$459,000
SOLD MAY 27, 2025
4 Beds
4 Baths
2,860 Sq Ft
2,396 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

23% Below List Price

24 Days on Market

About This Home

As of May 2025

Attention all Multi-Unit Fans. Great opportunity to own a piece of Allentown's West End Theatre District with this unique 4 unit building. Main building houses 3 units, one per floor. The 4th unit is above the garage in the detached Carriage House in the rear. Unit #4 pays their own heat. Newer high efficiency gas boiler heats main building. All units just passed City of Allentown Rental Inspection. Long term tenants. Walking distance to all stores and venues in this revitalized area of the West End.

Last Agent to Sell the Property

Eric Luckenbach

Keystone Prop Mngmnt&Maint LLC Listed on: 04/03/2025

Co-Listed By

Nichole Schulz

Keystone Prop Mngmnt&Maint LLC License #RS348529

Last Buyer's Agent

GABRIEL DEFALCIS

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,535

Year Built

  • Built in 1928

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Parking Garage Space
  • Off-Street Parking

Additional Features

  • 3-Story Property
  • Heating Available

Community Details

Overview

  • 4 Units
  • Horners Addition Subdivision

Building Details

  • Electric Expense $412
  • Fuel Expense $1,004
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,651
  • Operating Expense $7,520
  • Gross Income $46,800
  • Net Operating Income $39,280

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,535

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1928
  • Co List Office Mls Id: KPMM
  • Co List Office Mls Id: KPMM
  • Subdivision Name: Horners Addition
  • Property Attached Yn: No
  • Year Built Details: Unknown
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 3

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Unknown

Garage/Parking

  • Parking Features: Off Street, Parking Garage

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 7520.0
  • Annual Fuel Expense: 1004.0
  • Annual Water Sewer Expense: 1651.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 2400.0
  • Zoning: R-M-Medium Density Reside

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 412.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 39280.0

Tax Info

  • Tax Annual Amount: 6535.0

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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
05/27/2025 05/27/25 Sold $459,000 -23.4% $160 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $599,000 -- $209 / 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: 754955

Greater Lehigh Valley REALTORS®

APN: 549720877448-1