2312 South 5th Street

Allentown, PA 18103

$450,000
Price
6
Beds
3
Baths
11,685 Sq. Ft.
$39 / Sq. Ft.
11,685
Sq. Ft.
$39
per Sq. Ft.

Description

Excellent Investment Property featuring 36 climate controlled self storage units and 3 apartments. The storage facility includes loading dock access, individual key pad entry, office, 2 maintenance/tool rooms, new gas heating system installed 2016 and a large basement that can be used for additional storage options. The 3 Apartments are fully occupied with tenants paying heat and electric. A solid history of occupancy and a true value add option to add to your portfolio.

Amenities

Air ConditioningBasementCommon Storage

Location

Listing Courtesy of Steel City Realty

Building Information for 2312 South 5th Street

Building/Complex-Floor-Stories3Residences39Pet Policy-Year Built-Building Size-

Payment Calculator

$2,433 per month

30 year fixed, 3.51% Interest

Principal and Interest

$1,619

Property Taxes

$814

HOA Dues

$0

Similar Homes

Property Information for 2312 South 5th Street

Summary
    Location and General Information
  • Area: Allentown-South
  • Directions: From 78. Take 145 North. Left on W Emmaus Ave. Left on S 5th St. Property on Right.
  • School District: Allentown
  • Sub division: Not in Development
    Parking
  • Parking: Paved Lot
  • ParkingSpaces: 9
    Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,116.00
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $2,500.00
  • School Taxes: $6,153.00
  • Total Taxes: $9,769.00
Property
    Lot Information
  • APN: 640651803000001
  • Lot Dimensions: 80 x 166
  • Zoning Code: RL
    Property and Assessments
  • County Assessment: $306,500.00
  • Features: Fire Escape
  • Property SubType Category: Apartment Style, Commercial, Mixed Use
  • Year Built Exception: Unknown
    Utilities
  • Cooling: No Air
  • Electric: 1644
  • Gas: $1,162
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1126
Interior and Exterior Features
    Exterior Features
  • Construction: Other
    Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Electric, Gas
Multi Family
    Multi-Family Information
  • Insurance: $2,566
  • Net Income: $55,781.00
  • Operating Expense: $16,267
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 3
  • Total Units: 39
    Unit 1
  • Unit Total1 Bedroom: 1
    Unit 2
  • Unit Total2 Bedrooms: 1
    Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 2312 South 5th Street

DateEvent & SourcePriceAppreciation
Jan 14, 2020

Price Change

GLVRMLS #625454

$450,000
Oct 4, 2019

Listed (Active)

GLVRMLS #625454

$510,000
Feb 18, 2016

Closed

GLVRMLS #498675

$428,571
DateEvent & SourcePrice
01/14/2020

Price Change

GLVRMLS #625454

$450,000
10/04/2019

Listed (Active)

GLVRMLS #625454

$510,000
02/18/2016

Closed

GLVRMLS #498675

$428,571

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

Schools near 2312 South 5th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
South Mountain Middle SchoolPublic6-80.3 mi
3
Hiram W Dodd El SchoolPublicK-50.4 mi
4
Building 21 AllentownPublic9-101.7 mi
NR
Louis E Dieruff High SchoolPublic9-123.2 mi
2

South Mountain Middle School

6-8, 0.3 mi, Public

3

Hiram W Dodd El School

K-5, 0.4 mi, Public

4

Building 21 Allentown

9-10, 1.7 mi, Public

NR

Louis E Dieruff High School

9-12, 3.2 mi, Public

2

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.

Property Details for 2312 South 5th Street

StatusActive
MLS #625454
Year Built-
DOM139
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Taxes$9,769 / year
Condo/Co-op Fees-
HOA Fees-
CountyLehigh County

Listing Agent

Jennifer L. DeJesus

Steel City Realty

jen@dejesusteam.com

P: (610) 217-6330

M: 881263529

Contact Agent(s)

Similar Homes

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2312 South 5th Street is a multi-family home for sale in Allentown, PA 18103. This property was listed for sale on October 4, 2019 by Steel City Realty at $450,000. It has been on the market for a total of 139 days and was last sold on February 18, 2016. Nearby schools include Hiram W Dodd El School, South Mountain Middle School and Building 21 Allentown. 2312 South 5th Street is a 6-bed, 3-bath, 11,685 sqft multi-family home.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Steel City Realty
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