225 North 7th Street

Allentown, PA 18102

$329,900
Price
Beds
2,882 Sq. Ft.
$114 / Sq. Ft.
2,882
Sq. Ft.
$114
per Sq. Ft.

Description

Highest and best by May 1st 5:00 p.m. Now available in Allentown we have a 3-unit investment property perfect for owner occupant or to add to your real estate portfolio! Minutes away from restaurants, public transportation, PPL center, and route 22. Both the first-floor unit and the second-floor unit consists of 2 bedrooms (plus bonus room in unit 2, potential office or bedroom) have been given updated flooring throughout most of the apartment and both have semi modern kitchens. Unit 3 on the third...Highest and best by May 1st 5:00 p.m. Now available in Allentown we have a 3-unit investment property perfect for owner occupant or to add to your real estate portfolio! Minutes away from restaurants, public transportation, PPL center, and route 22. Both the first-floor unit and the second-floor unit consists of 2 bedrooms (plus bonus room in unit 2, potential office or bedroom) have been given updated flooring throughout most of the apartment and both have semi modern kitchens. Unit 3 on the third floor is a very spacious studio apartment. The first-floor unit is currently vacant allowing the new owner the choice to move into the property or rent it out on their terms. Each unit has separate electric and therefore pay for their own heat as well. Owner pays for water, sewer, trash and lawn care / snow removal. Schedule your appointment today!
  1. Listed by Jason D. Hall • Cassidon Property Management
  2. Listed by Andrew F. Pingyar III • Cassidon Property Management

Property Details for 225 North 7th Street

Area
Allentown-Central
Sub division
Not in Development

Location

Listing Courtesy of Cassidon Property Management
Add your commute
LISTING UPDATED: 04/29/2024 01:30 PM

Property Details for 225 North 7th Street

StatusAvailable
MLS #736496
Days on Market11
Taxes$2,948 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1890
CountyLehigh County

Location

Listing Courtesy of Cassidon Property Management
Add your commute

Building Information for 225 North 7th Street

Building/Complex225 N 7th StFloor-Stories3Residences3Pet Policy-Year Built1890Building Size-

Payment Calculator

$2,046 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,800

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 225 North 7th Street

Summary
Location and General Information
  • Directions: From PA-33 S take the US-22 W exit toward Bethlehem/Allentown. Take the PA-145/MacArthur Rd exit toward 7th St. Left onto PA-145/MacArthur Rd. Destination on left hand side after about 1.5 miles
  • School District: Allentown
Parking
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $342.47
  • Lawn Snow Removal: $215
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $554.20
  • School Taxes: $2,051.47
  • Total Taxes: $2,948.14
Property
Lot Information
  • Acres: 0.067
  • APN: 640701676212 1
  • Lot Size Source: Tax Records
  • Zoning Code: B1/R
Property and Assessments
  • County Assessment: $90,600.00
  • Property SubType Category: Apartment Style
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 420
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1523
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $38,040.00
  • Insurance: $2,187
  • Net Income: $32,570.00
  • Operating Expense: $5,470
  • Other Expenses: $0
  • Trash Removal: 1125
  • Total Unit Count: 3
  • Total Units: 3

Property History for 225 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 225 North 7th Street

Taxable ValueLand$7,900Additions$82,700Total$90,600
Tax Record2024$2,948 ($246 / month)
Home Facts
Baths3Total Finished SqFt2,882 SqFtAbove Grade Finished SqFt2,882 SqFtStories3Lot Size2,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningB1/RCountyLEHIGHAPN640701676212-1

Schools near 225 North 7th Street

This home is within Allentown City School District.
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

William Allen 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.

Similar Homes

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Similar Sold Homes

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225 North 7th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on April 22, 2024 by Cassidon Property Management, it's currently listed at $329,900. It has been on the market for a total of 11 days and was last sold on June 28, 2017. This listing's school district is Allentown City School District. Nearby schools include Central El School, Harrison-Morton Middle School and William Allen High School. 225 North 7th Street is a 0-bed, 0-bath, 2,882 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cassidon Property Management

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.