NOT LISTED FOR SALE

36 S 5th St Allentown, PA 18101

Center City Neighborhood
9 Beds
10 Baths
4,256 Sq Ft
1900 Built

Last Sold June 30, 2014

Last sale price $317,500 $75 Per Sq Ft

41 Days on Market

About This Home

As of June 2014

Owner Retiring, his loss is your gain. Very Profitable
property shows 13.64% Cap Rate and $45,000 Net Income
on this 9 unit fully occupied property with tenants paying for
utilities. Rubber roof has been replaced within the last 3
years. Building is in the heart of the legal district and the
downtown revitalization (new hockey arena and
improvements along Hamilton). Property is being sold code
free.

Last Agent to Sell the Property

Mario Castanhas

IronValley RE of Lehigh Valley License #RS214417L Listed on: 04/01/2014

IronValley RE of Lehigh Valley

Last Buyer's Agent

Chip Schmoyer

Iron Valley Real Estate Legacy

Iron Valley Real Estate Legacy

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1900

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 4,256 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640720137742001

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $2,309
  • Insurance Expense $1,900
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • Operating Expense $13,462
  • Gross Income $58,488
  • Net Operating Income $45,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,260

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
  • County Assessment: 262300.00
  • 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: 10
  • Full Bathrooms: 10
  • Bedrooms: 9
  • Square Footage: 4256

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 2309
  • Insurance: 1900
  • Trash Removal: 1200
  • Water Sewer: 1000

Fee Information

  • Operating Expense: 13462

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: B-2

Tax Info

  • Assessor Parcel Number: 640720137742001
  • Total Taxes: 7260.44

Multi Family

  • Total Units: 9
  • Total Unit Count: 9

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
06/30/2014 06/30/14 Sold $317,500 -3.8% $75 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $329,900 -- $78 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Castanhas

    Seller's Agent in 2014

    Mario Castanhas

    IronValley RE of Lehigh Valley

    4 in this area

    62 Total Sales

    Section Image
  • Chip Schmoyer

    Buyer's Agent in 2014

    Chip Schmoyer

    Iron Valley Real Estate Legacy

    (610) 573-1301

    3 in this area

    107 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 468952

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18101 Center City

36 S 5th St, Allentown, PA

This home is located at 36 S 5th St, Allentown, PA 18101 since 01 April 2014. This property was built in 1900. 36 S 5th St is a home located in Lehigh County with nearby schools including Roosevelt Elementary School, South Mountain Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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