NOT LISTED FOR SALE

729 N 5th St Allentown, PA 18102

Center City Neighborhood
4 Beds
2 Baths
2,065 Sq Ft
1,577 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $190,000 $92 Per Sq Ft

4 Days on Market

About This Home

As of May 2022

Terrific Investment Opportunity!!!!!! This large 2-unit tenant occupied apartment building has nearly a 10% projected cap rate at market rents. All apartments have been renovated and are updated. Tenants pay all utilities except water, sewer and trash. This investment property is a great opportunity for both the beginner as well as an experienced savvy investor. This is a definite MUST See!!!!!

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters Listed on: 03/27/2022

Last Buyer's Agent

Geoff Gunn

Realty Outfitters Listed on: 03/27/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1902

Lot Details

  • 1,577 Sq Ft Lot
  • Lot Dimensions are 15 x 105

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,065 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640704669249 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $946
  • Trash Expense $750
  • Water Sewer Expense $900
  • Operating Expense $4,972
  • Gross Income $22,800
  • Net Operating Income $17,828

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,226

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 71900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2065

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 946
  • Trash Removal: 750
  • Water Sewer: 900

Fee Information

  • Operating Expense: 4972

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.036
  • Lot Dimensions: 15 X 105
  • Lot Sq Ft: 1577
  • Zoning Code: RMH

Tax Info

  • Assessor Parcel Number: 640704669249 001
  • County Taxes: 271.78
  • Municipal Taxes: 407.94
  • Total Taxes: 2225.83
  • Taxes: 2226

Multi Family

  • School Taxes: 1546.11
  • Total Units: 2
  • Total Unit Count: 2

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
05/13/2022 05/13/22 Sold $190,000 +0.1% $92 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $189,900 -- $92 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Geoff Gunn

    Realty Outfitters

    (484) 201-5251

    22 in this area

    70 Total Sales

    Geoff Gunn
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 689981

Greater Lehigh Valley REALTORS®

APN: 640704669249-1

Pennsylvania Lehigh County Allentown 18102 Center City

729 N 5th St, Allentown, PA

This home is located at 729 N 5th St, Allentown, PA 18102 since 27 March 2022. This property was built in 1902. 729 N 5th St is a home located in Lehigh County with nearby schools including Sheridan Elementary School, Trexler 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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