NOT LISTED FOR SALE
4 Beds
3 Baths
2,584 Sq Ft
1,925 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $385,000 $149 Per Sq Ft

12 Days on Market

About This Home

As of June 2024

Here’s your chance to be a part of Allentown's revitalization. Impeccably maintained Allentown 3-Unit, perfect for an investor with a solid 8% CAP Rate or owner-occupant! This property features the perfect blend of historic elegance and contemporary updates. The well-designed layout offers comfortable living spaces & seamless flow, creating an inviting environment for occupants. Parking is always a priority, and ensures convenience w/ both off & on-street parking with 4 off street parking spaces. Property features (1) 2 Bedroom Apartment and (2) 1 Bedroom Apartments. All units have been fully updated and the entire building has been rewired and is all electric. Tenants pay all utilities. This property guarantees steady & lucrative rental income, along with an affordable and comfortable way of living for an owner occupant. Conveniently located near the heart of Allentown’s redevelopment shops, restaurants, parks, and major transportation routes. Just a few blocks from over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more. Residents will enjoy easy access to all the amenities the area has to offer. Property being sold with a clear CO from City of Allentown. This property is a must see!

Last Agent to Sell the Property

Andrew Ginsburg

BHHS Regency Real Estate Listed on: 04/10/2024

BHHS Regency Real Estate

Last Buyer's Agent

Jeremy Wheeler

D. R. Horton Realty of PA

D. R. Horton Realty of PA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1890

Lot Details

  • 1,925 Sq Ft Lot
  • Lot Dimensions are 17 x 110

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,584 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640703721552001

Community Details

Overview

  • 3 Units
  • Old Frgrnds Historic Subdivision

Building Details

  • Electric Expense $480
  • Insurance Expense $1,447
  • Maintenance Expense $3,000
  • Trash Expense $1,245
  • Water Sewer Expense $1,440
  • Operating Expense $10,612
  • Gross Income $42,060
  • Net Operating Income $30,245

Security

  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,200

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: 67800.00
  • Stories: 3.0
  • 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

  • Features: Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2584

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 480
  • Insurance: 1447
  • Trash Removal: 1245
  • Water Sewer: 1440

Condo/Co-op/Association

  • Lawn Snow Removal: 500
  • Maintenance Repair: 3000

Fee Information

  • Operating Expense: 10612

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.044
  • Lot Dimensions: 17 x 110
  • Lot Sq Ft: 1925
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640703721552001
  • County Taxes: 256.28
  • Municipal Taxes: 408.77
  • Total Taxes: 2200.26

Multi Family

  • School Taxes: 1535.21
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

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
06/27/2024 06/27/24 Sold $385,000 +4.1% $149 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $369,900 -- $143 / 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: 735797

Greater Lehigh Valley REALTORS®

APN: 640703721552-1