NOT LISTED FOR SALE
5 Beds
3 Baths
2,910 Sq Ft
2,818 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $255,000 $88 Per Sq Ft

4 Days on Market

Highlights

  • Balcony
  • Heating System Uses Gas
  • 4-minute walk to Jordan Park
  • 4 Car Garage

About This Home

As of August 2021

HIGHEST&BEST by 7/26@5pm CASH FLOW!!! Multi Unit, Great Net Income, possible store/retail space to add income. Current Gross Income $40500, NET INCOME $32,224 11.7 CAP with more upside potential. 3 Apartments, 5 garage/storage spaces, and potential for a large corner storefront/retail space with GREAT VISABILITY to add significant additional income (check with Zoning). Low Taxes and Apartment tenants pay all of their own utilities. The residential units all have new, DURABLE, laminate flooring throughout. Each residential unit has a separate private entrance. The front upstairs apartment has a covered porch with view. Easy to rent and operate. Some tenants are messy but good payers.

Last Listed By

Gary Elbert

Bellman & Radcliff Listed on: 07/23/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1920

Lot Details

  • 2,818

Parking

  • 4 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 2,910 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 2,818 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549795549643001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $920
  • Insurance Expense $1,410
  • Trash Expense $1,125
  • Water Sewer Expense $1,160
  • Operating Expense $8,276
  • Gross Income $36,900
  • Net Operating Income $32,224

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,661

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 120700.00
  • 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: 5
  • Square Footage: 2910

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 920
  • Insurance: 1410
  • Trash Removal: 1125
  • Water Sewer: 1160

Fee Information

  • Operating Expense: 8276

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.065
  • Lot Sq Ft: 2818
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549795549643001
  • County Taxes: 456.25
  • Municipal Taxes: 684.41
  • Total Taxes: 3660.55

Multi Family

  • School Taxes: 2519.89
  • Total Units: 4
  • Total Unit Count: 8

Range of Values:

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ICE

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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
08/20/2021 08/20/21 Sold $255,000 -7.3% $88 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $275,000 -- $95 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 673772

Greater Lehigh Valley REALTORS®

APN: 549795549643-1