NOT LISTED FOR SALE
3 Beds
3 Baths
1,596 Sq Ft
1890 Built

Last Sold August 28, 2020

Last sale price $167,500 $105 Per Sq Ft

4 Days on Market

About This Home

As of August 2020

Great investment opportunity showing 11.16% cap! 3 Unit in Allentown ideally located near entertainment, shopping, and transportation. Units 2 & 3 have been modernized with new kitchens and bathrooms featuring stainless steel appliances, updated flooring, and showers with tile surrounds. Unit 1 is currently rented with a long term tenant but could easily be updated to the same standard as Units 2 & 3. Owner pays water/sewer/trash, gas heat, and electric.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty LLC License #RM423820 Listed on: 07/27/2020

Last Buyer's Agent

(Lehigh) GLVR Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Interior Spaces

  • 1,596 Sq Ft Home
  • 3-Story Property

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 549699921375001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $800
  • Trash Expense $1,080
  • Operating Expense $7,085
  • Gross Income $25,500
  • Net Operating Income $18,415

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: A-145 S/N 7th St to Linden St. Right onto Linden St. Left onto S 9th St. Right onto Jackson St - property will be on the right.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 3
  • Year Built: 1890
  • PropertySubType: Multi Family
  • Co List Office Phone: 484-895-9005
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 549699921375001
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 3
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: No
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 7085.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Disclosures: Right of First Refusal

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes

Lot Info

  • Parcel Number: 549699921375001
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Book Number: 2020001441

Range of Values:

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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
08/28/2020 08/28/20 Sold $167,500 +1.5% $105 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $165,000 +35.2% $103 / Sq Ft
06/21/2018 06/21/18 Sold $122,000 -9.6% $76 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $135,000 -- $85 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-79454

Pocono Mountains Association of REALTORS®

APN: 549699921375-1