
Seller's Agent in 2024
Afif Salloum
Realty One Group Supreme
(484) 378-2153
5 in this area
156 Total Sales
Estimated Value: $348,000 - $411,000
*** HIGHEST AND BEST OFFERS DUE TUES 5/28 at 12pm *** 2 UNITS! CASH FLOWING KING. Check out this rare opportunity on a corner lot in East Allentown. This property is a raised ranch/split level detached building set up as (2) 2 bedroom, 1 bath units with one on each level. The units are identical in layout. Each unit features a private entrance, outdoor covered patio space, separate off street parking, small yard to share, updated kitchens and recently painted and refreshed for the new owner. The generous open concept style layout is perfect to entertain. The main bedroom in each unit is large enough for a king sized bed too. The home features separate electric service (electric baseboard heat/electric hot water heat) and one water/sewer service. Each unit has a washer dryer hookup on the laundry/storage room. Awesome potential to live in one while the other pays for most of your mortgage. Last rentals were $1,700 for the 1st floor and $1,750 for the second floor. Pro Forma rent roll would put this at $3,700 per month gross income if both are rented. Opportunity is knocking with a projected cap rate of 10.7%!! This will not last long. Possible FHA, VA, Cash or Conventional buyers considered.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sekhon Gurjit S | $370,000 | Iron Valley Abstract | |
Monocacy General Contracting Llc | $130,000 | None Available | |
Lahanas James | $110,000 | None Available | |
Lahanas Nickolas | $81,000 | -- | |
Troxell John W | $14,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Monocacy General Contracting Llc | $130,230 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/28/2024 06/28/24 | Sold | $370,000 | +5.7% | $183 / Sq Ft |
05/28/2024 05/28/24 | Pending | -- | -- | -- |
05/22/2024 05/22/24 | For Sale | $350,000 | -- | $173 / Sq Ft |
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 | $3,990 | $121,500 | $12,500 | $109,000 |
2024 | $3,990 | $121,500 | $12,500 | $109,000 |
2023 | $3,990 | $121,500 | $12,500 | $109,000 |
2022 | $3,852 | $121,500 | $109,000 | $12,500 |
2021 | $3,775 | $121,500 | $12,500 | $109,000 |
2020 | $3,678 | $121,500 | $12,500 | $109,000 |
2019 | $3,619 | $121,500 | $12,500 | $109,000 |
2018 | $3,372 | $121,500 | $12,500 | $109,000 |
2017 | $3,287 | $121,500 | $12,500 | $109,000 |
2016 | -- | $121,500 | $12,500 | $109,000 |
2015 | -- | $121,500 | $12,500 | $109,000 |
2014 | -- | $121,500 | $12,500 | $109,000 |
Seller's Agent in 2024
Afif Salloum
Realty One Group Supreme
(484) 378-2153
5 in this area
156 Total Sales
Seller Co-Listing Agent in 2024
Stephanie Salanik
Realty One Group Supreme
(610) 360-3420
4 in this area
121 Total Sales
J
Buyer's Agent in 2024
Jaspreet Kaur
IronValley RE of Lehigh Valley
(610) 867-8888
1 in this area
32 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 738405
APN: 640795113877-1