NOT LISTED FOR SALE
7 Beds
4 Baths
3,162 Sq Ft
2,601 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $436,000 $138 Per Sq Ft

6 Days on Market

About This Home

As of July 2024

Turnkey 4 Unit + Garage Investment Opportunity in Center City Allentown's Historic District. 321 N 8th St and 322 N Silk St., 2 2unit buildings on one deed, conveying with a Clear CO from the City of Allentown. 321 N 8th St. features a 1st floor large 1 bedroom unit and a spacious 2 bedroom unit on the 2nd and 3rd floors. 322 N Silk St. consists of 2 2bedroom units and a large garage. Three of the units are currently occupied by long term tenants. Buy and hold as an investment or live in one unit and rent the others. Economical Gas Heat! LOW TAXES! Owner is a PA Real Estate Broker.

Last Agent to Sell the Property

Matthew Hartman

Advanced Realty Services Listed on: 05/29/2024

Last Buyer's Agent

Marina Estevez

Allentown City Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1885

Lot Details

  • 2,601 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,162 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549791994666001

Community Details

Overview

  • 4 Units
  • Old Allentn Historic Subdivision

Building Details

  • Electric Expense $882
  • Insurance Expense $1,742
  • Trash Expense $750
  • Water Sewer Expense $1,927
  • Operating Expense $12,168
  • Gross Income $59,400
  • Net Operating Income $47,232

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,512

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 109300.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1885
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 7
  • Square Footage: 3162

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fans
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 882
  • Gas: 3355
  • Insurance: 1742
  • Trash Removal: 750
  • Water Sewer: 1927

Fee Information

  • Operating Expense: 12168

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.060
  • Lot Sq Ft: 2601
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549791994666001
  • County Taxes: 413.00
  • Municipal Taxes: 624.00
  • Total Taxes: 3512.00

Multi Family

  • School Taxes: 2475.00
  • Total Units: 4
  • Total Unit Count: 4

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
07/25/2024 07/25/24 Sold $436,000 -6.2% $138 / Sq Ft
06/12/2024 06/12/24 Price Changed $465,000 +3.3% $147 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $449,999 -- $142 / 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: 738726

Greater Lehigh Valley REALTORS®

APN: 549791994666-1