NOT LISTED FOR SALE

1440 Hanover Ave Allentown, PA 18109

Rittersville Neighborhood
4 Beds
2.5 Baths
2,174 Sq Ft
0.29 Acres

Last Sold April 02, 2015

Last sale price $180,000 $83 Per Sq Ft

176 Days on Market

Highlights

  • 0.29 Acre Lot
  • Commercial or Retail Space
  • 8 Car Garage
  • Patio

About This Home

As of April 2015

MIXED USE INVESTMENT PROPERTY - COMMERCIAL & RESIDENTIAL. Fully rented: 1440 Hanover Ave is a residential 2 unit (rent: $1250/mo - $15,000/yr). Sale also includes 458 N. Oswego Street (rent: $800/mo - $9,600/yr), a 2,074 SF, a well built commercial building with 550 SF office/reception area and 4 drive-in doors (9' wide x 8'10" high) and a paved parking area. See ML# 480474. Tenants are responsible for heat, electric, lawn cutting and snow removal.
Price/SF should reflect both structures: 2,174 SF + 2,074 SF = 4,248 SF.
$225,000 / 4,248 SF = $52.97 Price/SF

Last Listed By

Earl Stafford, MS

Coldwell Banker Heritage R E Listed on: 09/05/2014

Coldwell Banker Heritage R E

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 78 x 208

Parking

  • 8 Car Garage

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 641716750908

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $300
  • Water Sewer Expense $515
  • Operating Expense $8,666
  • Gross Income $24,600
  • Net Operating Income $15,711

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 243100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Supplement Modification Ti: 2014-10-08
  • Special Features: None

Interior Features

  • Features: Patio
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 2174

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 8

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Water Sewer: 515

Condo/Co-op/Association

  • Maintenance Repair: 300

Fee Information

  • Operating Expense: 8666

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.289
  • Lot Dimensions: 78 x 208
  • Lot Sq Ft: 12589
  • Zoning Code: B1/R

Tax Info

  • Assessor Parcel Number: 641716750908
  • County Taxes: 921.35
  • Municipal Taxes: 1696.35
  • Total Taxes: 7073.41

Multi Family

  • School Taxes: 4455.71
  • Total Units: 3
  • Total Unit Count: 3

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
04/02/2015 04/02/15 Sold $180,000 -20.0% $83 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $225,000 -- $103 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Earl Stafford, MS

    Seller's Agent in 2015

    Earl Stafford, MS

    Coldwell Banker Heritage R E

    (267) 772-0680

    31 Total Sales

    Earl Stafford, MS
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Maria Holzer

    Coldwell Banker Heritage R E

    (484) 542-6911

    28 Total Sales

    Maria Holzer
    Section Image

  • D

    Buyer's Agent in 2015

    Donny Nimeh

    One Valley Realty LLC

    3 in this area

    62 Total Sales

    Donny Nimeh
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 480471

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18109 Rittersville

1440 Hanover Ave, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 1440 Hanover Ave, Allentown, PA 18109 since 05 September 2014. This property was built in 1900. 1440 Hanover Ave is a home located in Lehigh County with nearby schools including Ritter Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff 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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