NOT LISTED FOR SALE
6 Beds
3 Baths
2,824 Sq Ft
2,200 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $370,000 $131 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Garage
  • Historic Home
  • Forced Air Heating System

About This Home

As of February 2024

**MULTIPLE OFFERS HIGHEST AND BEST DUE MONDAY NIGHT 1/22** Introducing a turn-key investment opportunity in the Old Allentown Historic District. Choose your tenants! This 4-unit property is ready for immediate occupancy and is being offered with a **CLEAR CERTIFICATE OF OCCUPANCY** from the city of Allentown! This freshly remodeled brick end unit has architectural charm and great unit layouts. There are 3 spacious residential units and a large 2-car garage. **ESTIMATED 10.5% CAP RATE** based on market rates. 2-bedroom unit on the 1st floor, 3-bedroom unit on the 2nd, and 1-bedroom unit on the 3rd floor. Recent renovations include updated kitchens, fresh paint, mostly new flooring, and all new outlets/switches throughout. This property also features 2 additional parking spaces behind the garage, a small fenced-in yard, 4 separate electrical meters, and 3 gas meters. The large semi-finished basement presents an opportunity for extra storage or the addition of a common laundry area. Don't miss this gem, schedule your showing now!

Last Agent to Sell the Property

Brenden Ramos

Century 21 Ramos Realty Listed on: 01/17/2024

Century 21 Ramos Realty

Last Buyer's Agent

Jennifer Aviles

Century 21 Ramos Realty

Century 21 Ramos Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1905

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20x110
  • Historic Home

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,824 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549770873413001

Community Details

Overview

  • 4 Units
  • Old Allentn Historic Subdivision

Building Details

  • Electric Expense $420
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Other Expense $75
  • Water Sewer Expense $800
  • Operating Expense $11,155
  • Gross Income $45,900
  • Net Operating Income $34,745

Security

  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,660

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • Technology: Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 114100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Fire Escape, Hardwood, Historic
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 2824

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 4

Utilities

  • Cooling: Window ACs
  • Heat Type: Electric, Forced Air, Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 420
  • Gas: 2700
  • Insurance: 1500
  • Water Sewer: 800

Condo/Co-op/Association

  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 11155

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.051
  • Lot Dimensions: 20x110
  • Lot Sq Ft: 2200
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Rental Info

  • Other Expenses: 75

Tax Info

  • Assessor Parcel Number: 549770873413001
  • County Taxes: 431.30
  • Municipal Taxes: 645.47
  • Total Taxes: 3660.36

Multi Family

  • School Taxes: 2583.59
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/29/2024 02/29/24 Sold $370,000 +12.5% $131 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $329,000 +99.4% $117 / Sq Ft
08/12/2019 08/12/19 Sold $165,000 +10.7% $58 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $149,000 -- $53 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 730522

Greater Lehigh Valley REALTORS®

APN: 549770873413-1