2122 Walnut St

Allentown, PA 18104

$555,000
Last Sold Price
8
Beds
6
Baths
5,307 Sq. Ft.
$105 / Sq. Ft.
5,307
Sq. Ft.
$105
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/24/20
Closed 9/24/20
a front view of a house with a yard
a view of a house with a yard and potted plants
a view of a porch
a view of a yard with potted plants
a view of a table and chairs in the patio
a view of front door
a view of an empty room with a window
a living room with furniture and a fireplace
wooden floor in an empty room with a window
a very nice looking room with a large window
a room with gym equipment and a large window
a bathroom with a sink a mirror and next to a window
a kitchen with a stove and white cabinets
an empty room with wooden floor and windows
an empty room with wooden floor and window
a view of an empty room with wooden floor and a window
a kitchen with a stove and a microwave
a bathroom with a toilet sink and mirror
a bathroom with a sink toilet and tub
a bathroom with a toilet sink and mirror
a close up of a bathtub
a bathroom with a sink and a mirror
a utility room with dryer and washer
a view of a room with racks
a view of empty room
a bathroom with bathtub and shower
a bathroom with a sink
a view of water heater room
a room with a table and chair
a view of a refrigerator in kitchen

Description

Fully rented 6-unit with current CO, in excellent condition, in a great neighborhood. Annual rental income of $76,000. The owner can offer tenants a premium lifestyle compared to most rentals. Spacious landscaped grounds, with privacy, porches, private courtyard, patio and pergola. On-site laundry, and landlord-provided heat and hot water boost the appeal for tenants. Huge basement and 2-car garage can increase rental income, also. Also great for owner-operator who needs secure space and parking....Fully rented 6-unit with current CO, in excellent condition, in a great neighborhood. Annual rental income of $76,000. The owner can offer tenants a premium lifestyle compared to most rentals. Spacious landscaped grounds, with privacy, porches, private courtyard, patio and pergola. On-site laundry, and landlord-provided heat and hot water boost the appeal for tenants. Huge basement and 2-car garage can increase rental income, also. Also great for owner-operator who needs secure space and parking. Enough off-street parking for 6 cars - 2 in garage, 2 in driveway, and 2 more in rear on Hickory St. In 2019, new roof installed and owner did many other updates and repairs, saving time and major expense for the new owner: New roof, Exterior painting, Concrete sidewalk repairs, Grounds cleaned, trimmed, and seeded, Updates and upgrades in apartments.
  1. Listed by Gary F. Millspaugh • ERA Rudy Amelio Real Estate
    P: (610)-737-6870 C: (610)-737-6870 garymera@ptd.net
  2. Listed by Rudy Amelio Jr. • ERA Rudy Amelio Real Estate
    P: (610)-437-5501 C: (610)-437-5501 rudy@ameliore.com

Property Details for 2122 Walnut Street

Subdivision Name
Union Terrace
LISTING UPDATED: 07/26/2024 01:22 PM

Property Details for 2122 Walnut Street

StatusClosed
MLS #639043
Days on Market30
Pet Policy-
Taxes$12,541 / year
HOA Fees-
Condo/Co-op Fees$980 semi-monthly
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1917
CountyLehigh County
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Location

Listing Courtesy of ERA Rudy Amelio Real Estate

Sold By IronValley RE of Lehigh Valley

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Building Information for 2122 Walnut Street

Building/Complex2122 Walnut StFloor-Stories3Residences6Pet Policy-Pet Policy Details-Year Built1917Building Size-

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$5,771 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,766

Property Taxes

$1,045

HOA Dues

$1,960

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Property Information for 2122 Walnut Street

Summary
Location and General Information
  • Country Subdivision: 42077
  • Cross Street: S. St. Lucas
  • Directions: From Hamilton St. and Ott St., go east to S. 24th, turn and go south. From S. 24th, go LEFT on W. Walnut (east), to corner of S. St. Lucas and Walnut. Property covers most of that block, W. Walnut, S. St. Lucas and Hickory St. at rear of property.
  • Latitude: 40.592587
  • Longitude: -75.500589
  • MLS Area Major: Allentown-West
  • Zoning: R-M
Taxes and HOA
  • Parcel Number: 549636164390 001
  • Tax Annual Amount: $12,541
  • Tax Assessed Value: $391,500
School Information
  • Elementary School District: Allentown
  • High School District: Allentown
  • Middle Or Junior School District: Allentown
Parking
  • Garage: Yes
  • Parking Total: 6.0
Property
Lot Information
  • Living Area: 5307.0
  • Lot Size Acres: 0.496
  • Lot Size Area: 21606.0
  • Lot Size Dimensions: 120x180
  • Lot Size Square Feet: 21606.0
Property and Assessments
  • Year Built: 1917
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: Yes
  • Stories: 3
  • Stories Total: 3
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $895.00
  • Fuel Expense: $.00
  • Gardener Expense: $2,812.00
  • Gross Income: $76,000
  • Insurance Expense: $2,330.00
  • Maintenance Expense: $980.00
  • Net Operating Income: $47,194
  • Operating Expense: $26,806.00
  • Other Expense: $485.00
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,264.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $1,375.00
  • Unit Type Actual Rent Range: 1375.00
  • Unit Type Area: 978.0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Apt. A
  • Unit Type Occupant Type: Occupied
  • Unit Type Total Rent: $1,375.00
  • Unit Type Unit Num: 1
Unit 2
  • Unit Type Actual Rent: $1,084.00
  • Unit Type Total Rent: $2.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 1.0
  • Unit Type Area Units: Apt. C
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $1.00
  • Unit Type Num Full Baths: 945
  • Unit Type Occupant Type: 4
Unit 5
  • Unit Type Unit Num: 1
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
Unit 6
  • Unit Type Pro Forma: 1
  • Unit Type Total Rent: $1.00
  • Unit Type Unit Num: Apt. F
  • Unit Type Description: Occupied
  • Unit Type Garage Spaces: 775.0
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM

Property History for 2122 Walnut Street

DateEvent & SourcePriceAppreciation
Sep 24, 2020

Closed

GLVRMLS #639043

$555,000—
Jul 8, 2020

Pending

GLVRMLS #639043

—
Jun 8, 2020

Listed (Active)

GLVRMLS #639043

$625,000—
DateEvent & SourcePrice
09/24/2020

Closed

GLVRMLS #639043

$555,000
07/08/2020

Pending

GLVRMLS #639043

—
06/08/2020

Listed (Active)

GLVRMLS #639043

$625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2122 Walnut Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Union Terrace Elementary School
Public - PK to 5
Francis D Raub Middle School
Public - 6 to 8
William Allen High School
Public - 9 to 12
Brigadier General Anna Mae Hays Elementary School
Public - K to 5
Rating
School
Distance
Union Terrace Elementary School
PublicPK to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

Brigadier General Anna Mae Hays Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of ERA Rudy Amelio Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.