NOT LISTED FOR SALE
4 Beds
4 Baths
2,811 Sq Ft
2,409 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $350,000 $125 Per Sq Ft

3 Days on Market

About This Home

As of March 2023

This is your chance to own a 4 UNIT Investment Property in the heart of the old historic section of Allentown. This is a turnkey operation with (4) ONE bedroom apartments. This property is just a few blocks away from the PPL Center and all that Downtown Allentown has to offer. This property is perfect to add to your portfolio. Rents are below market value. Owner will provide a clear CO. Owner has multiple properties for sale, please contact Realtor with questions.

Last Agent to Sell the Property

Rick Pongracz

Coldwell Banker Hearthside Listed on: 01/19/2023

Coldwell Banker Hearthside

Last Buyer's Agent

Rick Pongracz

Coldwell Banker Hearthside Listed on: 01/19/2023

Coldwell Banker Hearthside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1905

Lot Details

  • 2,409 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,811 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640701214823001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $45
  • Water Sewer Expense $936
  • Operating Expense $21,831
  • Gross Income $34,629
  • Net Operating Income $13,288

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,558

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 142500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Square Footage: 2811

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 45
  • Water Sewer: 936

Fee Information

  • Operating Expense: 21831

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Sq Ft: 2409
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640701214823001
  • County Taxes: 538.65
  • Municipal Taxes: 792.93
  • Total Taxes: 4558.24

Multi Family

  • School Taxes: 3226.66
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
03/07/2023 03/07/23 Sold $350,000 +16.7% $125 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $299,900 +22.4% $107 / Sq Ft
05/22/2020 05/22/20 Sold $245,000 -2.0% $87 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $250,000 0.0% $89 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $250,000 +34.0% $89 / Sq Ft
06/15/2018 06/15/18 Sold $186,500 -11.2% $66 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $210,000 +40.0% $75 / Sq Ft
01/27/2017 01/27/17 Sold $150,000 -3.2% $53 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $155,000 -- $55 / 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: 708759

Greater Lehigh Valley REALTORS®

APN: 640701214823-1