Seller's Agent in 2015
Don Wenner
Real of Pennsylvania
(800) 350-8061
39 in this area
1,130 Total Sales
848 N 7th St Unit 850 Allentown, PA 18102
Center City Neighborhood
9
Beds
3
Baths
3,506
Sq Ft
3,058
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- 2 Car Garage
About This Home
As of December 2015Great investment opportunity! This property has a 13% cap rate and the owner currently grosses 26k per year. The building has 3 units. The 1st unit is a 1 bedroom efficiency and rents for $400/month. The 2nd unit consists of 3 bedrooms, living room, kitchen, full bathroom and it rents for $800/month. The 3rd unit consists of 5 bedrooms, kitchen, large living room, full bathroom and it rents for $900/month. Tenants pay all utilities, owner pays water. This property also has a 2 car garage that rents for $140/month. Close to highways and shopping. Don't miss out!!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,245
Year Built
- Built in 1890
Lot Details
- 3,058 Sq Ft Lot
- Lot Dimensions are 25.5x120
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,506 Sq Ft Home
- 2.5-Story Property
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Home Security
Utilities
- No Cooling
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 549794280925-00001
Community Details
Building Details
- Insurance Expense $1,800
- Water Sewer Expense $1,253
- Operating Expense $6,298
- Gross Income $26,880
- Net Operating Income $20,582
Additional Features
- 3 Units
- Fire and Smoke Detector
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2015 12/29/15 | Sold | $134,000 | -10.7% | $38 / Sq Ft |
| 09/29/2015 09/29/15 | Pending | -- | -- | -- |
| 04/29/2015 04/29/15 | For Sale | $150,000 | -- | $43 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Don Wenner
-
C
Seller Co-Listing Agent in 2015
Chris Young
DLP Realty
-
Louie Falco
L
Buyer's Agent in 2015
Louie Falco
Rudy Amelio Real Estate
(610) 393-2694
13 in this area
49 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 494464
APN: 549794280925-1
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