$120,000
SOLD DEC 30, 2016
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

Co-Listed By

Emanuel DeJesus

Coldwell Banker Hearthside

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 530619

Greater Lehigh Valley REALTORS®

APN: 549794484228-1