j
Seller's Agent in 2019
james reardon
EXP Realty LLC
301 N 2nd St Allentown, PA 18102
1st Ward Neighborhood
6
Beds
2.5
Baths
3,070
Sq Ft
1,742
Sq Ft Lot
About This Home
As of November 201920000 gross 14000 net income 10% cap at asking. 2 unit fully occupied investment property. The rents in both units are low and can be raised by a total of $250 monthly, This will make the gross and net go up by $3000 a year! That gets you to over a 12% cap rate This is great for a new investor as it is a turnkey investment property. or for that experienced investor looking to grow their portfolio. High ceilings throughout! 1st unit 2 bedrooms 1 bath with a covered porch and fenced in area for gardening. 2nd unit has 4-5 bedrooms, 1.5 baths and a balcony. The CO inspection was done by the City and most of that is completed, The owner will have the new buyer finish to clear the CO. I work with many investors let me help you with this and many more properties. This is a great place to start! Showing by appointment only. This will be an As-Is sale
Last Agent to Sell the Property
james reardon
EXP Realty LLC License #RS342638 Listed on: 10/10/2019
Co-Listed By
Tejas Gosai
EXP Realty LLC
Last Buyer's Agent
james reardon
EXP Realty LLC License #RS342638 Listed on: 10/10/2019
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,596
Year Built
- Built in 1880
Lot Details
- 1,742
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 4 Parking Spaces
- Off-Site Parking
Utilities
- Window Unit Cooling System
- Baseboard Heating
Additional Features
- 3-Story Property
- Lot Dimensions are 22 x 77
Listing and Financial Details
- Assessor Parcel Number 6407337275991
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $788
- Maintenance Expense $750
- Manager Expense $750
- Trash Expense $400
- Water Sewer Expense $480
- Operating Expense $5,763
- Gross Income $20,000
- Net Operating Income $14,237
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2019 11/19/19 | Sold | $130,000 | -7.1% | $42 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 10/10/2019 10/10/19 | For Sale | $140,000 | +237.3% | $46 / Sq Ft |
| 04/02/2012 04/02/12 | Sold | $41,500 | -1.2% | $14 / Sq Ft |
| 01/26/2012 01/26/12 | Pending | -- | -- | -- |
| 01/13/2012 01/13/12 | For Sale | $42,000 | -- | $14 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
T
Seller Co-Listing Agent in 2019
Tejas Gosai
EXP Realty LLC
-
J
Seller's Agent in 2012
Jose Peralta
HOMEKEPT Realtors
-
Darren Samsel
Buyer's Agent in 2012
Darren Samsel
EXP Realty LLC
(610) 203-0138
28 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 626438
APN: 640733727599-1
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