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Buy a multi-family propertyat 624 North Penn Street, Allentown City, PA 18102

$136,500

$0/mo

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Multifamily

1,702 Sq. Ft.

1,577 Sq. Ft. lot

5 Bedrooms

1 Bathrooms

314 Days on market

719575 MLS ID

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About 624 North Penn Street multi-family property

Great investment opportunity. Perfect time to invest in Rental property. Current tenant has been a long-term tenant. Current rent is $950 a month, there is room to increase in the future. With the rising rent rates and the demand for rentals this is a great opportunity to add to your portfolio. Which single-family rentals make a good investment to either sell at a later date for single family or continue as an income producing property. Current City rental inspection has been done.
Great investment opportunity. Perfect time to invest in Rental property. Current tenant has been a long-term tenant. Current rent is $950 a month, there is room to increase in the future. With the rising rent rates and the demand for rentals this is a great opportunity to add to your portfolio. Which single-family rentals make a good investment to either sell at a later date for single family or continue as an income producing property. Current City rental inspection has been done.

Property details

Bathrooms

1 bathroom

1 full bathroom

Bedrooms

5 bedrooms

House

1,702 square footage

Built in 1904

3 stories

Brick

Cooling

No Air

Expenses

Operating expense: $760

Water

Public

Home Owner's Association

Lehigh Valley MLS

Income

Gross income: $11,400

Net income: $10,090

Listing

MLNumber: 719575

Listing price: $136,500

Listing date: 2023-06-24 00:00:00

Not Applicable

Location

Area: Allentown-Central

County: Lehigh

Subdivision: Not in Development

Lot

0.036 acres

1,577 square footage

Property

Property key: 42077 640714013020 1 1 63027020

Property sub type: Investment Property

Property type: Investment Property

Zoning code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Row/Townhouse

Schools

School district: Allentown

Sewer

WaterSewer: 150

Public

Taxes

Total taxes: $1,934

Tax crs pa MUI: 998369593

Monthly cost

Estimated monthly cost

$963/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jan 25, 2024

Price

$125,000

Date

Feb 1, 2001

Price

$6,500

DatePrice
Jan 25, 2024$125,000
Feb 1, 2001$6,500

Schools

This home is within the Allentown City School District.

Allentown & Catasauqua enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$128,310

+$4,095

$132,405

Seller agent commission$4,095 (3%)*

$0 (0%)

Buyer agent commission$4,095 (3%)*

$4,095 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $4,095 more selling your home
with an Unreal Estate agent

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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: Aug 8, 2023 at 4:37 p.m.

Data updated: Jul 14, 2023 at 10:41 a.m.

Courtesy of CENTURY 21 Keim Realtors (missing listing office phone)
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2024 Greater Lehigh Valley REALTORS®. All Rights Reserved.

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