL 11, 2014
5 Beds
3 Baths
2,538 Sq Ft
1,999 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of July 2014

Great investment opportunity awaits the right buyer! Old Historic Allentown, only a half mile from new Arena area. Three unit property: Two (2) bedroom apartments and one (1) bedroom. All units equipped with refrigerator and oven/range. Roof and windows all replaced in 2006. Other upgrades include: kitchen flooring in all units, plumbing, electric boxes, carpet and paint. First and second floors rented and are extremely well kept. Third floor has a one (1) year lease beginning June 1! All of the work is already done. No deferred maintenance, come and see for yourself!! Very easy to show. Copies of leases available upon request. Clear CO from City Of Allentown. Fully rented and code compliant! A first time investor's dream!

Last Agent to Sell the Property

Robert Dandi

RE/MAX Central - Center Valley

RE/MAX Central - Center Valley

Last Buyer's Agent

Francine Longley

Home Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1900

Lot Details

  • 1,999 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,538 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549790066626001

Community Details

Overview

  • 3 Units
  • Old Allentn Historic Subdivision

Building Details

  • Insurance Expense $925
  • Water Sewer Expense $815
  • Operating Expense $5,000
  • Gross Income $24,480
  • Net Operating Income $19,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 98800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Supplement Modification Ti: 2014-05-19
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern, Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2538

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 925
  • Water Sewer: 815

Fee Information

  • Operating Expense: 5000

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.046
  • Lot Dimensions: 20x100
  • Lot Sq Ft: 1999
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 549790066626001
  • County Taxes: 374.45
  • Municipal Taxes: 452.89
  • Total Taxes: 2463.47

Multi Family

  • School Taxes: 1636.13
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Map

Range of Values:

Collateral Analytics

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ICE

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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
08/09/2014 08/09/14 Rented $600 -99.6% --
08/09/2014 08/09/14 Under Contract -- -- --
07/11/2014 07/11/14 Sold $135,000 0.0% $53 / Sq Ft
07/11/2014 07/11/14 For Rent $600 0.0% --
06/06/2014 06/06/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $137,500 -- $54 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 472595

Greater Lehigh Valley REALTORS®

APN: 549790066626-1