NOT LISTED FOR SALE

323 S 16th St Allentown, PA 18102

West End Allentown Neighborhood
5 Beds
3 Baths
2,000 Sq Ft
2,614 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $298,000 $149 Per Sq Ft

76 Days on Market

About This Home

As of March 2024

Two Unit Investment Opportunity in the wonderful West End of Allentown. Clear CO from the City and long term tenants make this even more appealing. First floor unit has been partially renovated with a full rehab of the lower level. This unit include laundry room and has a private entrance. The Second floor unit has also been updated with a long standing tenant. Each unit has it's own Electric Meter and the entire building has gas heat. A detached garage in the rear can also be rented and add to this income producing property.

Last Agent to Sell the Property

Bryant Walton

BetterHomes&GardensRE/Cassidon Listed on: 11/01/2023

BetterHomes&GardensRE/Cassidon

Last Buyer's Agent

Demi Grida

Keller Williams Northampton License #RS364239

Keller Williams Northampton

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1928

Lot Details

  • 2,614

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549666689591 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $800
  • Operating Expense $3,200
  • Gross Income $36,000
  • Net Operating Income $31,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,978

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 1226.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1928
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2000

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Gas: 2400
  • Heat: 2400
  • Insurance: 1800
  • Water Sewer: 800

Fee Information

  • Operating Expense: 3200

Lot Info

  • Zoning Code: R-M-Med Density Residential

Tax Info

  • Assessor Parcel Number: 549666689591 001
  • County Taxes: 463.43
  • Municipal Taxes: 738.67
  • Total Taxes: 3978.16

Multi Family

  • School Taxes: 2777.06
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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 List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $298,000 -8.3% $149 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $325,000 +182.6% $163 / Sq Ft
04/10/2017 04/10/17 Sold $115,000 -17.8% $70 / Sq Ft View Prior Sale
03/18/2017 03/18/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $139,900 -- $85 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bryant Walton

    BetterHomes&GardensRE/Cassidon

    (610) 266-2661

    8 in this area

    58 Total Sales

    Bryant Walton
    Section Image

  • D

    Buyer's Agent in 2024

    Demi Grida

    Keller Williams Northampton

    (484) 484-4205

    2 in this area

    80 Total Sales

    Demi Grida
    Section Image

  • D

    Seller's Agent in 2017

    David Capece

    Keller Williams Allentown

    (610) 791-3600

    3 in this area

    35 Total Sales

    David Capece
    Section Image
  • Paul Myers, ABR, ePRO

    Buyer's Agent in 2017

    Paul Myers, ABR, ePRO

    Coldwell Banker Hearthside

    (267) 614-3705

    15 Total Sales

    Paul Myers, ABR, ePRO
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 726446

Greater Lehigh Valley REALTORS®

APN: 549666689591-1

Pennsylvania Lehigh County Allentown 18102 West End Allentown

323 S 16th St, Allentown, PA

Not Listed for Sale

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