521 North 6th Street

Allentown, PA 18102

$240,000
Last Sold Price
5
Beds
3
Baths
2,208 Sq. Ft.
$109 / Sq. Ft.
2,208
Sq. Ft.
$109
per Sq. Ft.

Description

INVESTOR ALERT- Fully rented, City Approved 5 Unit rooming house earning almost 11% CAP rate at purchase price. Turn Key and ready for new ownership. Property consists of garage rental, 3rd floor private apt, 4- 2 room units w/ kitchenette area in each unit. Updated electric, plumbing, windows, & hard wired smoke detectors throughout. This is one to add to your portfolio. Schedule your showing today!INVESTOR ALERT- Fully rented, City Approved 5 Unit rooming house earning almost 11% CAP rate at purchase price. Turn Key and ready for new ownership. Property consists of garage rental, 3rd floor private apt, 4- 2 room units w/ kitchenette area in each unit. Updated electric, plumbing, windows, & hard wired smoke detectors throughout. This is one to add to your portfolio. Schedule your showing today!
  1. Listed by Jeffrey S. Adams • RE/MAX Unlimited Real Estate

Property Details for 521 North 6th Street

Area
Allentown-Central
Sub division
Old Frgrnds Historic

Location

Listing Courtesy of RE/MAX Unlimited Real Estate

Sold By Steel City Realty

Add your commute
LISTING UPDATED: 05/20/2022 06:14 PM

Property Details for 521 North 6th Street

StatusSold & Settled
MLS #679727
Days on Market151
Taxes$2,447 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1890
CountyLehigh County

Location

Listing Courtesy of RE/MAX Unlimited Real Estate

Sold By Steel City Realty

Add your commute

Building Information for 521 North 6th Street

Building/Complex521 N 6th StFloor-Stories3Residences5Pet Policy-Year Built1890Building Size-

Payment Calculator

$1,514 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,310

Property Taxes

$204

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 North 6th Street

Summary
Location and General Information
  • Directions: Hamilton St East to Left on 6th to property on Right
  • School District: Allentown
Parking
  • Parking: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $297.49
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $457.31
  • School Taxes: $1,692.33
  • Total Taxes: $2,447.13
Property
Lot Information
  • Acres: 0.044
  • APN: 640703539721 001
  • Lot Size Source: Tax Records
  • Zoning Code: R-MH-Medium Density Residential
Property and Assessments
  • County Assessment: $78,700.00
  • Features: Fire Escape, Hardwood
  • Property SubType Category: Apartment Style
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1320
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $4,200
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $36,000.00
  • Insurance: $1,500
  • Net Income: $28,980.00
  • Operating Expense: $7,020
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 6
  • Total Units: 5

Property History for 521 North 6th 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 521 North 6th Street

Taxable ValueLand$5,600Additions$73,100Total$78,700
Tax Record2024$2,537 ($211 / month)
Home Facts
Baths3Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories3Lot Size1,921 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningR-MHCountyLEHIGHAPN640703539721-1

Schools near 521 North 6th Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cleveland El School
Public1 to 5

Francis D Raub 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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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 RE/MAX Unlimited Real Estate

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.