J
Seller's Agent in 2023
Joshua Schoenberger
EXP Realty LLC
(888) 397-7352
1 in this area
32 Total Sales
32 N 2nd St Allentown, PA 18101
1st Ward Neighborhood
6
Beds
2
Baths
2,132
Sq Ft
2,892
Sq Ft Lot
Highlights
- Patio
- Baseboard Heating
- Wall to Wall Carpet
About This Home
As of May 2023$40800 gross income $32000 net Hud has approved the 1st floor tenant to go to $1500 in April making the gross to over a 9% cap rate. Garage now rented at $300 monthly. Look at the size of the garage! Great property for an end user to use garage and get the residential income. Both apartments in pristine condition. 1stfloor 2 bedroom living room/dining, kitchen bath. rented at 1100 just approved to go to $1500. Apartment 1 has access to the yard with large, covered porch. Apartment 2 upstairs on 2nd and 3rd floor is 3/4 BDR's with all new flooring and paint rented at $1600. Tenants pay electric and heat. Oversized garage/warehouse in great condition. Use the garage for your business. Owner will order the City CO inspection. Truly great property near the new waterfront project and close to the center of Allentown. The apartments are both in great condition. Look at the pictures!. Also 2 great clean tenants! Always neat when I go there.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,457
Year Built
- Built in 1885
Lot Details
- 2,892
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 2,132 Sq Ft Home
- 2.5-Story Property
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Off-Site Parking
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- Patio
- 2,892 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 640741098844001
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $550
- Insurance Expense $1,800
- Maintenance Expense $1,500
- Manager Expense $1,500
- Water Sewer Expense $800
- Operating Expense $8,057
- Gross Income $40,800
- Net Operating Income $32,193
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $328,000 | -3.5% | $154 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/26/2023 03/26/23 | Price Changed | $339,900 | 0.0% | $159 / Sq Ft |
| 03/19/2023 03/19/23 | For Sale | $340,000 | +3.7% | $159 / Sq Ft |
| 03/18/2023 03/18/23 | Off Market | $328,000 | -- | -- |
| 02/17/2023 02/17/23 | For Sale | $340,000 | +134.5% | $159 / Sq Ft |
| 11/02/2018 11/02/18 | Sold | $145,000 | -22.8% | $68 / Sq Ft |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- |
| 07/13/2018 07/13/18 | For Sale | $187,900 | -- | $88 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Joshua Schoenberger
-
Yamil Cancel Feliciano
Y
Buyer's Agent in 2023
Yamil Cancel Feliciano
United RealEstate Strive212 LV
(610) 351-0212
1 in this area
20 Total Sales
-
Daniel Witt
Seller's Agent in 2018
Daniel Witt
Keller Williams Allentown
(610) 462-3280
216 Total Sales
-
Patricia Scheirer
Buyer's Agent in 2018
Patricia Scheirer
Weichert Realtors
(610) 730-6222
52 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 711149
APN: 640741098844-1
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