j
Seller's Agent in 2020
james reardon
EXP Realty LLC
(484) 866-2495
503 N 6th St Allentown, PA 18102
Center City Neighborhood
3
Beds
2
Baths
2,862
Sq Ft
2,050
Sq Ft Lot
About This Home
As of February 2020Projected 20100 gross and 15100 net. Actuals are 17100 gross and 12100 net. The rents in both units are low and can be raised by a total of $250 monthly, This will make the gross and net go up by $3000 a year! That gets you to over a 12% cap rate Easy to increase to the projected numbers. 2 unit fully occupied investment property in center city Allentown. ! This is great for a new investor as it is a turnkey investment property. or for that experienced investor looking to grow their portfolio. High ceilings throughout! 1st unit 1 bedrooms 1 bath. 2nd unit has 2 bedrooms 1 bath. . I work with many investors let me help you with this and many more properties. This is a great place to start! Showing by appointment only. Please have a pre-approval ready to show
Last Listed By
james reardon
EXP Realty LLC Listed on: 10/18/2019
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,474
Year Built
- Built in 1890
Lot Details
- 2,050 Sq Ft Lot
Home Design
- 2,862 Sq Ft Home
- Brick Exterior Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- Off-Site Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 640703625072 001
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $928
- Maintenance Expense $400
- Manager Expense $400
- Other Expense $150
- Trash Expense $350
- Water Sewer Expense $480
- Operating Expense $3,600
- Gross Income $17,100
- Net Operating Income $12,100
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $125,000 | -5.3% | $44 / Sq Ft |
| 12/26/2019 12/26/19 | Pending | -- | -- | -- |
| 11/01/2019 11/01/19 | Price Changed | $132,000 | -2.2% | $46 / Sq Ft |
| 10/18/2019 10/18/19 | For Sale | $135,000 | -- | $47 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Tejas Gosai
EXP Realty LLC
(484) 866-2495
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 626441
APN: 640703625072-1
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.
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
- 617 W Liberty St
- 405 N 6th St
- 454 W Liberty St
- 427 N 5th St
- 442 N Penn St
- 348 N 6th St
- 730 W Liberty St
- 448 W Gordon St
- 737 N 5th St
- 429 N Lumber St
- 458 N Jordan St Unit Lot 20
- 522 N Jordan St
- 643 N 4th St
- 389 W Brush St
- 733 W Green St
- 809 W Tilghman St
- 516 N Lumber St
- 828 W Allen St
- 392 W Tilghman St
- 824 N 5th St