NOT LISTED FOR SALE

228 S Madison St Allentown, PA 18102

Center City Neighborhood
3 Beds
3 Baths
1,676 Sq Ft
1,799 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $195,000 $116 Per Sq Ft

73 Days on Market

About This Home

As of July 2020

Fantastic 3-unit on quiet street in great neighborhood in downtown Allentown does exist! Step onto the large, oversized grand porch and architecture that is certain to attract future tenants with close proximity to downtown on a tree-lined, wide street. Each unit is one bedroom/one bath and laid out to maximize living area for each tenant. Alley access with one off-street parking lot and sturdy fire escape with access to all floors. Currently occupied, there is plenty of opportunity for value-add with rents and utilities! This is a solid property for any portfolio!

Last Agent to Sell the Property

Lenore Mohr

Keller Williams Northampton Listed on: 03/19/2020

Keller Williams Northampton

Last Buyer's Agent

Leslie Lapidakis

BHHS Fox & Roach Center Valley

BHHS Fox & Roach Center Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1913

Lot Details

  • 1,799 Sq Ft Lot
  • Lot Dimensions are 15 x 120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,676 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549677880083001

Community Details

Building Details

  • Insurance Expense $600
  • Maintenance Expense $1,000
  • Water Sewer Expense $700
  • Operating Expense $5,605
  • Gross Income $22,440
  • Net Operating Income $16,835

Additional Features

  • 3 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,466

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 82800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 1676

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Gas: 420
  • Insurance: 600
  • Water Sewer: 700

Condo/Co-op/Association

  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 5605

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Dimensions: 15 x 120
  • Lot Sq Ft: 1799
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549677880083001
  • County Taxes: 312.98
  • Municipal Taxes: 490.83
  • Total Taxes: 2465.97

Multi Family

  • School Taxes: 1662.16
  • Total Units: 3
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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ICE

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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
07/13/2020 07/13/20 Sold $195,000 -6.7% $116 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $209,000 +99.0% $125 / Sq Ft
07/13/2017 07/13/17 Sold $105,000 +0.1% $63 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $104,900 -- $63 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lenore Mohr

    Seller's Agent in 2020

    Lenore Mohr

    Keller Williams Northampton

    (484) 893-1201

    4 in this area

    55 Total Sales

    Lenore Mohr
    Section Image
  • Leslie Lapidakis

    Buyer's Agent in 2020

    Leslie Lapidakis

    BHHS Fox & Roach

    (610) 972-7746

    2 in this area

    94 Total Sales

    Leslie Lapidakis
    Section Image

  • R

    Seller's Agent in 2017

    Ron Coleman

    IronValley RE of Lehigh Valley

    (610) 393-4837

    13 in this area

    26 Total Sales

    Ron Coleman
    Section Image
  • Jared Erhart

    Buyer's Agent in 2017

    Jared Erhart

    Home Team Real Estate

    (610) 248-4851

    1 in this area

    205 Total Sales

    Jared Erhart
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 635421

Greater Lehigh Valley REALTORS®

APN: 549677880083-1

Pennsylvania Lehigh County Allentown 18102 Center City

228 S Madison St, Allentown, PA

This home is located at 228 S Madison St, Allentown, PA 18102 since 19 March 2020. This property was built in 1913. 228 S Madison St is a home located in Lehigh County with nearby schools including Union Terrace Elementary School, Francis D Raub Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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