$155,000
SOLD NOV 14, 2019
5 Beds
2 Baths
2,642 Sq Ft
2,827 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

6% Below List Price

11 Days on Market

About This Home

As of November 2019

ATTENTION INVESTORS! 10% CAP Rate!!!
Want to be a Real Estate investor? Looking for a Turn-Key Property? Here is a great opportunity to own a 2 unit in Allentown. Great rental property and money maker that is fully rented out with the tenants paying all utilities and is minutes from major highways. Property being sold as-is. This property is a must-see! For investors looking to increase their portfolio with several properties, please view MLS #'s 624967, 625075, 625161 & 625056.

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside Listed on: 10/01/2019

Coldwell Banker Hearthside

Co-Listed By

Mike Dragotta

Coldwell Banker Hearthside

Last Buyer's Agent

Melissa Sterner

Keller Williams Allentown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1895

Lot Details

  • 2,827 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640703418427 001

Community Details

Building Details

  • Insurance Expense $1,000
  • Operating Expense $3,521
  • Gross Income $20,100
  • Net Operating Income $16,578

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,521

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 84300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1895
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2642

Exterior Features

  • Construction: Aluminum, Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 1000

Fee Information

  • Operating Expense: 3521

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.065
  • Lot Sq Ft: 2827
  • Zoning Code: R-MH Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 640703418427 001
  • County Taxes: 306.85
  • Municipal Taxes: 522.32
  • Total Taxes: 2521.44

Multi Family

  • School Taxes: 1692.27
  • Total Units: 2
  • Total Unit Count: 2

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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
11/14/2019 11/14/19 Sold $155,000 -6.1% $59 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $165,000 +11.5% $62 / Sq Ft
01/11/2019 01/11/19 Sold $148,000 0.0% $56 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $148,000 -- $56 / 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: 625113

Greater Lehigh Valley REALTORS®

APN: 640703418427-1