537 Liberty Street

Allentown, PA 18102

$369,900
Price
4
Beds
3
Baths
2,584 Sq. Ft.
$143 / Sq. Ft.
2,584
Sq. Ft.
$143
per Sq. Ft.

Description

Here’s your chance to be a part of Allentown's revitalization. Impeccably maintained Allentown 3-Unit, perfect for an investor with a solid 8% CAP Rate or owner-occupant! This property features the perfect blend of historic elegance and contemporary updates. The well-designed layout offers comfortable living spaces & seamless flow, creating an inviting environment for occupants. Parking is always a priority, and ensures convenience w/ both off & on-street parking with 4 off street parking spaces....Here’s your chance to be a part of Allentown's revitalization. Impeccably maintained Allentown 3-Unit, perfect for an investor with a solid 8% CAP Rate or owner-occupant! This property features the perfect blend of historic elegance and contemporary updates. The well-designed layout offers comfortable living spaces & seamless flow, creating an inviting environment for occupants. Parking is always a priority, and ensures convenience w/ both off & on-street parking with 4 off street parking spaces. Property features (1) 2 Bedroom Apartment and (2) 1 Bedroom Apartments. All units have been fully updated and the entire building has been rewired and is all electric. Tenants pay all utilities. This property guarantees steady & lucrative rental income, along with an affordable and comfortable way of living for an owner occupant. Conveniently located near the heart of Allentown’s redevelopment shops, restaurants, parks, and major transportation routes. Just a few blocks from over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more. Residents will enjoy easy access to all the amenities the area has to offer. Property being sold with a clear CO from City of Allentown. This property is a must see!
  1. Listed by Andrew A. Ginsburg • BHHS Regency Real Estate

Property Details for 537 Liberty Street

Area
Allentown-Central
Sub division
Old Frgrnds Historic

Location

Listing Courtesy of BHHS Regency Real Estate
Add your commute
LISTING UPDATED: 04/24/2024 12:50 PM

Property Details for 537 Liberty Street

StatusUnder Agreement
MLS #735797
Days on Market12
Taxes$2,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1890
CountyLehigh County

Location

Listing Courtesy of BHHS Regency Real Estate
Add your commute

Building Information for 537 Liberty Street

Building/Complex537 Liberty StFloor-Stories3Residences3Pet Policy-Year Built1890Building Size-

Payment Calculator

$2,202 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 537 Liberty Street

Summary
Location and General Information
  • Directions: South on 7th - Left on Liberty - Property on Left
  • School District: Allentown
Parking
  • Garage: Off & On Street
  • ParkingSpaces: 4
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $256.28
  • Lawn Snow Removal: $500
  • Maintenance Repair: $3,000
  • Management: 0
  • Municipal Taxes: $408.77
  • School Taxes: $1,535.21
  • Total Taxes: $2,200.26
Property
Lot Information
  • Acres: 0.044
  • APN: 640703721552001
  • Lot Dimensions: 17 x 110
  • Lot Size Source: Tax Records
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
Property and Assessments
  • County Assessment: $67,800.00
  • Features: Fire Escape
  • Property SubType Category: Apartment Style, Row-End Unit
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 480
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1440
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $42,060.00
  • Insurance: $1,447
  • Net Income: $30,245.00
  • Operating Expense: $10,612
  • Other Expenses: $0
  • Trash Removal: 1245
  • Total Unit Count: 3
  • Total Units: 3
Unit 1
  • Unit Total1 Bedroom: 2
Unit 2
  • Unit Total2 Bedrooms: 1

Property History for 537 Liberty 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 537 Liberty Street

Taxable ValueLand$5,600Additions$62,200Total$67,800
Tax Record2024$2,200 ($183 / month)
Home Facts
Baths3Total Finished SqFt2,584 SqFtAbove Grade Finished SqFt2,584 SqFtStories3Lot Size1,925 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningR-MHCountyLEHIGHAPN640703721552-1

Schools near 537 Liberty 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.

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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 BHHS Regency 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.