NOT LISTED FOR SALE

523 N New St Unit 525 Allentown, PA 18102

Center City Neighborhood
7 Beds
4 Baths
3,696 Sq Ft
4,792 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $225,000 $61 Per Sq Ft

12 Days on Market

About This Home

As of November 2019

MULTIPLE OFFERS RECEIVED...HIGHEST AND BEST OFFERS DUE BY 4PM ON SEPTEMBER 26TH!!! Rare opportunity these days!!! 4 unit with a net cap rate based on basic costs of 10%.(rents for the 1 bedrooms being $695 and $650). One 2 bedroom home, one 3-4 bedroom home and two 1 bedroom apartments. Off street parking for at least 4 cars. Two homes are occupied. One of the 1 bedroom apartments is completely renovated from top to bottom and the other has had a fresh makeover. Ready to go!!!

Last Agent to Sell the Property

Jason Hall

Cassidon Property Management License #AB067574 Listed on: 09/16/2019

Last Buyer's Agent

Alex Lopez

Homeway Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,696 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549782669501001

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $143
  • Other Expense $505
  • Water Sewer Expense $226
  • Gross Income $3,190
  • Net Operating Income $2,256

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,518

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Both Halves, Row/Townhouse
  • County Assessment: 151200.00
  • Stories: 2.5
  • Street Number Modifier: 525
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 7
  • Square Footage: 3696

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 143
  • Water Sewer: 226

Condo/Co-op/Association

  • Lawn Snow Removal: 60

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-Mh

Rental Info

  • Other Expenses: 505

Tax Info

  • Assessor Parcel Number: 549782669501001
  • County Taxes: 550.37
  • Municipal Taxes: 932.82
  • Total Taxes: 4518.44

Multi Family

  • School Taxes: 3035.25
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
11/27/2019 11/27/19 Sold $225,000 0.0% $61 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $225,000 0.0% $61 / Sq Ft
10/18/2012 10/18/12 Rented $795 -3.6% --
10/17/2012 10/17/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $825 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jason Hall

    Cassidon Property Management

    (610) 554-6599

    13 in this area

    67 Total Sales

    Jason Hall
    Section Image

  • A

    Buyer's Agent in 2019

    Alex Lopez

    Homeway Real Estate

    Section Image

  • T

    Buyer's Agent in 2012

    Tara Rodriguez

    Home Team Real Estate

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 623207

Greater Lehigh Valley REALTORS®

APN: 549782669501-1

Pennsylvania Lehigh County Allentown 18102 Center City

523 N New St Unit 525, Allentown, PA

This home is located at 523 N New St Unit 525, Allentown, PA 18102 since 16 September 2019. This property was built in 1900. 523 N New St Unit 525 is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Francis D Raub Middle School, and William Allen 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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