NOT LISTED FOR SALE
3 Beds
3 Baths
1,830 Sq Ft
2,178 Sq Ft Lot

Last Sold January 18, 2019

Last sale price $152,500 $83 Per Sq Ft

101 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Franklin Park
  • Storm Windows
  • Garage

About This Home

As of January 2019

Wonderful 3 unit investment property on desirable block of Allentown. All units are clean and neat and are occupied with long term tenants all on month to month leases. Currently rents are significantly below market rents and can easily be raised by $250-300 per month which would bring the monthly rents to nearly $2000 per month. This property will be sold with a clear CO from the City of Allentown. This property is a great investment opportunity for both the new investor or the experienced savvy one. This is a definite MUST SEE!!! Seller is a licensed PA real estate salesperson.

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters Listed on: 06/01/2018

Last Buyer's Agent

Thomas Russotti

One Valley Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 1905

Lot Details

  • 2,178

Parking

  • Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,830 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549669673534-00001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $1,188
  • Trash Expense $1,125
  • Water Sewer Expense $720
  • Operating Expense $6,441
  • Gross Income $20,340
  • Net Operating Income $13,899

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,703

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, Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 101900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Features: Fire Escape, Hardwood, Storm Doors, Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Old
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 1830

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 480
  • Insurance: 1188
  • Trash Removal: 1125
  • Water Sewer: 720

Fee Information

  • Operating Expense: 6441

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 549669673534-00001
  • County Taxes: 370.92
  • Municipal Taxes: 464.12
  • Total Taxes: 2702.73
  • Taxes: 2703

Multi Family

  • School Taxes: 1867.69
  • Total Units: 3
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

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
01/18/2019 01/18/19 Sold $152,500 -7.6% $83 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $165,000 -- $90 / 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: 582422

Greater Lehigh Valley REALTORS®

APN: 549669673534-1