NOT LISTED FOR SALE

533 N 2nd St Unit 535 Allentown, PA 18102

6th Ward Neighborhood
4 Beds
3 Baths
1,860 Sq Ft
4,792 Sq Ft Lot

Last Sold September 05, 2024

Last sale price $315,000 $169 Per Sq Ft

4 Days on Market

About This Home

As of September 2024

SHOWINGS FRIDAY, SATURDAY, SUNDAY. **MULTIPLE OFFERS RECEIVED PLEASE SUBMIT ALL OFFERS BY SUNDAY AT 8PM* Listed at a 9 cap with room for improvement!! Welcome to 533-535 N 2nd St. This 3 unit brick at end of row is situated on a double lot. The first floor features a small studio apartment with 2 utility rooms including laundry with a long term tenant. Unit 2 is a spacious 1 bed 1 bath apartment with modern kitchen, fresh paint, and updates throughout. This unit has been left vacant for the sale. Unit 3 has been updated since ownership with a fresh kitchen bath and more. This unit is occupied by a long term tenant. Outside you will find a parking area with plenty of room for expansion possibilities for extra income! There are 2 gas meters with gas cooking and gas hot H20 in units 2 and 3. All tenants pay their own electric and gas bills.

Last Agent to Sell the Property

Christine Stefchak

Light House Realty LV LLC Listed on: 07/31/2024

Last Buyer's Agent

Demi Grida

Keller Williams Northampton License #RS364239

Keller Williams Northampton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 126x40

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,860 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640734258881001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,335
  • Insurance Expense $1,500
  • Trash Expense $1,245
  • Water Sewer Expense $2,580
  • Gross Income $33,600
  • Net Operating Income $26,940

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,902

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row-End Unit
  • County Assessment: 119200.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 1860

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Cooling: Window ACs
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1335
  • Insurance: 1500
  • Trash Removal: 1245
  • Water Sewer: 2580

Lot Info

  • Lot Dimensions: 126x40
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640734258881001
  • County Taxes: 450.58
  • Municipal Taxes: 752.16
  • Total Taxes: 3901.81

Multi Family

  • School Taxes: 2699.07
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $315,000 +8.6% $169 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $290,000 +73.7% $156 / Sq Ft
02/11/2020 02/11/20 Sold $167,000 -6.1% $90 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
12/22/2019 12/22/19 Price Changed $177,900 -5.9% $96 / Sq Ft
12/11/2019 12/11/19 Price Changed $189,000 -4.1% $102 / Sq Ft
11/04/2019 11/04/19 Price Changed $197,000 -10.0% $106 / Sq Ft
10/03/2019 10/03/19 Price Changed $219,000 -4.4% $118 / Sq Ft
08/23/2019 08/23/19 For Sale $229,000 -- $123 / 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: 742723

Greater Lehigh Valley REALTORS®

APN: 640734258881-1