NOT LISTED FOR SALE

839 N 7th St Allentown, PA 18102

Center City Neighborhood
-- Bed
-- Bath
3,847 Sq Ft
3,598 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $280,000 $73 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Laundry Facilities
  • Balcony
  • 2 Car Garage
  • Heating Available

About This Home

As of September 2018

Open showing Sat 8/4, 12-2pm TURN KEY 5+ Unit Money Maker! 11.7 CAP RATE $46,140 GROSS Income, $35,652 NET. Below market rents can be adjusted to yield even more. Totally renovated for easy, long term profitable operation. New kitchens and bathrooms, laminate flooring, large bright units, separate entrances, new windows, Tenants pay heat & electric, HUGE detached 2 car garage, attractive courtyard, rear apt porches & wrap around covered front porch. Located along the Gateway to the New Allentown, units are appealing & easy to rent. In addition to 5 units plus rental income from the garage, the owner set up the large, finished front entry, walk out basement as a coin laundry to make even more revenue. Strategically paying for hot water for 4 of the units (main building), the owner has dual advantage of more appeal/value to tenants & efficiently utilizing the same hot water heaters & expense for laundry. Steeple/Main & Garage roofs redone w/transferable warranty. Fully occupied.

Last Listed By

Gary Elbert

Bellman & Radcliff Listed on: 07/27/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1900

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 30x120

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 3,847 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 549794490313001

Community Details

Building Details

  • Electric Expense $630
  • Insurance Expense $1,880
  • Trash Expense $1,875
  • Water Sewer Expense $970
  • Operating Expense $9,588
  • Gross Income $46,740
  • Net Operating Income $36,252

Additional Features

  • 5 Units
  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,233

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 152100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Balcony, Central Laundry, Hardwood, Patio
  • Bathrooms: Modern
  • Square Footage: 3847

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 630
  • Insurance: 1880
  • Trash Removal: 1875
  • Water Sewer: 970

Fee Information

  • Operating Expense: 9588

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.083
  • Lot Dimensions: 30x120
  • Lot Sq Ft: 3598
  • Zoning Code: RmH

Tax Info

  • Assessor Parcel Number: 549794490313001
  • Total Taxes: 4233.00

Multi Family

  • Total Units: 5
  • Total Unit Count: 6

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
09/14/2018 09/14/18 Sold $280,000 -9.6% $73 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $309,900 +287.4% $81 / Sq Ft
12/19/2013 12/19/13 Sold $80,000 -13.0% $25 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $92,000 -- $29 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gary Elbert

    Bellman & Radcliff

    (610) 393-1801

    35 in this area

    121 Total Sales

    Gary Elbert
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    Evelyn Martinez

    Bellman & Radcliff

    (484) 951-5846

    23 in this area

    77 Total Sales

    Evelyn Martinez
    Section Image
  • Peter Cerruti

    Buyer's Agent in 2018

    Peter Cerruti

    RE/MAX

    (215) 429-7273

    8 in this area

    113 Total Sales

    Peter Cerruti
    Section Image
  • Sharon Rohrbach

    Seller's Agent in 2013

    Sharon Rohrbach

    RE/MAX of Reading

    (484) 332-3435

    58 Total Sales

    Sharon Rohrbach
    Section Image
  • Patty Rapposelli

    Seller Co-Listing Agent in 2013

    Patty Rapposelli

    RE/MAX of Reading

    (610) 670-2770

    60 Total Sales

    Patty Rapposelli
    Section Image

  • J

    Buyer's Agent in 2013

    Jeffrey Farthing

    Keller Williams Real Estate - Allentown

    (610) 476-4243

    3 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 586834

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18102 Center City

839 N 7th St, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 839 N 7th St, Allentown, PA 18102 since 27 July 2018. This property was built in 1900. 839 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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