NOT LISTED FOR SALE
5 Beds
2 Baths
2,884 Sq Ft
2,795 Sq Ft Lot

Last Sold August 07, 2018

Last sale price $148,000 $51 Per Sq Ft

35 Days on Market

About This Home

As of August 2018

Fantastic 2 unit in Allentown with nearly a 10% Cap rate. This building is huge with nearly 2900 sq feet with a 2 br unit on the first floor and a 3 BR unit encompassing the 2nd and 3rd floors. Both units feature updated kitchen and baths. Both eat in kitchens feature granite countertops, newer cabinets and tile floors. This 2 unit investment is a wonderful opportunity for either a beginner or a savvy investor. This property will be sold with a clear certificate of occupancy from the city of Allentown. This investment opportunity is a definite MUST SEE!!!

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters Listed on: 05/11/2018

Last Buyer's Agent

Timothy Weber

BHHS Fox & Roach - Allentown

BHHS Fox & Roach - Allentown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1900

Lot Details

  • 2,795 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,884 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549689065930-00001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $750
  • Trash Expense $750
  • Water Sewer Expense $600
  • Operating Expense $5,320
  • Gross Income $21,600
  • Net Operating Income $16,280

Security

  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,980

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, Row/Townhouse
  • Technology: Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 43400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2884

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 240
  • Insurance: 750
  • Trash Removal: 750
  • Water Sewer: 600

Fee Information

  • Operating Expense: 5320

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.064
  • Lot Sq Ft: 2795
  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 549689065930-00001
  • County Taxes: 394.94
  • Municipal Taxes: 520.70
  • Total Taxes: 2979.87
  • Taxes: 2980

Multi Family

  • School Taxes: 2064.63
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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ICE

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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
08/07/2018 08/07/18 Sold $148,000 -12.9% $51 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $169,900 -- $59 / 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: 580055

Greater Lehigh Valley REALTORS®

APN: 549689065930-1