$369,000
SOLD JUL 16, 2021
6 Beds
5 Baths
4,668 Sq Ft
2,817 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Heating Available
  • Balcony
  • Historic Home

About This Home

As of April 2023

Attention investors!! Great opportunity to own this fully rented historic townhouse, apartment style building with over 4,000sqft of livable space in the heart of downtown Allentown, PA. Walking distance to PPL arena and all new restaurants and bars downtown has to offer. A few minutes to major highways, 22/78 and shopping centers. First floor unit is the largest one (currently owner occupied)since is the entire first floor, consist of 2 bedrooms, full bath, living room, dinning room and kitchen. It also has access to the yard and full basement with washer and dryer. All other four units consist of one bedroom, full bathroom, Kitchen and living room each. The two Rear units have individual patios. Each unit has a separate 100amp electric panel & meter. Electric utilities heat/hot water paid individually by tenants. *** See agent remarks ***

Last Agent to Sell the Property

Jamie Vega Ocasio

IronValley RE of Lehigh Valley Listed on: 04/26/2021

Co-Listed By

Heidy Vega

I-Do Real Estate

Last Buyer's Agent

Anis Lahoud

United RealEstate Strive212 LV

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1904

Lot Details

  • 2,817 Sq Ft Lot
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,668 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640701150755 001

Community Details

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Trash Expense $1,875
  • Water Sewer Expense $1,200
  • Operating Expense $13,000
  • Gross Income $39,000
  • Net Operating Income $26,000

Additional Features

  • 5 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,692

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 5692.43
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1904
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Hardwood, Historic, Patio, Wash/Dry Hook-ups
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Square Footage: 4668

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1500
  • Trash Removal: 1875
  • Water Sewer: 1200

Condo/Co-op/Association

  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 13000

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.065
  • Lot Sq Ft: 2817
  • Zoning Code: R-MH

Tax Info

  • Assessor Parcel Number: 640701150755 001
  • County Taxes: 720.09
  • Municipal Taxes: 995.21
  • Total Taxes: 5692.43

Multi Family

  • School Taxes: 3977.13
  • Total Units: 5
  • Total Unit Count: 5

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
04/12/2023 04/12/23 Sold $850,000 -14.6% $182 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
11/28/2022 11/28/22 For Sale $995,000 +169.6% $213 / Sq Ft
07/16/2021 07/16/21 Sold $369,000 -1.6% $79 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $375,000 -- $80 / 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: 665906

Greater Lehigh Valley REALTORS®