NOT LISTED FOR SALE

628 S Fawn St Allentown, PA 18103

Southside Neighborhood
12 Beds
12 Baths
8,004 Sq Ft
0.42 Acres

Last Sold January 11, 2024

Last sale price $1,410,000 $176 Per Sq Ft

12 Days on Market

Highlights

  • 0.42 Acre Lot
  • Baseboard Heating
  • Laundry Facilities
  • Video Cameras

About This Home

As of January 2024

Welcome to a fantastic investment opportunity in Allentown, PA! This 12-unit stand-alone apartment building is an ideal addition to your real estate portfolio. Located in a charming all-brick structure within a desirable residential neighborhood, this property offers both convenience and comfort. With restaurants, grocery stores, auto mechanics, gas stations, convenience stores, and recreational parks just a stone's throw away, tenants will love the neighborhood's amenities.

Inside, the building features on-site laundry facilities and has undergone recent apartment renovations.
Most of the apartments have been upgraded with new flooring, countertops, and paint, ensuring tenant satisfaction and increased rental value. The property has a strong track record of generating excellent rental income, making it an outstanding investment opportunity.

Exterior has nice grass areas and ample on and off street parking.

Don't miss your chance to own this income-generating gem in Allentown, PA. Act now to make this 12-unit apartment building your next successful venture. Contact us today for more details and to schedule a viewing!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 11/09/2023

Last Buyer's Agent

Roy Sjolund

BHHS Fox & Roach Bethlehem

BHHS Fox & Roach Bethlehem

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,446

Year Built

  • Built in 1985

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 87x130

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,004 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640658455190001

Community Details

Building Details

  • Electric Expense $2,100
  • Insurance Expense $1,970
  • Maintenance Expense $6,152
  • Manager Expense $10,766
  • Other Expense $400
  • Trash Expense $4,440
  • Water Sewer Expense $1,983
  • Operating Expense $56,557
  • Gross Income $153,804
  • Net Operating Income $97,246

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,446

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Security Cameras, Smk Detector Battery
  • County Assessment: 585300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1985
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Central Laundry
  • Bathrooms: Modern
  • Bathrooms: 12
  • Full Bathrooms: 12
  • Bedrooms: 12
  • Square Footage: 8004

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 12

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 2100
  • Insurance: 1970
  • Trash Removal: 4440
  • Water Sewer: 1983

Condo/Co-op/Association

  • Lawn Snow Removal: 1611
  • Maintenance Repair: 6152
  • Management: 10766

Fee Information

  • Operating Expense: 56557

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.416
  • Lot Dimensions: 87X130
  • Lot Sq Ft: 18121
  • Zoning Code: R-M-MEDIUM DENSITY RESIDENTIAL

Rental Info

  • Other Expenses: 400

Tax Info

  • Assessor Parcel Number: 640658455190001
  • County Taxes: 2212.43
  • Municipal Taxes: 3980.33
  • Total Taxes: 19445.82

Multi Family

  • School Taxes: 13253.06
  • Total Units: 12
  • Total Unit Count: 12

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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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
01/11/2024 01/11/24 Sold $1,410,000 -5.7% $176 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $1,495,000 -- $187 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2024

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    23 in this area

    422 Total Sales

    Jennifer de Jesus
    Section Image

  • R

    Buyer's Agent in 2024

    Roy Sjolund

    BHHS Fox & Roach

    (610) 597-9335

    2 in this area

    41 Total Sales

    Roy Sjolund
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 726582

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18103 Southside

628 S Fawn St, Allentown, PA

This home is located at 628 S Fawn St, Allentown, PA 18103 since 09 November 2023. This property was built in 1985. 628 S Fawn St is a home located in Lehigh County with nearby schools including Roosevelt Elementary School, South Mountain 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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