NOT LISTED FOR SALE

234 N 12th St Allentown, PA 18102

Center City Neighborhood
6 Beds
3 Baths
3,024 Sq Ft
2,178 Sq Ft Lot

Last Sold November 08, 2024

Last sale price $386,000 $128 Per Sq Ft

6 Days on Market

Highlights

  • Brick or Stone Mason
  • Heating Available
  • 5-minute walk to Franklin Park

About This Home

As of November 2024

3 Unit Investment Property ~ End Row Townhome ~ offers 2 car - parking pad ~ All Brick Building ~ Fully occupied ~ 45,240 gross annual rental income ~ Net Income = $ 37,158 ~ Yielding a 10.3 % Cap Rate ~ some long term tenants ~ Solid Rental history ~ walkability factor through the city is a great upside ~

Last Agent to Sell the Property

Christopher Hanna

RE/MAX Real Estate Listed on: 10/09/2024

RE/MAX Real Estate

Last Buyer's Agent

Alaa Aldeen Alkhawaldeh

Reinvest Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1890

Lot Details

  • 2,178

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3,024 Sq Ft Home
  • 3-Story Property
  • Washer Hookup

Parking

  • Carport
  • On-Street Parking

Utilities

  • Heating Available

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $303
  • Insurance Expense $1,500
  • Water Sewer Expense $1,714
  • Operating Expense $8,082
  • Gross Income $45,240
  • Net Operating Income $37,158

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,486

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1890
  • LotSizeAcres: 0.05
  • Lot Size: 18.10 x 120
  • Co List Office Mls Id: RMXR
  • Subdivision Name: Not in Development
  • HumanModifiedYN: Yes
  • CurrentPrice: 386000.0
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Living Area: 3024.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Carport, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 8082.0
  • Annual Water Sewer Expense: 1714.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 2161.0
  • Zoning: R-MH-MEDIUM HIGH DENSITY

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 303.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 37158.0

Tax Info

  • Tax Annual Amount: 3485.55

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $386,000 +7.5% $128 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $359,000 +115.0% $119 / Sq Ft
12/30/2016 12/30/16 Sold $167,000 -1.7% $55 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $169,900 -- $56 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Hanna

    Seller's Agent in 2024

    Christopher Hanna

    RE/MAX

    (610) 704-8316

    3 in this area

    102 Total Sales

    Christopher Hanna
    Section Image

  • A

    Buyer's Agent in 2024

    Alaa Aldeen Alkhawaldeh

    Reinvest Real Estate LLC

    (484) 619-8394

    34 in this area

    130 Total Sales

    Alaa Aldeen Alkhawaldeh
    Section Image

  • F

    Seller's Agent in 2016

    Fred Suter

    IronValley RE of Lehigh Valley

    Section Image
  • Jennifer de Jesus

    Buyer's Agent in 2016

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    136 in this area

    401 Total Sales

    Jennifer de Jesus
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 746277

Greater Lehigh Valley REALTORS®

APN: 549770668473-1

Pennsylvania Lehigh County Allentown 18102 Center City

234 N 12th St, Allentown, PA

Not Listed for Sale

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