NOT LISTED FOR SALE
7 Beds
2 Baths
1,872 Sq Ft
2,200 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $360,000 $192 Per Sq Ft

76 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Historic Home
  • More Than Two Accessible Exits
  • Electric Baseboard Heater

About This Home

As of May 2022

ATTENTION INVESTORS - CHECK OUT THIS GREAT 4-UNIT on a quiet street near vibrant downtown Allentown. There are two well-maintained, large units in the front of the property, and two more converted units in the back with room to expand and opportunity to raise rents and create even more cashflow. Priced at just under a 10 CAP! This is one you don't want to miss. These two 2-unit buildings are on ONE DEED and are fully occupied, tenants pay their own heat. Some units have new flooring and paint. This property is close to downtown shopping, restaurants and close to major highways.

Last Agent to Sell the Property

Lenore Mohr

Keller Williams Real Estate - Bethlehem License #RS344168 Listed on: 02/23/2022

Keller Williams Real Estate - Bethlehem

Last Buyer's Agent

Brandon Ribeiro

Keller Williams Liberty Place

Keller Williams Liberty Place

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1890

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 110.00
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Central Elementary School
  • Francis D Raub Middle School
  • William Allen High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 026
  • Assessor Parcel Number 549791870575-00001

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Net Operating Income $37,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: Yes
  • Remarks Public: ATTENTION INVESTORS - CHECK OUT THIS GREAT 4-UNIT on a quiet street near vibrant downtown Allentown. There are two well-maintained, large units in the front of the property, and two more converted units in the back with room to expand and opportunity to raise rents and create even more cashflow. Priced at just under a 10 CAP! This is one you don't want to miss. These two 2-unit buildings are on ONE DEED and are fully occupied, tenants pay their own heat. Some units have new flooring and paint. This property is close to downtown shopping, restaurants and close to major highways.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 200.27
  • Above Grade Finished Sq Ft: 1872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 807

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: ALLENTOWN
  • Elementary School: CENTRAL
  • Middle School: FRANCIS D RAUB
  • High School: WILLIAM ALLEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397387
  • School District Source: Listing Agent
  • Elementary School: CENTRAL
  • High School: WILLIAM ALLEN
  • Middle Or Junior School: FRANCIS D RAUB

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 90900.00
  • Land Assessed Value: 6300.00
  • Land Use Code: 1108
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Year Assessed: 2022
  • Zoning: R-MH

Rental Info

  • Existing Lease Type: Month To Month, Gross
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water
  • Total Actual Rent: 43320.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3914662
  • School Tax: 2090.00
  • Tax Annual Amount: 3011.00
  • Assessor Parcel Number: 549791870575-00001
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 1872
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/24/2022

Multi Family

  • Gross Income: 43320.00

MLS Schools

  • School District Name: ALLENTOWN

Range of Values:

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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
05/24/2022 05/24/22 Sold $360,000 -4.0% $192 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $374,900 0.0% $200 / Sq Ft
05/09/2022 05/09/22 For Sale $374,900 0.0% $200 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $374,900 -- $200 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALH2002196

Bright MLS

APN: 549791870575-1