NOT LISTED FOR SALE

904 W Walnut St Allentown, PA 18102

Center City Neighborhood
7 Beds
3 Baths
4,984 Sq Ft
4,574 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $640,000 $128 Per Sq Ft

35 Days on Market

Highlights

  • 0.11 Acre Lot
  • Balcony
  • 1-minute walk to Valania Park

About This Home

As of September 2023

Welcome to this exceptional 4-unit investment property, consisting of 3 apartments and a garage, and offering an excellent opportunity for savvy investors. This multi-family residence presents a lucrative prospect for those seeking rental income and long-term appreciation. Beyond the individual units, the location of this property is a standout feature. It is conveniently situated near the Allentown Neighborhood Improvement Zone and all the shops, restaurants, and entertainment venues. Making it an attractive choice for potential renters. Units are fully leased.Whether you are an experienced investor looking to expand your portfolio or a first-time buyer interested in entering the real estate market, this 4-unit investment property presents an excellent opportunity for income generation and long-term financial growth. Don't miss the chance to make this promising property a part of your investment portfolio.

Last Agent to Sell the Property

Sean LaSalle

Coldwell Banker Hearthside License #AB067161 Listed on: 06/09/2023

Coldwell Banker Hearthside

Last Buyer's Agent

Gary Elbert

Bellman & Radcliff

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1920

Lot Details

  • 4,574

Parking

  • Off-Site Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 4,984 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 4,574 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 640609232809001

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,583
  • Gross Income $66,768
  • Net Operating Income $49,849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • County Assessment: 247300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 7
  • Square Footage: 4984

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 15583

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.105
  • Lot Sq Ft: 4574
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640609232809001
  • County Taxes: 934.79
  • Municipal Taxes: 1709.98
  • Total Taxes: 8244.43

Multi Family

  • School Taxes: 5599.66
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
09/01/2023 09/01/23 Sold $640,000 -4.5% $128 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $670,000 -8.2% $134 / Sq Ft
06/09/2023 06/09/23 For Sale $730,000 -- $146 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean LaSalle

    Seller's Agent in 2023

    Sean LaSalle

    Coldwell Banker Hearthside

    (610) 737-5369

    8 in this area

    232 Total Sales

    Sean LaSalle
    Section Image

  • G

    Buyer's Agent in 2023

    Gary Elbert

    Bellman & Radcliff

    (610) 393-1801

    35 in this area

    121 Total Sales

    Gary Elbert
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 718801

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18102 Center City

904 W Walnut St, Allentown, PA

This home is located at 904 W Walnut St, Allentown, PA 18102 since 09 June 2023. This property was built in 1920. 904 W Walnut St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain 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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