$251,000
SOLD FEB 14, 2020
-- Bed
-- Bath
3,420 Sq Ft
1,673 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

About This Home

As of October 2022

Turn-key, fully occupied 4 unit located near Downtown Allentown. Gross income $32385, showing 12.9% cap. Property consists of two 1-bedroom/1-bath units, and two 2-bedroom/1-bath units.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 01/10/2020

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty Listed on: 01/10/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1890

Lot Details

  • 1,673 Sq Ft Lot

Home Design

  • Brick or Stone Veneer

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Off-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549780550348001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $450
  • Insurance Expense $750
  • Trash Expense $750
  • Water Sewer Expense $1,500
  • Operating Expense $7,419
  • Gross Income $39,804
  • Net Operating Income $32,385

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,970

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • County Assessment: 137000.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Square Footage: 3420

Exterior Features

  • Construction: Brickote

Garage/Parking

  • Parking: Off Site, Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 450
  • Insurance: 750
  • Trash Removal: 750
  • Water Sewer: 1500

Fee Information

  • Operating Expense: 7419

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.038
  • Lot Sq Ft: 1673
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549780550348001
  • Total Taxes: 3969.60

Multi Family

  • Total Units: 4
  • Total Unit Count: 4

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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
10/26/2022 10/26/22 Sold $398,400 -0.4% $116 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $399,900 +59.3% $117 / Sq Ft
02/14/2020 02/14/20 Sold $251,000 0.0% $73 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $251,000 +19.5% $73 / Sq Ft
10/13/2017 10/13/17 Sold $210,000 -10.6% $61 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $234,900 -- $69 / 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: 632805

Greater Lehigh Valley REALTORS®

APN: 549780550348-1