829 N 7th St Allentown, PA 18102
Center City NeighborhoodAbout This Home
As of July 20222 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!
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 530619

APN: 549794484228-1
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