NOT LISTED FOR SALE
4 Beds
2 Baths
2,650 Sq Ft
2,640 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $149,900 $57 Per Sq Ft

16 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 2 Car Garage

About This Home

As of April 2018

Great multi to add to your investment portfolio with a 10% cap rate or as an owner occupied. Fantastic opportunity to own a fully occupied 2 unit investment property in West Allentown. Home still maintains some of the original charm and period features that most homes in this area have. Units are easily rented due to location and size. 1st floor: Renovated apartment with new kitchen this nice one bedroom unit is currently rented at $750.00 a month with a deck to enjoy outside. 2nd/3rd floor: 3 bedroom has great space that includes a large living room, eat-in kitchen, updated bath 2016, laundry area and is currently rented at $1000/mo. Bringing in additional income is a detached garage that is rented for $75.00 a month. All rooms are very spacious and bright with lots of closet space. This rental includes heat, water/sewer & trash. Schedule your tour today.

Last Listed By

Janice Benner

RE/MAX Real Estate Listed on: 02/04/2018

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1924

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 22x120

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,650 Sq Ft Home
  • 3-Story Property
  • Fireplace

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549667172980-00001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $1,318
  • Maintenance Expense $800
  • Water Sewer Expense $839
  • Operating Expense $3,013
  • Gross Income $21,900
  • Net Operating Income $16,769

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,479

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Semi Detached/Twin
  • County Assessment: 127200.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Features: Fireplace, Hardwood, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2650

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 240
  • Heat: 1934
  • Insurance: 1318
  • Water Sewer: 839

Condo/Co-op/Association

  • Maintenance Repair: 800

Fee Information

  • Operating Expense: 3013

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.061
  • Lot Dimensions: 22X120
  • Lot Sq Ft: 2640
  • Zoning Code: R-MH 2-Unit

Tax Info

  • Assessor Parcel Number: 549667172980-00001
  • County Taxes: 463.01
  • Municipal Taxes: 595.79
  • Total Taxes: 3478.81

Multi Family

  • School Taxes: 2420.01
  • Total Units: 2
  • Total Unit Count: 3

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
04/06/2018 04/06/18 Sold $149,900 0.0% $57 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $149,900 +19.9% $57 / Sq Ft
05/26/2016 05/26/16 Sold $125,000 -3.8% $47 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $129,900 -- $49 / 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: 569384

Greater Lehigh Valley REALTORS®

APN: 549667172980-1