NOT LISTED FOR SALE

460 Hanover Ave Allentown, PA 18109

Rittersville Neighborhood
5 Beds
4 Baths
2,175 Sq Ft
1,786 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $264,900 $122 Per Sq Ft

3 Days on Market

Highlights

  • Storm Windows
  • 2 Car Garage
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of April 2021

Rare 3-unit with recent clear City C.O., along with long-term tenants offered by the owner-occupant at an actual current 9.8% Cap Rate. Separate electric meters in each unit, including h/w heaters, to keep operating costs low. New vinyl replacement windows throughout, and newer roofs. Modern electric/plumbing. Owner s unit #3 offers a luxury bath and kitchen with granite/stainless, mini-split HVAC, recessed lighting and access to extended depth garage with laundry room. Unit #2 on 2nd/3rd floor with 2 full modern baths, new carpet and modern kitchen. Unit #1 is a modern 2 b/r, 1 bath with long-term tenant at $750/mo on M/2/M lease (market rent $900-$950). This well-kept property is ideal for investors looking for a turn-key, easy to manage, easy to rent opportunity. Agents must follow All PAR Covid-19 showing protocols/documentation. Masks to be worn by all who enter. Gross annual income $35,040, less operating expenses of $7,650 = NOI of $27,390. Also ideal for owner-occupant.

Last Agent to Sell the Property

Bob Brown

Realty 365 Listed on: 02/20/2021

Last Buyer's Agent

Bob Brown

Realty 365 Listed on: 02/20/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1915

Lot Details

  • 1,786 Sq Ft Lot
  • Lot Dimensions are 15x20

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,175 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Home Security

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640774645663001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $1,500
  • Water Sewer Expense $720
  • Operating Expense $7,650
  • Gross Income $35,040
  • Net Operating Income $27,390

Security

  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,952

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row-End Unit
  • Technology: Cable, Smoke Detector Wired
  • County Assessment: 165800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Features: Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Square Footage: 2175

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 480
  • Insurance: 1500
  • Water Sewer: 720

Fee Information

  • Operating Expense: 7650

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Dimensions: 15x20
  • Lot Sq Ft: 1786
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640774645663001
  • County Taxes: 627.00
  • Municipal Taxes: 865.00
  • Total Taxes: 4952.00

Multi Family

  • School Taxes: 3460.00
  • Total Units: 3
  • Total Unit Count: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/05/2021 04/05/21 Sold $264,900 -5.4% $122 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/20/2021 02/20/21 Price Changed $279,900 +3.7% $129 / Sq Ft
02/20/2021 02/20/21 For Sale $269,900 -- $124 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bob Brown

    Seller's Agent in 2021

    Bob Brown

    Realty 365

    (610) 776-7676

    2 in this area

    58 Total Sales

    Bob Brown
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 660235

Greater Lehigh Valley REALTORS®

APN: 640774645663-1

Pennsylvania Lehigh County Allentown 18109 Rittersville

460 Hanover Ave, Allentown, PA

This home is located at 460 Hanover Ave, Allentown, PA 18109 since 20 February 2021. This property was built in 1915. 460 Hanover Ave is a home located in Lehigh County with nearby schools including Mosser 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.
Information is deemed reliable but not guaranteed.

Nearby Homes