NOT LISTED FOR SALE
8 Beds
8 Baths
5,500 Sq Ft
7,764 Sq Ft Lot

Last Sold November 27, 2012

Last sale price $260,000 $47 Per Sq Ft

50 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • Storm Windows

About This Home

As of November 2012

Well built well kept 4- Unit INVESTMENT OPPORTUNITY in West Allentown. Walking distance to Cedar Beach Park and the Lehigh Parkway ! EACH UNIT FEATURES 2 bedrooms and 2 FULL bathrooms. This 2 story with nice yard is a real gem. Easy to get to and close to everything. THIS IS A MUST SEE. Well maintained Brick and Siding. Each unit has it's own 6' x11' deck/balcony. Paved parking for 7 in back of complex and plenty of on street parking. Lovely Bird Street Park is directly across the back alley from this 75% occupied 4 unit ! Fourth unit NEW paint and NEW carpet. Each UNIT has a seperate air handler and the tenants pay their own utilities. This Complex features a huge FULL basement with seperate lockable storage cages for each tenant and lots of additional space for OWNER's storage. Entrance features locked main entrance opens onto clean foyer and mail area.
Grounds are well-lit and clean ! Roof is only 11 years old .

Last Agent to Sell the Property

Kenneth Walchinsky

BHHS Fox & Roach Center Valley Listed on: 09/05/2012

Last Buyer's Agent

Patricia Heine

BHHS Fox & Roach Center Valley

BHHS Fox & Roach Center Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 7,764 Sq Ft Lot
  • Lot Dimensions are 64.70 x 120

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 5,500 Sq Ft Home
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549655579776 001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $2,458
  • Trash Expense $1,360
  • Water Sewer Expense $1,236
  • Operating Expense $13,450
  • Gross Income $42,480
  • Net Operating Income $29,029

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Complex
  • Technology: Cable, Smoke Detector Wired
  • County Assessment: 97600.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Features: Balcony, Storm Windows, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 8
  • Full Bathrooms: 8
  • Bedrooms: 8
  • Square Footage: 5500

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air, Gas, Heat Pump
  • Sewer: Public
  • Water: Public
  • Electric: 720
  • Insurance: 2458
  • Trash Removal: 1360
  • Water Sewer: 1236

Condo/Co-op/Association

  • Lawn Snow Removal: 250

Fee Information

  • Operating Expense: 13450

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.178
  • Lot Dimensions: 64.70 x 120
  • Lot Sq Ft: 7764
  • Zoning Code: R-M

Tax Info

  • Assessor Parcel Number: 549655579776 001
  • County Taxes: 1135.42
  • Municipal Taxes: 1375.97
  • Total Taxes: 7376.43

Multi Family

  • School Taxes: 4640.98
  • Total Units: 4
  • Total Unit Count: 4

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
11/27/2012 11/27/12 Sold $260,000 -11.8% $47 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $294,900 -- $54 / 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: 437166

Greater Lehigh Valley REALTORS®