NOT LISTED FOR SALE
6 Beds
2 Baths
2,240 Sq Ft
4,792 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $410,000 $183 Per Sq Ft

10 Days on Market

About This Home

As of May 2024

Step into modern living at its finest with our multi-unit listing, featuring spacious 3-bedroom units and stainless steel appliances that redefine kitchen sophistication. Unwind with the added convenience of rare off-street parking, ensuring a stress-free urban lifestyle. Nestled in the heart of the Lehigh Valley, this property effortlessly combines style with practicality. Whether you're an astute investor eyeing a prime opportunity or a discerning homebuyer seeking contemporary charm, this distinctive find checks all the boxes. Additionally, at a 10.5% Cap Rate this property holds the allure of being an experienced Airbnb rental, making it a turnkey investment opportunity for those seeking a seamless entry into the short-term rental market.

Last Agent to Sell the Property

Waldy Fernandez

Peak Properties PA License #RS367868 Listed on: 03/04/2024

Peak Properties PA

Last Buyer's Agent

Waldy Fernandez

Peak Properties PA License #RS367868 Listed on: 03/04/2024

Peak Properties PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1963

Lot Details

  • 4,792

Parking

  • 3 Parking Spaces

Home Design

  • 2,240 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549695463801 001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,750
  • Insurance Expense $900
  • Maintenance Expense $2,000
  • Trash Expense $750
  • Water Sewer Expense $800
  • Operating Expense $11,638
  • Gross Income $53,000
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,438

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 162100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1963
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2240

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 1750
  • Insurance: 900
  • Trash Removal: 750
  • Water Sewer: 800

Condo/Co-op/Association

  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 11638

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-M-Medium Density Residential

Tax Info

  • Assessor Parcel Number: 549695463801 001
  • County Taxes: 612.74
  • Municipal Taxes: 1155.02
  • Total Taxes: 5438.22

Multi Family

  • School Taxes: 3670.46
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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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
05/23/2024 05/23/24 Sold $410,000 +3.8% $183 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $395,000 +107.9% $176 / Sq Ft
09/27/2019 09/27/19 Sold $190,000 0.0% $85 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $190,000 -- $85 / 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: 733826

Greater Lehigh Valley REALTORS®