NOT LISTED FOR SALE
7 Beds
4.5 Baths
6,703 Sq Ft
3,746 Sq Ft Lot

Last Sold January 14, 2019

Last sale price $225,000 $34 Per Sq Ft

76 Days on Market

About This Home

As of January 2019

$39,600 a year Gross income, $33,285 net - 11% Cap Rate. Fully Occupied, month to month leases with security deposits. Owner pays Electric meter for common hall, water, sewer, trash and insurance. All Tenants pay their own electric and heat.
Commercial = $1000 rent - Oil Heat paid by tenant. month to month.
#1 = $750 a month rent - 2bd 1 bth - all electric - month to month.
#2 = $850 a month rent - 3bd 1 bth - all electric - month to month.
#3 = $725 a month rent - 2bd 1 bth - all electric - month to month.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 08/29/2018

Co-Listed By

Emanuel DeJesus

Coldwell Banker Hearthside

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 3,746 Sq Ft Lot

Home Design

  • Duplex
  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 6,703 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 549790209792001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,500
  • Water Sewer Expense $1,280
  • Operating Expense $6,315
  • Gross Income $39,600
  • Net Operating Income $33,285

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves, Mixed Use
  • Technology: Smk Detector Battery
  • County Assessment: 214800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built Exception: Unknown
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 7
  • Square Footage: 6703

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air, Wall AC
  • Heat Type: Electric, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Insurance: 1500
  • Water Sewer: 1280

Fee Information

  • Operating Expense: 6315

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.086
  • Lot Sq Ft: 3746
  • Zoning Code: B-2

Tax Info

  • Assessor Parcel Number: 549790209792001
  • County Taxes: 781.87
  • Municipal Taxes: 1156.18
  • Total Taxes: 6175.86

Multi Family

  • School Taxes: 4237.81
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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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
01/14/2019 01/14/19 Sold $225,000 -25.0% $34 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $300,000 -- $45 / 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: 589226

Greater Lehigh Valley REALTORS®