$120,000
SOLD DEC 30, 2016

829 N 7th St Allentown, PA 18102

Center City Neighborhood
5 Beds
2.5 Baths
2,574 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

4% Below List Price

66 Days on Market

About This Home

As of July 2022

2 unit entering into Center City Allentown showing a 11% Cap rate and fully occupied. Property to be sold with a clear CO!
Unit 1 has 3 bedrooms 2 bathrooms and is in great condition. Gas heat and gas hot water
Unit 2 is on the 3rd floor and has 2 bedrooms. Electric heat and electric hot water.
Make the purchase and start collecting $1600 a month in rent. Currently rented at below market value with the potential to get at least $1800 a month in rent conservatively equaling a 13% projected CAP. Tenants on month to month occupancy!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 09/27/2016

Co-Listed By

Emanuel DeJesus

Coldwell Banker Hearthside

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty Listed on: 09/27/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,574 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 549794484228001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $600
  • Operating Expense $5,097
  • Gross Income $19,200
  • Net Operating Income $14,103

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,277

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 85200.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 2574

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heat Type: Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Trash Removal: 720
  • Water Sewer: 600

Fee Information

  • Operating Expense: 5097

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-MH

Tax Info

  • Assessor Parcel Number: 549794484228001
  • County Taxes: 313.54
  • Municipal Taxes: 402.13
  • Total Taxes: 2277.28

Multi Family

  • School Taxes: 1561.61
  • Total Units: 2
  • Total Unit Count: 2

Range of Values:

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Average Value
Not Available
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
07/05/2022 07/05/22 Sold $205,000 0.0% $80 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $205,000 +70.8% $80 / Sq Ft
12/30/2016 12/30/16 Sold $120,000 -4.0% $47 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $125,000 -- $49 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2022

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    139 in this area

    422 Total Sales

    Jennifer de Jesus
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Keith Takacs

    Ignite Realty Group

    (610) 248-8159

    57 in this area

    130 Total Sales

    Keith Takacs
    Section Image
  • Melony Oestreich

    Buyer's Agent in 2022

    Melony Oestreich

    Valley Star Real Estate

    (610) 656-1933

    5 in this area

    26 Total Sales

    Melony Oestreich
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Emanuel DeJesus

    Coldwell Banker Hearthside

    (610) 570-4445

    4 Total Sales

    Emanuel DeJesus
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 530619

Greater Lehigh Valley REALTORS®

APN: 549794484228-1

Pennsylvania Lehigh County Allentown 18102 Center City

829 N 7th St, Allentown, PA

This home is located at 829 N 7th St, Allentown, PA 18102 and is currently priced at $120,000, approximately $46 per square foot. This property was built in 1900. 829 N 7th St is a home located in Lehigh County with nearby schools including Washington Elementary School, Trexler Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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