Last Sold Price
2,196 sqft$115/sqft
2128 Allentown Rd, Quakertown, PA 18951

Description

Wonderful 2 story, 2 unit building in the heart of the Village of Milford Square. Consistent income producer. Ideally located less than 1.5 miles of the PA Turnpike NE Extension Quakertown Exit and a short distance to Route 309 and the new St. Luke~s Hospital which is slated to be completed in the Fall of 2019. The first floor unit is 2 bedrooms, one bath, spacious kitchen and living room and currently rents for $920/month (projected/pro forma rent $1200). The 2nd floor unit has 3 bedrooms and baths,...Wonderful 2 story, 2 unit building in the heart of the Village of Milford Square. Consistent income producer. Ideally located less than 1.5 miles of the PA Turnpike NE Extension Quakertown Exit and a short distance to Route 309 and the new St. Luke~s Hospital which is slated to be completed in the Fall of 2019. The first floor unit is 2 bedrooms, one bath, spacious kitchen and living room and currently rents for $920/month (projected/pro forma rent $1200). The 2nd floor unit has 3 bedrooms and baths, living room and kitchen which currently rents for $1100/month (projected/pro forma rent $1300). Property has a private well and public sewer. Tenants pay for heat, electric and trash. Ample parking area with a multi-bay garage with separate workshop. Each unit has a washer and dryer.
LISTING CLOSED: 04/18/2019 12:00 AM

  1. Listed by Lynne Benson • Keller Williams Real Estate-Doylestown
    P: (215) 622-0747 lynnebenson@kw.com

Property Details for 2128 Allentown Road

Status
MLS #
PABU444504
Days on Market
21
Taxes
$3,282 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1900
Lot Size
0.43 AC / 18,550 SF
Tax ID Number
23-011-016
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
MILFORD TWP
Central Air
No
Basement
Yes
Room Count
9
Above Grade Finished SQFT
2,196.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No
Property Condition
Good

Location

Listing Courtesy of Keller Williams Real Estate-Doylestown

Sold By Real Estate Excel-The Baringer Group LTD

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Building Information for 2128 Allentown Road

Stories-Residences2Year Built1900Building Size-Lot Size0.43 AC / 18,550 SF

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Property Information for 2128 Allentown Road

Location
Location
  • School District Name: QUAKERTOWN COMMUNITY
  • School District County ID: 300200397165
  • SchoolDistrictSource: Listing Agent
  • Elementary School: PFAFF (BUCKS PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: MILFORD (BUCKS PA)
  • MiddleSchoolSource: Listing Agent
  • County: BUCKS
  • MLS Area: Milford Twp (10123)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2018
  • Tax Assessed Value: $17,200
  • Year Assessed: 2018
  • County Tax: $421
  • Improvement Assessed Value: $13,960
  • City Town Tax: $34
  • Land Assessed Value: $3,240
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 1001
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: PC
  • Tax Lot: 016
  • School Tax: $2,828
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Miscellaneous, Pest Control, Repairs, Sewer, Taxes - Real Estate, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $5,240
  • Operating Expense Includes: Insurance, Snow Removal
  • Insurance Expense: $960
  • Other Expense: $1,080
Financial Information
  • Gross Income: $24,240
  • Gross Scheduled Income: $24,240
  • Net Operating Income: $19,000
  • Annual Rental Income: $24,240
  • Income Includes: Apartment Rentals
  • Cap Rate: 7.50
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,196.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 106.00 x 175.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Rear Yard, SideYard(s)
  • Parcel ID: 118255
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Oil, Propane - Leased
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: Public Sewer

Property History for 2128 Allentown Road

DateEvent & SourcePriceAppreciation
Apr 18, 2019

Closed

BRIGHT #PABU444504

$253,000
Apr 17, 2019

Closed (Public Record)

Public Record #643213024

$253,000

+6.3% / yr

Apr 3, 2019

Withdrawn

BRIGHT #1007816534

$274,900
DateEvent & SourcePrice
04/18/2019

Closed

BRIGHT #PABU444504

$253,000
04/17/2019

Closed (Public Record)

Public Record #643213024

$253,000

+6.3% / yr

04/03/2019

Withdrawn

BRIGHT #1007816534

$274,900

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

Public Records for 2128 Allentown Road

Taxable ValueLand$3,240Additions$13,960Total$17,200
Tax Record2026$3,566 ($297 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,196 SqFtAbove Grade Finished SqFt2,196 SqFtStories2Lot Size18,550 SqFtStyleSingle Family ResidenceYear Built1900ZoningPCCountyBUCKSAPN23-011-016Fireplace TypeHas Fireplace

Schools near 2128 Allentown Road

This home is within Quakertown Community School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6
Public - 9 to 12
Rating
School
Distance
Pfaff El School
PublicK to 5

6th Grade Center
Public6

Quakertown Community Senior High School
Public9 to 12

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 Keller Williams Real Estate-Doylestown

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.