NOT LISTED FOR SALE
-- Bed
-- Bath
7,580 Sq Ft
0.33 Acres

Last Sold December 12, 2018

Last sale price $930,000 $123 Per Sq Ft

269 Days on Market

Highlights

  • Commercial or Retail Space
  • Central Air
  • Baseboard Heating

About This Home

As of December 2018

Opportunity to own 2 high profile corners in the West End Theatre District w/7 units & 30 car parking lot. 1901 W. Allen St. and 1902 W. Allen St. being sold as a package. Combined Gross Income $116,887 - Combined Net Operating Income $80,061. *******

1901 W. Allen St.
Prime corner 5 unit building w/30 car parking lot. 2 commercial store fronts on the 1st flr w/3 apts. above. Each unit pays their own utilities & the building is fully occupied. New roof 2014. Gross Income w/CAM is $67,956 Total Expense: $24,876 (Taxes $13,176 - Ins. $2,500 - Maintenance $2,000 - Snow $5,000 - W & S $2,200) Net Operating Income $43,080 *******

1902 W. Allen St.
Prime corner w/2 commercial store fronts with additional income from rooftop billboards. Each tenant pays their own utilities & the building is fully occupied. Gross Income with CAM is $48,912 Total Expenses: $11,950 (Taxes $7,450 - Ins. $1,500 - Repairs $1,000 - Maintenance $1,500 - W & S $500.00) Net Operating Income $36,962

Last Agent to Sell the Property

Larry Ginsburg

BHHS Regency Real Estate Listed on: 02/17/2018

BHHS Regency Real Estate

Last Buyer's Agent

Larry Ginsburg

BHHS Regency Real Estate Listed on: 02/17/2018

BHHS Regency Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120 x 100
  • Property is zoned B-5 Urban Commerical

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 7,580 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 30 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • No Cooling
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549720978941001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Detached, Row-End Unit
  • Technology: Cable, Smk Detector Battery
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Bathrooms: Modern, Semi Modern
  • Square Footage: 7580

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 30

Utilities

  • Cooling: Central AC, No Air
  • Heat Type: Baseboard, Electric, Heat Pump
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 36826

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.330
  • Lot Dimensions: 120 x 100
  • Lot Sq Ft: 14375
  • Zoning Code: B-5 Urban Commerical

Tax Info

  • Assessor Parcel Number: 549720978941001

Multi Family

  • Total Units: 7
  • Total Unit Count: 8

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
12/12/2018 12/12/18 Sold $930,000 -7.0% $123 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $999,900 -- $132 / 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: 570230

Greater Lehigh Valley REALTORS®

APN: 549720978941-1