621 N Sherman St Allentown, PA 18109

Listing Details

• Property Type: Multi-Family
• Property Sub Type: Duplex
• Structure Type: Twin/Semi-Detached
• Ownership: Fee Simple
• New Construction: No
• Expected On Market: 2024-08-30
• Year Built: 1905
• Automatically Close On Close Date: No
• Remarks Public: This 2-unit investment property is in a highly sought-after prime location. Taxes under $3400! This property is a cash cow and has so much potential for additional income. Laundry room with separate entrance, huge backyard with plenty of space for off street parking, fully finished basement with a full bath and separate entrance. Apartment 2 is a 2-bedroom apartment that was renovated in 2022 and is currently rented for $1,430 a month with room for increase. Apartment 1 is a 2-bedroom, fully renovated (2024) and comes with a fully finished basement with a full bath, huge living room and 2 additional rooms. The basement could be accessed through the first-floor apartment or through its own separate entrance. Large, covered rear patio and large flat backyard. Off street parking in the back and there is a separate laundry room in the rear of the house with its own separate entrance. Projected rent for the first-floor apartment is $1,900. Apartment 1 has been left vacant for a potential owner occupied but could rent out immediately. If you’re looking for an investment property, this one is a no-brainer…. If you’re looking to live in one unit and rent out the other…. also, a no-brainer as the first-floor apartment has so much to offer with so much space, 2 full baths, one on the first floor and another in the fully finished basement. Don’t miss out on this one! Apt. 2 photos taken in 2022 before current tenant moved in. Showings start 8/31. One of the owners is a licensed Realtor.
• Special Features: None

Interior Features

• Fireplace: No
• Foundation Details: Concrete Perimeter
• Total Sq Ft: 2148
• Living Area Sq Ft: 2148
• Price Per Sq Ft: 187.67
• Above Grade Finished Sq Ft: 1598
• Below Grade Finished Sq Ft: 550
• Total Below Grade Sq Ft: 550
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 621

Exterior Features

• Other Structures: Above Grade, Below Grade
• Construction Materials: Vinyl Siding, Aluminum Siding
• Water Access: No
• Waterfront: No
• Water Oriented: No
• Pool: No Pool
• Tidal Water: No
• Water View: No

Garage/Parking

• Garage: No
• Total Garage And Parking Spaces: 4
• Type Of Parking: Off Street, On Street
• Off Street Parking Spaces: 4

Utilities

• Central Air Conditioning: No
• Heating Fuel: Electric
• Heating Type: Baseboard - Electric
• Heating: Yes
• Hot Water: Electric
• Sewer/Septic System: No Septic System
• Water Source: Public

Condo/Co-op/Association

• Association Recreation Fee: No

Schools

• School District: ALLENTOWN
• School District Key: 300200397387
• School District Source: Listing Agent

Lot Info

• Land Use Code: 1140
• Lot Size Acres: 0.11
• Lot Dimensions: 30.00 x 160.00
• Lot Size Units: Square Feet
• Lot Sq Ft: 4800.00
• Year Assessed: 2023
• Zoning: R-MH

Rental Info

• Ground Rent Exists: No
• Units Leased Count: 1
• Vacation Rental: No

Tax Info

• School Tax: 2253.00
• Tax Annual Amount: 3372.00
• Assessor Parcel Number: 641737401542-00001
• Tax Lot: 22
• Tax Total Finished Sq Ft: 1598
• County Tax Payment Frequency: Annually
• Tax Year: 2022
• Close Date: 09/30/2024

MLS Schools

• School District Name: ALLENTOWN