Seller's Agent in 2019
Andrew Ginsburg
BHHS Regency Real Estate
(610) 349-6644
54 in this area
270 Total Sales
302-304 N 9th St Allentown, PA 18102
Center City Neighborhood
21
Beds
8.5
Baths
9,031
Sq Ft
4,766
Sq Ft Lot
Highlights
- 0.11 Acre Lot
- Commercial or Retail Space
- Baseboard Heating
- Home Security System
About This Home
As of February 2019Located in the newly created Opportunity Zone, this investment opportunity consists of 8 Residential Units and and a ground floor retail space - (3) Three Bedroom Units (5) Two Bedroom Units. The entire building has been renovated including all the common areas and exterior except for 3 residential units which make for a great value add opportunity. All units have electric heat and hot water and gas ranges - all units have separate utilities. All exterior and common areas are monitored by security cameras. Located just blocks from the new downtown development and NIZ Improvement Zone which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. Contact listing agent for detailed a more detailed analysis.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $12,043
Lot Details
- 4,766 Sq Ft Lot
- Lot Dimensions are 43.33 x 110
Home Design
- Commercial or Retail Space
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 9,031 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 21 Bedrooms
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Escape
Parking
- 5 Parking Spaces
- Paved Parking
- Off-Site Parking
Utilities
- No Cooling
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 549791353318001
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $950
- Insurance Expense $5,000
- Maintenance Expense $3,500
- Trash Expense $3,000
- Water Sewer Expense $1,850
- Operating Expense $27,723
- Gross Income $113,280
- Net Operating Income $79,953
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2019 02/04/19 | Sold | $1,050,000 | -12.5% | $116 / Sq Ft |
| 11/26/2018 11/26/18 | For Sale | $1,200,000 | -- | $133 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Andrew Ginsburg
-
Larry Ginsburg
Seller Co-Listing Agent in 2019
Larry Ginsburg
BHHS Regency Real Estate
(610) 393-0892
7 in this area
329 Total Sales
-
Jennifer de Jesus
Buyer's Agent in 2019
Jennifer de Jesus
Steel City Realty
(610) 333-4250
142 in this area
437 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 596777
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