NOT LISTED FOR SALE
5 Beds
2 Baths
2,088 Sq Ft
1,901 Sq Ft Lot

Last Sold April 13, 2012

Last sale price $23,000 $11 Per Sq Ft

72 Days on Market

Highlights

  • Storm Windows
  • Wall to Wall Carpet
  • Radiator

About This Home

As of April 2012

Smart investors will not want to pass this one by. Chances to obtain a great, legal 2-unit for this price don't come along very often. Renovated within the past 5 years, a couple trips to the lumber yard and the paint shop should get this one up and running again. Separate electric and hot water, make this a landlord delight! Off-street parking available in the rear. There is a 1 or 2 bedroom on the first floor with an estimated rent of $550; there is a 3 bedroom on the 2nd and 3rd floors with an estimated rent of $750. This is the definition of CASH FLOW! This is a FannieMae HomePath property.

Last Agent to Sell the Property

Jeff Dotta

Acre and Estate Listed on: 01/03/2012

Last Buyer's Agent

Elias Aoun

Equity Lehigh Valley LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 1,901 Sq Ft Lot
  • Lot Dimensions are 16x118

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 2,088 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640713388801-00001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $200
  • Insurance Expense $500
  • Maintenance Expense $500
  • Manager Expense $1,560
  • Water Sewer Expense $500
  • Operating Expense $3,260
  • Gross Income $15,600
  • Net Operating Income $12,340

Security

  • Storm Windows
  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 22400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: RealEstateOwned

Interior Features

  • Features: Fire Escape, Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2088

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Electric, Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 200
  • Insurance: 500
  • Water Sewer: 500

Condo/Co-op/Association

  • Maintenance Repair: 500
  • Management: 1560

Fee Information

  • Operating Expense: 3260

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.044
  • Lot Dimensions: 16X118
  • Lot Sq Ft: 1901
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 640713388801-00001
  • County Taxes: 266.56
  • Municipal Taxes: 329.36
  • Total Taxes: 1674.57
  • Taxes: 1675

Multi Family

  • School Taxes: 1077.04
  • Total Units: 2
  • Total Unit Count: 2

Range of Values:

Collateral Analytics

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Average Value
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List 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
04/13/2012 04/13/12 Sold $23,000 -23.1% $11 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $29,900 -- $14 / 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: 422420

Greater Lehigh Valley REALTORS®

APN: 640713388801-1