NOT LISTED FOR SALE

744 N 5th St Allentown, PA 18102

Center City Neighborhood
5 Beds
3 Baths
2,205 Sq Ft
1,799 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $150,000 $68 Per Sq Ft

29 Days on Market

About This Home

As of December 2020

***Multiple Offers Received-Highest and Best by 11/10/2020 at Noon***10% CAP RATE on this fully occupied 3 unit corner building with a yard and oversized 1 car garage.
Tenants are on a yearly lease with security deposits. Garage is currently being used by the owner, but could easily rent for an extra $100.00 per month.
1st floor is a 2 bedroom with the tenant paying $750.00
2nd floor is a 2 bedroom with the tenant paying $650.00
3rd floor is an efficiency with the tenant paying $400.00
Owner pays for gas heat. Owner related expenses are listed below...
Being Sold As-Is. Pre-Sale inspection is attached

Last Agent to Sell the Property

Mario Castanhas

IronValley RE of Lehigh Valley License #RS214417L Listed on: 10/15/2020

IronValley RE of Lehigh Valley

Last Buyer's Agent

Andrew Ginsburg

BHHS Regency Real Estate

BHHS Regency Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,799 Sq Ft Lot
  • Lot Dimensions are 15x120

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco Exterior
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 2,205 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 640704469633001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $380
  • Insurance Expense $464
  • Trash Expense $1,125
  • Water Sewer Expense $638
  • Operating Expense $6,950
  • Gross Income $21,600
  • Net Operating Income $14,650

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • County Assessment: 75100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2205

Exterior Features

  • Construction: Aluminum, Brick, Frame, Stone, Stucco, Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 380
  • Heat: 2033
  • Insurance: 464
  • Trash Removal: 1125
  • Water Sewer: 638

Fee Information

  • Operating Expense: 6950

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Dimensions: 15X120
  • Lot Sq Ft: 1799
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640704469633001

Multi Family

  • Total Units: 3
  • Total Unit Count: 3

Range of Values:

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Average Value
Not Available
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
12/11/2020 12/11/20 Sold $150,000 0.0% $68 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $150,000 0.0% $68 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $150,000 -- $68 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Castanhas

    Seller's Agent in 2020

    Mario Castanhas

    IronValley RE of Lehigh Valley

    4 in this area

    62 Total Sales

    Mario Castanhas
    Section Image
  • Andrew Ginsburg

    Buyer's Agent in 2020

    Andrew Ginsburg

    BHHS Regency Real Estate

    (610) 349-6644

    53 in this area

    260 Total Sales

    Andrew Ginsburg
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 651609

Greater Lehigh Valley REALTORS®

APN: 640704469633-1

Pennsylvania Lehigh County Allentown 18102 Center City

744 N 5th St, Allentown, PA

This home is located at 744 N 5th St, Allentown, PA 18102 since 15 October 2020. This property was built in 1900. 744 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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