Seller's Agent in 2025
Michael Gensey
DKR Property Mgmt & Maint LLC
(484) 357-6391
3 in this area
17 Total Sales
420 N Law St Allentown, PA 18102
Center City Neighborhood
3
Beds
1
Bath
1,148
Sq Ft
1,102
Sq Ft Lot
About This Home
As of October 2025Investor Special! This 3-bedroom property at 420 N Law St, Allentown is priced at $149,900 and offers excellent rental potential. The previous tenant paid $1,150/month, with all utilities in tenant’s name. Owner expenses were limited to taxes and insurance, estimated at $1,900 annually. Based on prior rent, the property delivers a cap rate of approximately 8.3%, with room to increase rents for even stronger returns. Currently vacant, providing flexibility for new leasing or improvements. A clear Certificate of Occupancy will be provided, and the property features off-street parking in the rear plus a playground directly across the street—a great draw for tenants. Solid cash-flow potential at a competitive price!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,354
Year Built
- Built in 1901
Home Design
- Brick or Stone Mason
Interior Spaces
- 1,148 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- On-Street Parking
- Off-Street Parking
Additional Features
- 1,102 Sq Ft Lot
- Heating Available
Community Details
Overview
- Old Frgrnds Historic Subdivision
Building Details
- Insurance Expense $600
- Maintenance Expense $500
- Gross Income $13,800
- Net Operating Income $11,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2025
Closed on
Oct 13, 2025
Sold by
Narayanan Arun
Bought by
Heredia Fernando
Seller's Agent
Michael Gensey
DKR Property Mgmt & Maint LLC
Buyer's Agent
Johann Torres Soto
IronValley RE of Lehigh Valley
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.48%
Purchase Details
Closed on
Sep 27, 2023
Sold by
Anb Reality 3 Llc
Bought by
Narayanan Arun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 24, 2012
Closed on
Jul 6, 2012
Sold by
Federal National Mortgage Association
Bought by
Anb Realty 3 Llc
Seller's Agent
Jeff Dotta
Peak Properties PA
Buyer's Agent
Tyrone Riddick
Allentown City Realty
List Price
$26,000
Sold Price
$21,500
Premium/Discount to List
-$4,500
-17.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%
Purchase Details
Closed on
Apr 3, 2012
Sold by
Rossi Sheriff Ronald W and Begolli Luleta
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 24, 2007
Sold by
Reyes Maria
Bought by
Begolli Luleta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2005
Sold by
Glennon Mary
Bought by
Reyes Miguel and Reyes Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 2003
Sold by
Clifton Willie J
Bought by
Glennon Mary
Purchase Details
Closed on
Nov 20, 2002
Sold by
Lasalle National Bank
Bought by
Clifton Willie J
Purchase Details
Closed on
Jan 31, 2002
Sold by
Martel Michael
Bought by
Lasalle National Bank
Purchase Details
Closed on
Mar 29, 1999
Sold by
Williams Thomas P and Williams Tina M
Bought by
Martel Michael
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,500 | Ivy Settlement Group | |
| Deed | $100,000 | None Listed On Document | |
| Warranty Deed | $21,500 | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | $60,000 | -- | |
| Deed | $42,000 | -- | |
| Deed | $30,000 | -- | |
| Deed | $18,000 | -- | |
| Sheriffs Deed | -- | -- | |
| Deed | $40,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $54,000 | New Conventional | |
| Previous Owner | $37,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2025 10/13/25 | Sold | $142,500 | -4.9% | $124 / Sq Ft | |
| 09/20/2025 09/20/25 | Pending | -- | -- | -- | |
| 08/21/2025 08/21/25 | For Sale | $149,900 | +597.2% | $131 / Sq Ft | |
| 07/20/2012 07/20/12 | Sold | $21,500 | -17.3% | $19 / Sq Ft | View Prior Sale |
| 06/18/2012 06/18/12 | Pending | -- | -- | -- | |
| 05/24/2012 05/24/12 | For Sale | $26,000 | -- | $23 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,354 | $41,500 | $3,800 | $37,700 |
| 2024 | $1,354 | $41,500 | $3,800 | $37,700 |
| 2023 | $1,354 | $41,500 | $3,800 | $37,700 |
| 2022 | $1,307 | $41,500 | $37,700 | $3,800 |
| 2021 | $1,281 | $41,500 | $3,800 | $37,700 |
| 2020 | $1,247 | $41,500 | $3,800 | $37,700 |
| 2019 | $1,227 | $41,500 | $3,800 | $37,700 |
| 2018 | $1,145 | $41,500 | $3,800 | $37,700 |
| 2017 | $1,116 | $41,500 | $3,800 | $37,700 |
| 2016 | -- | $41,500 | $3,800 | $37,700 |
| 2015 | -- | $41,500 | $3,800 | $37,700 |
| 2014 | -- | $41,500 | $3,800 | $37,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gensey
-
Johann Torres Soto
J
Buyer's Agent in 2025
Johann Torres Soto
IronValley RE of Lehigh Valley
(484) 735-9071
1 in this area
1 Total Sale
-
Jeff Dotta
J
Seller's Agent in 2012
Jeff Dotta
Peak Properties PA
(484) 951-3938
28 Total Sales
-
T
Buyer's Agent in 2012
Tyrone Riddick
Allentown City Realty
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 763334
APN: 640702991022-1
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