$195,000
SOLD DEC 20, 2022
3 Beds
2 Baths
1,354 Sq Ft
1,799 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

8% Above List Price

5 Days on Market

About This Home

As of May 2023

**Multiple Offers Received! Highest and Best Offers Due Sun, 10/16 @ 8PM** Don't miss out on this solid 2 unit investment property in Allentown. Perfect opportunity to live in one unit and rent out the other or to add a well maintained multi unit property to your portfolio! The 1st floor efficiency unit features 1BR/1BA with a fenced in yard. This unit is currently vacant and was rented for close to 10 years to a long term tenant that purchased their first home. Can be rented right away for $800-$850/month or you can do some cosmetic updates (flooring, paint, countertops, cabinets) and easily get $1000/month. Lots of value add! 2nd floor unit is currently rented for $1125/month and many updates have been made to this unit by the owner (kitchen, bathroom, flooring, paint, etc). Off street parking in the rear for up to 2 cars! Close to restaurants, schools, hospitals, and shopping. Tenants pay electric and landlord pays heat for both units and W/S/T.

Last Agent to Sell the Property

Austin Brown

Realty One Group Supreme Listed on: 10/12/2022

Realty One Group Supreme

Last Buyer's Agent

Austin Brown

Realty One Group Supreme Listed on: 10/12/2022

Realty One Group Supreme

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1916

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Unpaved Parking
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil

Additional Features

  • Patio
  • 1,799 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549772031735001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $400
  • Insurance Expense $1,000
  • Maintenance Expense $765
  • Water Sewer Expense $1,080
  • Operating Expense $5,545
  • Gross Income $25,500
  • Net Operating Income $19,955

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,345

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 72000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Features: Patio, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1354

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Carport, Paved Lot, Unpaved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 400
  • Heat: 2000
  • Insurance: 1000
  • Water Sewer: 1080

Condo/Co-op/Association

  • Lawn Snow Removal: 300
  • Maintenance Repair: 765

Fee Information

  • Operating Expense: 5545

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Sq Ft: 1799
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549772031735001
  • County Taxes: 272.00
  • Municipal Taxes: 443.00
  • Total Taxes: 2345.00

Multi Family

  • School Taxes: 1630.00
  • 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
05/19/2023 05/19/23 Sold $235,000 0.0% $174 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $235,000 +20.5% $174 / Sq Ft
12/20/2022 12/20/22 Sold $195,000 +8.3% $144 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $180,000 +80.0% $133 / Sq Ft
05/31/2019 05/31/19 Sold $100,000 -9.1% $74 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $110,000 +10.0% $81 / Sq Ft
11/01/2018 11/01/18 Off Market $100,000 -- --
10/29/2018 10/29/18 For Sale $110,000 -- $81 / 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: 702874

Greater Lehigh Valley REALTORS®

APN: 549772031735-1