NOT LISTED FOR SALE
4 Beds
2 Baths
2,360 Sq Ft
1,481 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $335,000 $142 Per Sq Ft

8 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of February 2024

Welcome to an exceptional well-maintained multi-unit property that represents a savvy investor's dream, boasting multiple units, each showcasing meticulous updates. The highlight of this investment gem lies in its renovated kitchens, bathrooms, and flooring. Every unit has been thoughtfully designed with modern finishes, offering a blend of style, functionality, and durability. These updates not only enhance the aesthetic appeal but also cater to the practical needs of tenants, ensuring their comfort and satisfaction. Currently tenant-occupied, this property presents an excellent turnkey solution for income generation of $34k+ yearly, promising a lucrative investment proposition. The washer and dryer is shared between the units and coin-operated for extra revenue. Situated in a sought-after area, convenience is key for tenants. Proximity to major highway I-78 for easy commute to NY and NJ, Overlook Park, Coca Cola Park Mosser Elem and Louis E Dieruff HS further adds to the allure of this investment. The property's strategic location and updated features ensure consistent demand and occupancy. Whether you're expanding your investment portfolio or starting a new venture in real estate, this property offers a prime opportunity. Schedule a viewing to witness firsthand the quality upgrades, the attractiveness of the units, and the potential for sustained returns on your investment. Don't miss the chance to make this promising property a cornerstone of your investment strategy!

Last Agent to Sell the Property

Shabana Pathan

Keller Williams Northampton Listed on: 01/04/2024

Keller Williams Northampton

Co-Listed By

Saman Chaudhry

Keller Williams Northampton

Keller Williams Northampton

Last Buyer's Agent

Saman Chaudhry

Keller Williams Northampton

Keller Williams Northampton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1870

Lot Details

  • 1,481

Parking

  • Paved Parking

Home Design

  • Semi-Detached or Twin Home
  • Converted Dwelling
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,360 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Balcony
  • 1,481 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 640745236455001

Community Details

Building Details

  • Operating Expense $2,581
  • Gross Income $34,200
  • Net Operating Income $31,619

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,581

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Semi Detached/Twin
  • Technology: Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 81000.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1870
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Balcony, Wall-to-Wall Carpet
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2360

Exterior Features

  • Construction: Frame, Vinyl

Garage/Parking

  • Parking: Paved Lot

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 2581

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.034
  • Lot Sq Ft: 1481
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640745236455001
  • County Taxes: 306.18
  • Municipal Taxes: 440.84
  • Total Taxes: 2581.12

Multi Family

  • School Taxes: 1834.10
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
02/15/2024 02/15/24 Sold $335,000 -4.3% $142 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $349,900 +22.8% $148 / Sq Ft
09/28/2020 09/28/20 Sold $285,000 -5.0% $110 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $299,999 -- $115 / 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: 729720

Greater Lehigh Valley REALTORS®

APN: 640745236455-1