$145,000
SOLD MAY 31, 2018

394 W Tilghman St Allentown, PA 18102

Center City Neighborhood
4 Beds
3 Baths
2,100 Sq Ft
1,620 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

12% Below List Price

56 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of April 2019

Investment Property showing a 11.6% Net Cap Rate ~ Renovated 3 unit conveniently located in Allentown, close to the up and coming proposed Waterfront, the PPL Center and downtown shops, restaurants and hotels. Tenants pay all electric and heat. Landlord pays water, sewer, trash and gas for water heater. Fully occupied with yearly leases and full deposits. Off-street parking for 2 cars. Property can be sold as a package with MLS #569679

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 02/08/2018

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty Listed on: 02/08/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1910

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 120 x 13.5

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640714653355-00001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,200
  • Trash Expense $1,080
  • Water Sewer Expense $1,000
  • Operating Expense $5,650
  • Gross Income $25,260
  • Net Operating Income $19,610

Security

  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,871

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted, Row-End Unit
  • Technology: Cable, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 68700.00
  • Stories: 3.0
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2100

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Gas: 500
  • Insurance: 1200
  • Trash Removal: 1080
  • Water Sewer: 1000

Fee Information

  • Operating Expense: 5650

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.037
  • Lot Dimensions: 120 x 13.5
  • Lot Sq Ft: 1620
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 640714653355-00001
  • County Taxes: 250.07
  • Municipal Taxes: 313.63
  • Total Taxes: 1870.73

Multi Family

  • School Taxes: 1307.03
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

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Range of Values:

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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
12/23/2023 12/23/23 Rented $895 0.0% --
12/07/2023 12/07/23 Price Changed $895 -8.2% $1 / Sq Ft
11/24/2023 11/24/23 For Rent $975 0.0% --
09/14/2023 09/14/23 Under Contract -- -- --
08/22/2023 08/22/23 Price Changed $975 -2.0% $1 / Sq Ft
07/26/2023 07/26/23 For Rent $995 0.0% --
04/24/2019 04/24/19 Sold $160,000 +3.2% $76 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $155,000 +6.9% $74 / Sq Ft
05/31/2018 05/31/18 Sold $145,000 -12.1% $69 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $165,000 +79.3% $79 / Sq Ft
06/01/2015 06/01/15 Sold $92,000 -25.8% $44 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
06/22/2014 06/22/14 For Sale $124,000 0.0% $59 / Sq Ft
02/01/2014 02/01/14 Rented $550 0.0% --
02/01/2014 02/01/14 Under Contract -- -- --
12/18/2013 12/18/13 For Rent $550 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jeremy Merwarth

    The Real Estate Firm&PropMngmt

    (484) 554-4214

    1 in this area

    24 Total Sales

    Section Image
  • Jennifer de Jesus

    Seller's Agent in 2019

    Jennifer de Jesus

    Steel City Realty LLC

    (610) 333-4250

    144 in this area

    437 Total Sales

    Section Image

  • (

    Buyer's Agent in 2019

    (Not a member of any Non-Realtor

    NON MEMBER

  • Joe McGavin

    Seller's Agent in 2015

    Joe McGavin

    Realty One Group Supreme

    (610) 442-4947

    7 in this area

    113 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Laura Hill

    Keller Williams Northampton

    Section Image

  • E

    Seller's Agent in 2014

    Elizabeth Price

    IronValley RE of Lehigh Valley

    (484) 619-3496

    10 Total Sales

    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 569674

Greater Lehigh Valley REALTORS®

APN: 640714653355-1

Pennsylvania Lehigh County Allentown 18102 Center City

394 W Tilghman St, Allentown, PA

This home is located at 394 W Tilghman St, Allentown, PA 18102 and is currently priced at $145,000, approximately $69 per square foot. This property was built in 1910. 394 W Tilghman St is a home located in Lehigh County with nearby schools including Sheridan Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff 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.
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