NOT LISTED FOR SALE
6 Beds
3 Baths
2,913 Sq Ft
2,287 Sq Ft Lot

Last Sold July 02, 2015

Last sale price $145,000 $50 Per Sq Ft

21 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Wall to Wall Carpet
  • Storm Windows
  • Laundry Facilities

About This Home

As of July 2015

NEW INVESTMENT OPPORTUNITY IN HISTORIC ALLENTOWN. Come see this fantastic 3 unit with 2 buildings having cap rates exceeding 13%. This investment is perfect for the investor who wants to sit back and collect rents. All units have been updated and are fully rented with tenants paying heat, hot water and electric. Main unit has two units featuring large rooms, beautiful hardwood floors, modern kitchens and baths, and has 10 ft ceilings throughout. The third unit is a detached 2 story bungalow with 2 bedrooms, large family room, hard wood floors and modern kitchen. Copies of leases are available upon request. Property has a clear CO from City Of Allentown and is code compliant! THIS OPPORTUNITY IS A MUST SEE and is a first time investor's dream!!!!!

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters Listed on: 05/14/2015

Last Buyer's Agent

Mario Castanhas

IronValley RE of Lehigh Valley License #RS214417L

IronValley RE of Lehigh Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1875

Lot Details

  • 2,287 Sq Ft Lot
  • Lot Dimensions are 21 x 108
  • Property is zoned R-Mh

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,913 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet
  • Storm Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 549781746521001

Community Details

Building Details

Additional Features

  • Old Allentn Historic Subdivision
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,448

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Detached
  • Technology: Cable
  • County Assessment: 130500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1875
  • Special Features: None

Interior Features

  • Features: Balcony, Central Laundry, No Disclosure, Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 2913

Exterior Features

  • Construction: Aluminum, Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 255
  • Insurance: 565
  • Trash Removal: 1125
  • Water Sewer: 884

Fee Information

  • Operating Expense: 6502

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.053
  • Lot Dimensions: 21 x 108
  • Lot Sq Ft: 2287
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 549781746521001
  • County Taxes: 489.38
  • Municipal Taxes: 566.57
  • Total Taxes: 3447.85
  • Taxes: 3448

Multi Family

  • School Taxes: 2391.90
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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Average Value
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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
07/02/2015 07/02/15 Sold $145,000 -3.3% $50 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $149,900 +109.7% $51 / Sq Ft
04/30/2013 04/30/13 Sold $71,500 +2.3% $25 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $69,900 -- $24 / 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: 495791

Greater Lehigh Valley REALTORS®

APN: 549781746521-1