$320,000

Estimated payment $1,894/month

Total Views 16,201
-- Bed
-- Bath
1,140 Sq Ft
$281 Price per Sq Ft

Highlights

  • Balcony
  • Ceiling Fan
  • 5-minute walk to Stevens Park

About This Home

Great Investment Opportunity in Center city Allentown whether you're a first time investor or a seasoned investor looking to add to your portfolio. This well-maintained, fully occupied investment offers great income with the potential for more. The first floor unit is a 1 bedroom with a finished basement which includes a washer/dryer. The 2nd floor unit is a potential 3 bedroom with a balcony. Tenants pay their own gas heat and electric. Both tenants are month to month and rents are currently below market, potential net earnings of 30K. Property is being sold with a Clear Certificate of Occupancy from City of Allentown!! Please allow 24 hrs before showings

Listing Agent

Kemba George

NZO Realty

Co-Listing Agent

Weston Zelenz

NZO Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1893

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 1,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549793067709001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $850
  • Other Expense $140
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $4,230
  • Gross Income $31,200
  • Net Operating Income $26,970

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,440

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 44500.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1893
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Balcony
  • Square Footage: 1140

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Ceiling Fans, Window ACs
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 850
  • Trash Removal: 600
  • Water Sewer: 1200

Fee Information

  • Operating Expense: 4230

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.023
  • Lot Sq Ft: 1019
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Rental Info

  • Other Expenses: 140

Tax Info

  • Assessor Parcel Number: 549793067709001
  • Total Taxes: 1440.00

Multi Family

  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
10/19/2024 10/19/24 For Sale $320,000 -- $281 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 747219

Greater Lehigh Valley REALTORS®

APN: 549793067709-1