$250,000
SOLD APR 19, 2022
6 Beds
3 Baths
2,562 Sq Ft
2,204 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

9% Below List Price

66 Days on Market

About This Home

As of April 2022

Hello investors! Welcome to this converted 3-unit apartment located in the heart of the City of Allentown. Property is bringing in $2500/month in rent with room for more. Each unit features 2 true bedrooms (no walk-throughs), 1 full bath, and backyard balcony/porch areas. In the basement you will also find that each unit has their own electric panel and hot water heater. Rear of building provides off-street parking for up to 2 vehicles. Add this property to your investment portfolio and/or make it an owner-occupied property! Buyer will be responsible for obtaining the Certificate of Occupancy.

Last Agent to Sell the Property

Anis Atiyeh

IronValley RE of Lehigh Valley Listed on: 12/13/2021

IronValley RE of Lehigh Valley

Last Buyer's Agent

Paula Antario

Twin Rivers Real Estate LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1865

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,562 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Balcony
  • 2,204 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549791850631001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,173
  • Trash Expense $1,125
  • Water Sewer Expense $290
  • Operating Expense $5,935
  • Gross Income $30,000
  • Net Operating Income $24,016

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,395

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Row/Townhouse
  • County Assessment: 76500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1865
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 2562

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 2173
  • Trash Removal: 1125
  • Water Sewer: 290

Fee Information

  • Operating Expense: 5935

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.051
  • Lot Sq Ft: 2204
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549791850631001
  • County Taxes: 289.17
  • Municipal Taxes: 460.88
  • Total Taxes: 2395.08

Multi Family

  • School Taxes: 1645.03
  • Total Units: 3
  • Total Unit Count: 3

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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
04/19/2022 04/19/22 Sold $250,000 0.0% $98 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
12/23/2021 12/23/21 Off Market $250,000 -- --
12/13/2021 12/13/21 For Sale $275,000 +450.0% $107 / Sq Ft
05/31/2013 05/31/13 Sold $50,000 0.0% $20 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $50,000 -- $20 / 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: 684033

Greater Lehigh Valley REALTORS®

APN: 549791850631-1