213 North 4th Street
213 North 4th Street
Under Agreement
Under Agreement
Description
Positioned conveniently across from St. Luke's Hospital and a block to Central Catholic High School This large three-unit investment property has a large lot and presents an enticing opportunity with a solid cap rate. Unit Features:
1. First Floor: A generously proportioned...Multiple offers received, the seller is asking for HIGHEST AND BEST by 9PM TUESDAY APRIL 16 2024 Investment Opportunity: Allentown Location Semi detached Three-Unit Property plus a 3 car unfinished detached garage, with great Cap Rate
Positioned conveniently across from St. Luke's Hospital and a block to Central Catholic High School This large three-unit investment property has a large lot and presents an enticing opportunity with a solid cap rate. Unit Features:
1. First Floor: A generously proportioned 2-bedroom apartment boasting high 14 ft ceilings, laminate flooring and washer and dryer in the unit. A charming front porch, and a rear balcony. Direct backyard access .
2. Second Floor: A spacious 3-bedroom apartment, featuring expansive bedrooms complemented by laminate flooring and nice kitchen with high 10ft clients. The third bedroom in the apartment also has a second direct entrance/ exit.
3. Third Floor: Another 3-bedroom apartment, offering comfortable living spaces. Updated kitchen and bathroom. Updates and Enhancements:
The owner has invested in upgrades of plumbing, electrical, flooring drywall throughout. Additional upgrades included fresh paint, kitchens, baths and more, adding value and appeal to the property. Tenant Amenities: Tenants enjoy the convenience of managing their own electric, gas cooking, and electric hot water, providing a hassle-free rental experience. This property presents an attractive investment opportunity.
- Listed by Anthony Ramos • Century 21 Ramos Realty
Property Details for 213 North 4th Street
Location
Property Details for 213 North 4th Street
| Status | Under Agreement |
|---|---|
| MLS # | 733271 |
| Days on Market | 12 |
| Taxes | $4,379 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Commercial |
| Year Built | 1900 |
| Lot Size | 0.11 AC / 4,622 SF |
| County | Lehigh County |
Location
Building Information for 213 North 4th Street
Payment Calculator
$2,193 per month
30 year fixed, 7.25% Interest
$1,828
$365
$0
Property Information for 213 North 4th Street
- Directions: US-22, MacArthur Rd/PA-145, Left onto W Gordon St, Right onto N 4Th St (Property Located On 4th Between Turner and Chew)
- School District: Allentown
- Garage: Detached, Off Street, On Street, Parking Pad
- ParkingSpaces: 3
- Association: Lehigh Valley MLS
- County Taxes: $509.92
- Lawn Snow Removal: $150
- Maintenance Repair: $1,800
- Management: 0
- Municipal Taxes: $4,378.92
- School Taxes: $3,054.57
- Total Taxes: $4,378.92
- Acres: 0.106
- APN: 640722422810 001
- Lot Size Source: Tax Records
- Zoning Code: R-Mh-Medium High Density Residential
- County Assessment: $134,900.00
- Features: Fire Escape, Hardwood, Wash/Dry Hook-ups
- Property SubType Category: Commercial
- Square Footage Source: Tax Records
- Technology: Smoke Detector Wired
- Year Built Exception: Unknown
- Adult Comm 55 Over: No
- Cooling: No Air
- Electric: 425
- Gas: $0
- Sewer: Public
- Water: Public
- Water Sewer: 848
- Construction: Brick, Stucco
- Baths: Semi Modern
- Heat: $0
- Heat Type: Baseboard
- Gross Income: $49,200.00
- Insurance: $1,400
- Net Income: $44,577.00
- Operating Expense: $4,623
- Other Expenses: $0
- Trash Removal: 0
- Total Unit Count: 3
- Total Units: 3
- Unit Total2 Bedrooms: 1
- Unit Total3 Bedrooms: 2
Property History for 213 North 4th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 213 North 4th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Central El School PublicK to 5 | ||
Harrison-Morton Middle School Public6 to 8 | ||
Louis E Dieruff High School Public9 to 12 | ||
Building 21 Allentown 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 Century 21 Ramos Realty
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.