$575,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4,640 SqFt
SOLD DATE : 09/26/2024
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $123
MLS Listing ID PALH2009076
Sold Date 09/26/24
Style Unit/Flat
Abv Grd Liv Area 4,640
Originating Board BRIGHT
Year Built 1968
Annual Tax Amount $9,286
Tax Year 2023
Lot Size 6,960 Sqft
Acres 0.16
Lot Dimensions 58.00 x 120.00
Property Description
Amazing Four-Plex with each unit consisting of 3 beds/1.5 bathrooms, all units of equal size, plus a storage basement. 3 of the 4 units are occupied by tenants with steady rent payments. There is one owner-occupied unit that can be unoccupied at closing. Current income per unit (except owner-occupied unit) is $1200/month, and current long-term tenants are on month-to-month. This is perfect for an FHA "househack" where the buyer can live in one of the units and rent out the rest! Good rental neighborhood--many similar-sized rentals nearby, renting around $1500-$1600/month.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-M
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Exterior Feature Balcony
Water Access N
Accessibility None
Porch Balcony
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Allentown
Others
Tax ID 549666384795-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Jason R Cohen • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States