NOT LISTED FOR SALE
2 Beds
2 Baths
7,480 Sq Ft
2,178 Sq Ft Lot

Last Sold May 15, 2017

Last sale price $305,000 $41 Per Sq Ft

17 Days on Market

About This Home

As of May 2017

Classic center city building, consisting of 7 total units and two garages. 1 commercial unit and 6, 1 bedroom apartments. Tenants pay heat and electric. New hot water heaters and new windows. A real turn key opportunity. Join the resurgence of Downtown Allentown. MULTIPLE OFFERS HAVE BEEN RECEIVED, CALLING FOR HIGHEST AND BEST BY 12PM FRIDAY 3/17.

Last Agent to Sell the Property

Rudy Amelio

Rudy Amelio Real Estate Listed on: 03/01/2017

Rudy Amelio Real Estate

Co-Listed By

Jennifer Hart

Rudy Amelio Real Estate

Last Buyer's Agent

Mark Smith

Hawthorne Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,338

Year Built

  • Built in 1930

Lot Details

  • 2,178

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 7,480 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549790300499 1

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $350
  • Insurance Expense $2,520
  • Maintenance Expense $1,240
  • Manager Expense $4,125
  • Other Expense $3,144
  • Water Sewer Expense $1,525
  • Operating Expense $41,894
  • Gross Income $53,522
  • Net Operating Income $36,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,338

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • Technology: Cable, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 277800.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Hardwood, Wall-to-Wall Carpet
  • Bathrooms: Modern, Semi Modern
  • Square Footage: 7480

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 350
  • Gas: 1180
  • Insurance: 2520
  • Water Sewer: 1525

Condo/Co-op/Association

  • Maintenance Repair: 1240
  • Management: 4125

Fee Information

  • Operating Expense: 41894

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: B-2

Rental Info

  • Other Expenses: 3144

Tax Info

  • Assessor Parcel Number: 549790300499 1
  • County Taxes: 1011.19
  • Municipal Taxes: 1234.85
  • Total Taxes: 7337.75

Multi Family

  • School Taxes: 5091.71
  • Total Units: 7
  • Total Unit Count: 7

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
05/15/2017 05/15/17 Sold $305,000 -1.5% $41 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $309,500 -- $41 / 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: 539840

Greater Lehigh Valley REALTORS®

APN: 549790300499-1