NOT LISTED FOR SALE
-- Bed
-- Bath
4,100 Sq Ft
3,485 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $395,000 $96 Per Sq Ft

9 Days on Market

Highlights

  • Commercial or Retail Space
  • Forced Air Heating System
  • Hot Water Heating System

About This Home

As of March 2022

REAL ESTATE ONLY--Fully leased 3 unit investment property in Allentown. Two large, clean, well-kept apartments above a commercial office space with a dental practice. Two semi-detached buildings on one deed. The dental office occupies the entire ground floor of both buildings and each apartment is two floors above the dental office--one in each building. Four paved parking spots behind one building are used by the dental office. The other building has a fenced backyard with a gate that can hold up to two cars. Free street parking is also available. Easy to rent. Tenants pay electric. Landlord expenses are economical due to new gas furnace 2021. Listed at 8% CAP. Walk-through the spaces using the self-guided 360 Tour links.

Last Agent to Sell the Property

Carrie Ward

HowardHanna TheFrederickGroup Listed on: 02/22/2022

HowardHanna TheFrederickGroup

Last Buyer's Agent

james reardon

EXP Realty LLC License #RS342638

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property

Parking

  • 5 Parking Spaces
  • Unpaved Parking
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549783656699001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $500
  • Trash Expense $400
  • Water Sewer Expense $1,167
  • Operating Expense $13,417
  • Gross Income $46,200
  • Net Operating Income $32,783

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,050

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Office In Addition
  • County Assessment: 256800.00
  • Stories: 3.0
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Square Footage: 4100

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Paved Lot, Unpaved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Wall AC
  • Heat Type: Forced Air, Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Gas: 1500
  • Insurance: 1800
  • Trash Removal: 400
  • Water Sewer: 1167

Condo/Co-op/Association

  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 13417

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.080
  • Lot Sq Ft: 3485
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549783656699001
  • County Taxes: 970.70
  • Municipal Taxes: 1557.62
  • Total Taxes: 8050.44

Multi Family

  • School Taxes: 552212.00
  • Total Units: 3
  • Total Unit Count: 3

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
03/25/2022 03/25/22 Sold $395,000 -1.2% $96 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $399,990 -- $98 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 688359

Greater Lehigh Valley REALTORS®