$750,000
SOLD MAY 13, 2020

442 N 5th St Allentown, PA 18102

Center City Neighborhood
8 Beds
-- Bath
8,400 Sq Ft
1892 Built

Recently Sold

$89 Per Sq Ft

9 Days on Market

About This Home

As of July 2022

WELCOME TO 5TH ST PLACE APARTMENTS! ~ AN 8 UNIT APARTMENT COMPLEX WITH GATED AND SECURED ACCESS PRIVATE PARKING ~ $86,000+ GROSS OPERATING INCOME ~ 7.49% CAP RATE WITH RESERVES TAKEN OUT FOR MANAGEMENT, MAINTENANCE, VACANCIES AND FUTURE REPLACEMENT RESERVES ~ EARLY TENANTS DURING THE RENOVATION ARE PAYING BELOW MARKET RENT FOR THIS LOCATION ~ RECENTLY RENOVATED 1 BEDROOM APARTMENTS ~ TENANT PAID HEAT ~ PROPERTY WAS RENOVATED IN 2019 WITH NEW KITCHENS, BATHROOMS FLOORING, NEWLY PAVED PARKING LOT. Property was renovated in 2019 with new kitchens, bathrooms, parking lot, windows, heat etc. Gated parking lot provides private and secured parking for the residents. Contact listing agent for detailed income and expenses. Take a look at the video and see for yourself and schedule your showing today!

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 03/09/2020

Last Buyer's Agent

Paula Meilinger

BHHS Fox & Roach Macungie

BHHS Fox & Roach Macungie

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1892

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8 Bedrooms
  • 8,400 Sq Ft Home
  • 4-Story Property

Parking

  • 9 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 8 Units
  • Gross Income $86,000

Listing and Financial Details

  • Assessor Parcel Number 640713024485001

Property Details

Home Type

Apartment

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex
  • County Assessment: 318000.00
  • Stories: 4.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1892
  • Special Features: None

Interior Features

  • Bedrooms: 8
  • Square Footage: 8400

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 9

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640713024485001

Multi Family

  • Total Units: 8

Range of Values:

Collateral Analytics

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ICE

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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
07/29/2022 07/29/22 Sold $900,000 -14.3% $107 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $1,050,000 -11.0% $125 / Sq Ft
03/20/2022 03/20/22 For Sale $1,180,000 +57.3% $140 / Sq Ft
05/13/2020 05/13/20 Sold $750,000 0.0% $89 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $750,000 -- $89 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paula Meilinger

    Seller's Agent in 2022

    Paula Meilinger

    BHHS Fox & Roach

    (610) 739-0545

    4 in this area

    92 Total Sales

    Paula Meilinger
    Section Image
  • Sean LaSalle

    Seller Co-Listing Agent in 2022

    Sean LaSalle

    Coldwell Banker Hearthside

    (610) 737-5369

    8 in this area

    230 Total Sales

    Sean LaSalle
    Section Image

  • N

    Buyer's Agent in 2022

    Nathaniel Singley

    BHHS Fox & Roach

    Section Image

  • C

    Seller's Agent in 2020

    Charalambos Papageorgiou

    Emerald Realty Group

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 634523

Greater Lehigh Valley REALTORS®

APN: 640713024485-1

Pennsylvania Lehigh County Allentown 18102 Center City

442 N 5th St, Allentown, PA

This home is located at 442 N 5th St, Allentown, PA 18102 and is currently priced at $750,000, approximately $89 per square foot. This property was built in 1892. 442 N 5th St is a home located in Lehigh County with nearby schools including Central Elementary School, Francis D Raub 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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