NOT LISTED FOR SALE

602 N 8th St Allentown, PA 18102

Center City Neighborhood
2 Beds
1 Bath
2,600 Sq Ft
1,307 Sq Ft Lot

Last Sold June 17, 2020

Last sale price $165,000 $63 Per Sq Ft

2 Days on Market

Highlights

  • Storm Windows
  • Baseboard Heating
  • Historic Home

About This Home

As of June 2020

EXTREMELY WELL MAINTAINED and RENOVATED/UPDATED 3 UNIT Bldg. 9.25% cap rate!! Solid all brick bldg. Solid interior walls, well-built structure all around.
Income-producing property!! Also could LIVE MORTGAGE FREE... rent out 2 units/live in one!! Triple-pane, solid windows throughout each apartment. Lots of light in each and spacious rooms. New motor for the heating unit, annually maintained, roof resurfaced. Several years ago, in great condition. Tenants each pay own gas hot water and stoves. Newer gas hot water heaters. New kitchen floor and gas stove, brand new. New flooring throughout 2nd floor apt. Initial error typo with inputting listing price, was not intentional. The list price on the listing sheet, signed by seller is $172,500. Corrected right away.
Rent for 1st floor could easily be $950 per mo. 1st flr unit also has use of basement, washer and drier, through their apartment. Good tenants, long term owner of the building. Retiring.

Last Agent to Sell the Property

Lynda Moyer

HowardHanna TheFrederickGroup Listed on: 05/04/2020

HowardHanna TheFrederickGroup

Last Buyer's Agent

Michael Moussa

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1900

Lot Details

  • 1,307

Home Design

  • 2,600 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Historic Home

Listing and Financial Details

  • Assessor Parcel Number 549793218994 001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $678
  • Maintenance Expense $4,311
  • Water Sewer Expense $2,535
  • Operating Expense $12,900
  • Gross Income $29,400
  • Net Operating Income $16,500

Security

  • Storm Windows
  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,311

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, Row-End Unit
  • Technology: Cable, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 79400.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Historic, Storm Windows, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 2600

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air, Wall AC
  • Heat Type: Baseboard, Oil
  • Sewer: Public
  • Water: Public
  • Heat: 2727
  • Insurance: 678
  • Water Sewer: 2535

Condo/Co-op/Association

  • Maintenance Repair: 4311

Fee Information

  • Operating Expense: 12900

Lot Info

  • Zoning Code: Res cov 3 unit

Tax Info

  • Assessor Parcel Number: 549793218994 001
  • County Taxes: 289.02
  • Municipal Taxes: 427.99
  • Total Taxes: 2310.92

Multi Family

  • School Taxes: 1593.91
  • Total Units: 3
  • Total Unit Count: 3

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
06/17/2020 06/17/20 Sold $165,000 -4.3% $63 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $172,500 +6.2% $66 / Sq Ft
05/04/2020 05/04/20 For Sale $162,500 +170.8% $63 / Sq Ft
09/22/2014 09/22/14 Sold $60,000 -14.2% $36 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $69,900 -- $42 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lynda Moyer

    HowardHanna TheFrederickGroup

    Section Image

  • M

    Buyer's Agent in 2020

    Michael Moussa

    IronValley RE of Lehigh Valley

    (484) 375-5754

    6 Total Sales

    Michael Moussa
    Section Image

  • D

    Seller's Agent in 2014

    Deb Fusco

    IronValley RE of Lehigh Valley

    (484) 515-9628

    24 Total Sales

    Deb Fusco
    Section Image
  • Marlene Davila

    Buyer's Agent in 2014

    Marlene Davila

    Century 21 Ramos Realty

    (484) 201-7133

    7 in this area

    35 Total Sales

    Marlene Davila
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 635996

Greater Lehigh Valley REALTORS®

APN: 549793218994-1

Pennsylvania Lehigh County Allentown 18102 Center City

602 N 8th St, Allentown, PA

Not Listed for Sale

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