NOT LISTED FOR SALE

612614 Walnut St Allentown, PA 18101

Center City Neighborhood
-- Bed
-- Bath
4,666 Sq Ft
6,064 Sq Ft Lot

Last Sold November 24, 2021

Last sale price $431,500 $92 Per Sq Ft

7 Days on Market

Highlights

  • 0.14 Acre Lot
  • Brick or Stone Veneer
  • Heating Available

About This Home

As of November 2021

Welcome to 612 & 614 W Walnut St, a 5-Unit Investment property you'd be financially savvy to add to your portfolio. This is located in the desirable section area of Walnut down the street from the new City Center project, Walnut View. Properties are currently running at a 7.8% CAP rate with room to improve. Turn key w/ 80% long term tenants. Owner wants to sell both properties combined in the transaction. Schedule your showing today.

Last Agent to Sell the Property

Jeffrey Adams

RE/MAX Real Estate License #AB068781 Listed on: 09/16/2021

Last Buyer's Agent

Janice Benner

RE/MAX Real Estate

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 1900

Lot Details

  • 6,064 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick or Stone Veneer
  • Vinyl Construction Material

Interior Spaces

  • 4,666 Sq Ft Home
  • 3-Story Property

Home Security

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640619699614 001 640619696563 001

Community Details

Building Details

  • Insurance Expense $1,750
  • Trash Expense $1,966
  • Water Sewer Expense $2,500
  • Operating Expense $11,486
  • Gross Income $48,300
  • Net Operating Income $35,064

Additional Features

  • 5 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,341

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 223100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Square Footage: 4666

Exterior Features

  • Construction: Brickote, Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1750
  • Trash Removal: 1966
  • Water Sewer: 2500

Fee Information

  • Operating Expense: 11486

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.139
  • Lot Sq Ft: 6064
  • Zoning Code: B2-Central Business

Tax Info

  • Assessor Parcel Number: 640619699614 001 640619696563 001
  • County Taxes: 840.01
  • Municipal Taxes: 703.43
  • Total Taxes: 6340.90

Multi Family

  • School Taxes: 4797.46
  • Total Units: 5
  • Total Unit Count: 5

Range of Values:

Collateral Analytics

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ICE

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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
11/24/2021 11/24/21 Sold $431,500 -4.1% $92 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $450,000 -- $96 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Adams

    Seller's Agent in 2021

    Jeffrey Adams

    RE/MAX

    (610) 972-5323

    15 in this area

    123 Total Sales

    Section Image
  • Janice Benner

    Buyer's Agent in 2021

    Janice Benner

    RE/MAX

    (610) 393-9877

    6 in this area

    122 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 679049

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18101 Center City

612614 Walnut St, Allentown, PA

This home is located at 612614 Walnut St, Allentown, PA 18101 since 16 September 2021. This property was built in 1900. 612614 Walnut St is a home located in Lehigh County with nearby schools including Roosevelt Elementary School, South Mountain Middle School, and William Allen 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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