NOT LISTED FOR SALE
4 Beds
3 Baths
2,882 Sq Ft
2,920 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $340,000 $118 Per Sq Ft

12 Days on Market

About This Home

As of May 2024

**Highest and best by May 1st 5:00 p.m.** Now available in Allentown we have a 3-unit investment property perfect for owner occupant or to add to your real estate portfolio!! Minutes away from restaurants, public transportation, PPL center, and route 22. Both the first-floor unit and the second-floor unit consists of 2 bedrooms (plus bonus room in unit 2, potential office or bedroom) have been given updated flooring throughout most of the apartment and both have semi modern kitchens. Unit 3 on the third floor is a very spacious studio apartment. The first-floor unit is currently vacant allowing the new owner the choice to move into the property or rent it out on their terms. Each unit has separate electric and therefore pay for their own heat as well. Owner pays for water, sewer, trash and lawn care / snow removal. Schedule your appointment today!!

Last Agent to Sell the Property

Jason Hall

Cassidon Property Management License #AB067574 Listed on: 04/22/2024

Co-Listed By

Andrew Pingyar

Cassidon Property Management

Last Buyer's Agent

Lily Kemler

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1890

Lot Details

  • 2,920 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,882 Sq Ft Home
  • 3-Story Property

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640701676212 1

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $2,187
  • Trash Expense $1,125
  • Water Sewer Expense $1,523
  • Operating Expense $5,470
  • Gross Income $38,040
  • Net Operating Income $32,570

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,948

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 90600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 2882

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 420
  • Insurance: 2187
  • Trash Removal: 1125
  • Water Sewer: 1523

Condo/Co-op/Association

  • Lawn Snow Removal: 215

Fee Information

  • Operating Expense: 5470

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.067
  • Lot Sq Ft: 2920
  • Zoning Code: B1/R

Tax Info

  • Assessor Parcel Number: 640701676212 1
  • County Taxes: 342.47
  • Municipal Taxes: 554.20
  • Total Taxes: 2948.14

Multi Family

  • School Taxes: 2051.47
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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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
05/31/2024 05/31/24 Sold $340,000 +3.1% $118 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $329,900 +119.9% $114 / Sq Ft
06/28/2017 06/28/17 Sold $150,000 -25.0% $52 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $199,900 -- $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: 736496

Greater Lehigh Valley REALTORS®

APN: 640701676212-1