NOT LISTED FOR SALE
4 Beds
2 Baths
2,948 Sq Ft
2,318 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $90,000 $31 Per Sq Ft

268 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • 4-minute walk to Stevens Park
  • Ceiling Fan
  • Garage

About This Home

As of September 2015

Very Clean 2 Unit with a possible 3rd detached unit investment property in Allentown ~ Very nice - Clean and stable property ~ and the building offers a 13 % Cap rate when fully rented in 2 of the units ~ Also ideal for owner occupant opportunity ~ Live in one unit and lease the other unit out for a very economical living situation ~ Owner has maintained the building very nicely ~ This is a great property and a nice opportunity ~ Financial Example Estimate for owner occupant FHA purchase ~ Total Monthly payment with all expenses and PITI = $ 800 (+/-) ~ Rent upper unit for $ 850 ~ Live in other unit for free. The numbers are solid ~

Last Agent to Sell the Property

Eric Rothenberger

Better Homes&Gardens RE Valley Listed on: 11/18/2014

Better Homes&Gardens RE Valley

Last Buyer's Agent

Jocelyn Iglesia

United RealEstate Strive212 LV License #RS300287

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 2,318 Sq Ft Lot
  • Lot Dimensions are 18x120

Parking

  • Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,948 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Prewired Security
  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640704077229001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $140
  • Insurance Expense $450
  • Maintenance Expense $840
  • Trash Expense $625
  • Water Sewer Expense $550
  • Operating Expense $4,896
  • Gross Income $17,400
  • Net Operating Income $12,504

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Security Wired, Smoke Detector Wired
  • County Assessment: 92299.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Supplement Modification Ti: 2014-11-20
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2948

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Ceiling Fan, Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 140
  • Insurance: 450
  • Trash Removal: 625
  • Water Sewer: 550

Condo/Co-op/Association

  • Maintenance Repair: 840

Fee Information

  • Operating Expense: 4896

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.053
  • Lot Dimensions: 18x120
  • Lot Sq Ft: 2318
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 640704077229001
  • County Taxes: 349.44
  • Municipal Taxes: 414.86
  • Total Taxes: 2291.14

Multi Family

  • School Taxes: 1526.83
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Range of Values:

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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
09/18/2015 09/18/15 Sold $90,000 -5.2% $31 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $94,900 -- $32 / 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: 485198

Greater Lehigh Valley REALTORS®

APN: 640704077229-1