$720,000
PENDING

Estimated payment $4,461/month

Total Views 15,111
-- Bed
-- Bath
3,632 Sq Ft
$198 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Historic Home
  • 2-minute walk to Jackson Street Park

About This Home

Excellent investment opportunity with value add. Fully occupied 6 unit building blocks from all new Allentown development: Moxy Hotel, Archer Music Hall, Da Vinci Science Center, PPL Center, and multiple high end City Center apartment complexes. 6 high demand apartments and two parking spots. Tenants pay all utilities except water and trash. Four apartment leases are month to month. With its prime location, there is a great opportunity to upgrade the apartments and raise rents. No mechanicals and efficient footprint make this a low maintenance property.

Listing Agent

Thomas Russotti

One Valley Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1900

Lot Details

  • Historic Home

Parking

  • 2 Parking Spaces

Home Design

  • 3,632 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640609652586 001

Community Details

Overview

  • 6 Units
  • Old Allentn Historic Subdivision

Building Details

  • Electric Expense $500
  • Insurance Expense $3,000
  • Maintenance Expense $3,000
  • Trash Expense $3,690
  • Water Sewer Expense $2,000
  • Operating Expense $18,040
  • Gross Income $62,820
  • Net Operating Income $44,780

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,400

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 170000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Historic
  • Square Footage: 3632

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 500
  • Insurance: 3000
  • Trash Removal: 3690
  • Water Sewer: 2000

Condo/Co-op/Association

  • Maintenance Repair: 3000

Fee Information

  • Operating Expense: 18040

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 640609652586 001
  • County Taxes: 642.60
  • Municipal Taxes: 907.75
  • Total Taxes: 5399.69

Multi Family

  • School Taxes: 3849.34
  • Total Units: 6
  • Total Unit Count: 6

MLS Schools

  • School District: Allentown

Map

Range of Values:

Collateral Analytics

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ICE

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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
04/01/2025 04/01/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $720,000 +188.0% $198 / Sq Ft
10/12/2016 10/12/16 Sold $250,000 -7.4% $625 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $270,000 0.0% $675 / Sq Ft
01/03/2012 01/03/12 Rented $495 0.0% --
01/03/2012 01/03/12 Under Contract -- -- --
11/08/2011 11/08/11 For Rent $495 -- --
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 753649

Greater Lehigh Valley REALTORS®