NOT LISTED FOR SALE
5 Beds
2.5 Baths
2,828 Sq Ft
2,797 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $267,000 $94 Per Sq Ft

2 Days on Market

About This Home

As of June 2023

This multifamily home is situated in the vibrant Allentown community, making it an excellent investment opportunity for both experienced investors and first-time homebuyers. The property offers two distinct units, each with its own unique features and rental potential.Unit 1 is a spacious 2-bedroom apartment with 1.5 bathrooms. Currently vacant, this unit has the potential to be rented out for approximately $1,250 per month.
Unit 2 is located on the second and third floors and boasts a 4-bedroom apartment with 1 bathroom. Unit 1, is currently vacant and has the potential to generate rental income of around $1,500 per month. Both units are separately metered. Furthermore, each unit has its own separate entrance. One feature of the property is its accessible handicap entryway ramp. Additionally, the property includes a detached garage. A clear CO is available for this multifamily home. Whether you're an avid investor or a first-time homebuyer, this property is worth considering.

Last Agent to Sell the Property

Iris Delgado

Allentown City Realty Listed on: 05/16/2023

Last Buyer's Agent

Iris Delgado

Allentown City Realty Listed on: 05/16/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,629

Year Built

  • Built in 1900

Lot Details

  • 2,797 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,828 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549689066590001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $30
  • Insurance Expense $116
  • Maintenance Expense $100
  • Water Sewer Expense $84
  • Gross Income $2,500
  • Net Operating Income $2,300

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,629

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted
  • Technology: Cable
  • County Assessment: 111900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 2828

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 30
  • Insurance: 116
  • Water Sewer: 84

Condo/Co-op/Association

  • Maintenance Repair: 100

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.064
  • Lot Sq Ft: 2797
  • Zoning Code: R-H-HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549689066590001
  • County Taxes: 422.98
  • Municipal Taxes: 671.94
  • Total Taxes: 3628.69

Multi Family

  • School Taxes: 2533.77
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

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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
06/16/2023 06/16/23 Sold $267,000 -6.0% $94 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $284,000 -- $100 / 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: 717483

Greater Lehigh Valley REALTORS®

APN: 549689066590-1