NOT LISTED FOR SALE

501 N Front St Allentown, PA 18102

6th Ward Neighborhood
11 Beds
6 Baths
5,934 Sq Ft
2,526 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $540,000 $91 Per Sq Ft

26 Days on Market

Highlights

  • Brick or Stone Veneer
  • Baseboard Heating
  • 5-minute walk to Bucky Boyle Park

About This Home

As of October 2021

Solid investment, great cash flow. Net Income $54,000+. Great opportunity - 6 total units includes commercial storefront.
Rents: Storefront $1050.00, Apt. 2, 2 BR $935.00, Apt. 3 3BR $950.00, Apt. 4, 2BR $850.00, Apt 5, 2BR $840.00, Rear Apt. 3BR, $950.00. Separate utilities, electric heat, gas cooking and hot water. Clear C/O will be provided. Next to proposed Riverfront projects.

Last Agent to Sell the Property

Louie Falco

Rudy Amelio Real Estate Listed on: 06/30/2021

Rudy Amelio Real Estate

Last Buyer's Agent

Ronald Bowser

Steel City Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,826

Year Built

  • Built in 1885

Lot Details

  • 2,526 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick or Stone Veneer

Interior Spaces

  • 5,934 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640744469874-001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $376
  • Insurance Expense $1,137
  • Trash Expense $1,858
  • Water Sewer Expense $1,950
  • Operating Expense $11,147
  • Gross Income $65,460
  • Net Operating Income $54,314

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,826

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted
  • Technology: Cable, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 193500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1885
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, No Disclosure
  • Bathrooms: Semi Modern
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 11
  • Square Footage: 5934

Exterior Features

  • Construction: Aluminum, Brick, Brickote

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 376
  • Insurance: 1137
  • Trash Removal: 1858
  • Water Sewer: 1950

Fee Information

  • Operating Expense: 11147

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.058
  • Lot Sq Ft: 2526
  • Zoning Code: RMHD

Tax Info

  • Assessor Parcel Number: 640744469874-001
  • County Taxes: 731.43
  • Municipal Taxes: 1054.37
  • Total Taxes: 5825.56

Multi Family

  • School Taxes: 4039.76
  • Total Units: 6
  • Total Unit Count: 6

Range of Values:

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Average Value
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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
10/07/2021 10/07/21 Sold $540,000 -1.8% $91 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $549,900 0.0% $93 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $549,900 -- $93 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Louie Falco

    Rudy Amelio Real Estate

    (610) 393-2694

    3 in this area

    47 Total Sales

    Louie Falco
    Section Image
  • Ronald Bowser

    Buyer's Agent in 2021

    Ronald Bowser

    Steel City Realty

    (484) 895-9005

    2 in this area

    89 Total Sales

    Ronald Bowser
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 672203

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18102 6th Ward

501 N Front St, Allentown, PA

This home is located at 501 N Front St, Allentown, PA 18102 since 30 June 2021. This property was built in 1885. 501 N Front St is a home located in Lehigh County with nearby schools including Sheridan 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.

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