NOT LISTED FOR SALE
4 Beds
3 Baths
2,076 Sq Ft
1,398 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $360,000 $173 Per Sq Ft

4 Days on Market

About This Home

As of April 2024

ATTENTION INVESTORS! This FULLY OCCUPIED and WELL MAINTAINED THREE UNIT Investment property presenting an 8 to 9% CAP Rate! All units have been updated with luxury vinyl floors, fresh paint, updated kitchens and baths. Low taxes and low maintenance with electric baseboard heat in all units separately metered. Rear parking pad for some off street parking is a bonus for the tenants.

Last Listed By

Kristine McCreary-Williams

Full CircleRealty&PropertyMgmt Listed on: 03/22/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1900

Lot Details

  • 1,398 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,076 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549793978187001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,100
  • Manager Expense $2,930
  • Water Sewer Expense $1,440
  • Operating Expense $7,831
  • Gross Income $36,720
  • Net Operating Income $28,889

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,001

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 62100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2076

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Insurance: 1100
  • Water Sewer: 1440

Condo/Co-op/Association

  • Management: 2930

Fee Information

  • Operating Expense: 7831

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.032
  • Lot Sq Ft: 1398
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549793978187001
  • Total Taxes: 2001.38

Multi Family

  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

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
04/24/2024 04/24/24 Sold $360,000 +9.1% $173 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $330,000 0.0% $159 / Sq Ft
10/05/2021 10/05/21 Rented $1,400 0.0% --
09/17/2021 09/17/21 For Rent $1,400 +51.4% --
08/03/2021 08/03/21 Rented $925 -1.1% --
07/12/2021 07/12/21 For Rent $935 -- --
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: 734675

Greater Lehigh Valley REALTORS®

APN: 549793978187-1