247 N 10th St Allentown, PA 18102
Center City NeighborhoodEstimated payment $3,543/month
About This Home
This FANTASTIC INVESTMENT PROPERTY is ready for a savvy new investor! 5 Units, 1 is commercial with a long-term lease. 2 units are 2 bedrooms, and the other 2 units are 1 bedroom. Fully occupied! Great cash flow, high capitalization rate - 10%! Come see this attractive building, and add wealth to your portfolio.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,149
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- Brick Veneer
- Vinyl Siding
Interior Spaces
- 4,428 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Heating Available
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $600
- Fuel Expense $130
- Insurance Expense $3,000
- Maintenance Expense $1,000
- Operating Expense $10,378
- Gross Income $70,620
- Net Operating Income $60,242
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,149 | $129,300 | $8,200 | $121,100 |
| 2024 | $4,149 | $129,300 | $8,200 | $121,100 |
| 2023 | $4,149 | $129,300 | $8,200 | $121,100 |
| 2022 | $4,001 | $129,300 | $121,100 | $8,200 |
| 2021 | $3,920 | $129,300 | $8,200 | $121,100 |
| 2020 | $3,817 | $129,300 | $8,200 | $121,100 |
| 2019 | $3,754 | $129,300 | $8,200 | $121,100 |
| 2018 | $3,511 | $129,300 | $8,200 | $121,100 |
| 2017 | $3,421 | $129,300 | $8,200 | $121,100 |
| 2016 | -- | $129,300 | $8,200 | $121,100 |
| 2015 | -- | $129,300 | $8,200 | $121,100 |
| 2014 | -- | $129,300 | $8,200 | $121,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Price Changed | $600,000 | -3.2% | $136 / Sq Ft |
| 08/08/2025 08/08/25 | Price Changed | $620,000 | -0.8% | $140 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $625,000 | +18.4% | $141 / Sq Ft |
| 06/04/2024 06/04/24 | Sold | $528,000 | -2.0% | $119 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | Price Changed | $539,000 | -3.6% | $122 / Sq Ft |
| 02/19/2024 02/19/24 | For Sale | $559,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $528,000 | None Listed On Document | |
| Special Warranty Deed | $500,000 | None Listed On Document | |
| Deed | $130,000 | -- | |
| Deed | $109,250 | -- | |
| Deed | $90,000 | -- | |
| Deed | $79,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,400 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $104,000 | Commercial | |
| Previous Owner | $98,000 | Commercial |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 760078
APN: 549781822379-1
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