NOT LISTED FOR SALE

611 N Front St Allentown, PA 18102

6th Ward Neighborhood
6 Beds
3 Baths
2,354 Sq Ft
2,614 Sq Ft Lot

Last Sold January 20, 2016

Last sale price $124,900 $53 Per Sq Ft

106 Days on Market

About This Home

As of January 2016

Multiple Offers, Highest & Best Due 12/3/15 by 12 noon. TURN KEY 3 Unit MONEY MAKER! Fully occupied, already renovated, easy to run & rent. All modern 2 BR units. No Maintenance Building. $21,000 Gross Income, $16,194 before debt service. Study the numbers to see a 40% CASH on CASH return with 20% down, CAP Rate over 13. LOW TAXES of just $1763. Nearby Allentown's Waterfront Redevelopment (Upscale Apartments, Offices, Retail & Restaurants) will keep this area appreciating in value and desirability. Phase One of that project has just begun. New Bridge about to open nearby. This is the location to be at! OPERATING DETAILS: All electric, (tenants love one bill, owner loves no expenses & ease of rarely needed, low cost repairs...cheaper than furnace maintenance) Off Street parking for 4 cars, Metal Fire Escape, 4 electric meters (one for each unit , one for owners/common electric). LONG Term owner retiring, take over this high cash flow biz set up by a successful pro.

Last Agent to Sell the Property

Gary Elbert

Bellman & Radcliff Listed on: 08/19/2015

Co-Listed By

Evelyn Martinez

Bellman & Radcliff

Last Buyer's Agent

Gary Elbert

Bellman & Radcliff Listed on: 08/19/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1855

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,354 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640745322601001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $212
  • Insurance Expense $685
  • Trash Expense $1,125
  • Water Sewer Expense $1,021
  • Operating Expense $4,806
  • Gross Income $22,200
  • Net Operating Income $17,394

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,763

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 65300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1855
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 2354

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 212
  • Insurance: 685
  • Trash Removal: 1125
  • Water Sewer: 1021

Fee Information

  • Operating Expense: 4806

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 640745322601001
  • Total Taxes: 1763.00

Multi Family

  • 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
01/20/2016 01/20/16 Sold $124,900 -10.7% $53 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $139,900 -- $59 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Elbert

    Bellman & Radcliff

    (610) 393-1801

    1 in this area

    121 Total Sales

    Gary Elbert
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Evelyn Martinez

    Bellman & Radcliff

    (484) 951-5846

    77 Total Sales

    Evelyn Martinez
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 502903

Greater Lehigh Valley REALTORS®

APN: 640745322601-1

Pennsylvania Lehigh County Allentown 18102 6th Ward

611 N Front St, Allentown, PA

This home is located at 611 N Front St, Allentown, PA 18102 since 19 August 2015. This property was built in 1855. 611 N Front St is a home located in Lehigh County with nearby schools including Sheridan Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff 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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