NOT LISTED FOR SALE
5 Beds
2 Baths
2,495 Sq Ft
2,178 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $127,500 $51 Per Sq Ft

6 Days on Market

About This Home

As of May 2018

CASH COW! Turn Key 2 Unit investment property. 9.1 CAP Rate. $21000 Gross Income, $14000 Net Income. Renovated units with Clear Atwn CO. Fully Occupied. Great location, next to charter school and near a large park. Easy to rent and run. 3 BR apt and 2 BR apt. Spacious units, replacement windows, large basement with outside access (perfect for landlord storage), 2 car off street parking, fenced yard. Each apt has an extra bonus room to add tenant appeal. Efficient gas heat. The Savvy operator will easily convert Apt 1 to elec heat to reduce operating costs and boost investment return by over 2000 more! Open Showing Appointment Sunday March 4th 12 - 2PM.

Last Agent to Sell the Property

Gary Elbert

Bellman & Radcliff Listed on: 02/28/2018

Co-Listed By

Evelyn Martinez

Bellman & Radcliff

Last Buyer's Agent

LUIS SANTIAGO

Better Homes&Gardens RE Valley

Better Homes&Gardens RE Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1910

Lot Details

  • 2,178

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 2,495 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 640705303829001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $310
  • Insurance Expense $655
  • Trash Expense $750
  • Water Sewer Expense $815
  • Operating Expense $7,010
  • Gross Income $20,700
  • Net Operating Income $13,690

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,301

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 84500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2495

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Carport
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 310
  • Heat: 2179
  • Insurance: 655
  • Trash Removal: 750
  • Water Sewer: 815

Fee Information

  • Operating Expense: 7010

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-mH

Tax Info

  • Assessor Parcel Number: 640705303829001
  • Total Taxes: 2301.00

Multi Family

  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

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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
05/11/2018 05/11/18 Sold $127,500 +2.0% $51 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $125,000 -- $50 / 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: 571861

Greater Lehigh Valley REALTORS®

APN: 640705303829-1