NOT LISTED FOR SALE
4 Beds
3 Baths
2,100 Sq Ft
1,921 Sq Ft Lot

Last Sold February 01, 2021

Last sale price $240,000 $114 Per Sq Ft

28 Days on Market

About This Home

As of February 2021

COVID PROOF w/ consistent rents. $28,800 GROSS - $24,336 NET INCOME 9.7% CAP RATE @ ASKING. Cash flowing, 3 UNIT MULTI-family which comes w/ additional garage income & is easily rentable. Value add in w/ raising to market rents. RECENT UPGRADES: Serviced heating unit, new gas valve, thermal coupler, & flame bars installed in the 1st-floor unit. Serviced all 3 separated, GAS, boilers, updated radiators near the entrance & in the 1st-floor bathroom, painted front porch, & installed new carpet on the 1st-floor unit. Installed a new water heater on the 1st floor. 2020 UPDATES: installed new carpet for the 2nd-floor unit, silver-coated the roof, new toilet for the 3rd-floor unit, repainted the entire 3rd-floor unit, installed a new toilet for the 2nd-floor unit. This property is offered individually or can be purchased along w/ the other 9 units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.

Last Agent to Sell the Property

Tejas Gosai

EXP Realty LLC Listed on: 11/18/2020

EXP Realty LLC

Co-Listed By

james reardon

EXP Realty LLC

Last Buyer's Agent

Kelly Smith

Krieger Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1902

Lot Details

  • 1,921 Sq Ft Lot
  • Property is zoned R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Garage
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549794946985001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

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, Detached, Row/Townhouse
  • County Assessment: 78400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • Year Built: 1902
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2100

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Off Site
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Insurance: 850
  • Water Sewer: 900

Fee Information

  • Operating Expense: 4464

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.044
  • Lot Sq Ft: 1921
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549794946985001
  • County Taxes: 296.35
  • Municipal Taxes: 455.97
  • Total Taxes: 2414.06

Multi Family

  • School Taxes: 1661.76
  • Total Units: 3
  • Total Unit Count: 4

Range of Values:

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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
02/01/2021 02/01/21 Sold $240,000 -4.0% $114 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $250,000 -- $119 / 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: 654109

Greater Lehigh Valley REALTORS®

APN: 549794946985-1