543 North 7th Street

Allentown, PA 18102

$250,000
Price
3
Beds
2
Baths
1,539 Sq. Ft.
$162 / Sq. Ft.
1,539
Sq. Ft.
$162
per Sq. Ft.

Description

Attention investors! Make this super clean, brick TWO UNIT with an 8% CAP rate the next add to your investment portfolio. Great long term tenants paying market rents with long term leases in place. 1st floor tenant pays electric heat and trash. 2nd floor pays gas heat, electric and trash. Two parking spaces are in included in the rear of the property for convenient off street parking. Buyer will be responsible for the city of Allentown CO and property is being sold "as is". Unit is conveniently located...Attention investors! Make this super clean, brick TWO UNIT with an 8% CAP rate the next add to your investment portfolio. Great long term tenants paying market rents with long term leases in place. 1st floor tenant pays electric heat and trash. 2nd floor pays gas heat, electric and trash. Two parking spaces are in included in the rear of the property for convenient off street parking. Buyer will be responsible for the city of Allentown CO and property is being sold "as is". Unit is conveniently located within walking distance to local restaurants, shopping and all downtown has to offer.
  1. Listed by Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt

Property Details for 543 North 7th Street

Area
Allentown-Central
Sub division
Not in Development

Location

Listing Courtesy of Full CircleRealty&PropertyMgmt
Add your commute
LISTING UPDATED: 04/06/2024 07:25 AM

Property Details for 543 North 7th Street

StatusAvailable
MLS #735571
Days on Market24
Taxes$1,891 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1890
CountyLehigh County

Location

Listing Courtesy of Full CircleRealty&PropertyMgmt
Add your commute

Building Information for 543 North 7th Street

Building/Complex543 N 7th StFloor-Stories2Residences2Pet Policy-Year Built1890Building Size-

Payment Calculator

$1,522 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$158

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 543 North 7th Street

Summary
Location and General Information
  • Directions: Take Rt 22 to 7th Street (MacArthur Rd exit) and head towards downtown Allentown. Property is on the left.
  • School District: Allentown
Parking
  • ParkingSpaces: 2
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • Lawn Snow Removal: $300
  • Maintenance Repair: $0
  • Management: 1928
  • Total Taxes: $1,891.00
Property
Lot Information
  • Acres: 0.047
  • APN: 640703030491001
  • Zoning Code: B1/R
Property and Assessments
  • County Assessment: $57,600.00
  • Property SubType Category: Apartment Style
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 300
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 960
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Baseboard, Electric, Gas
Multi Family
Multi-Family Information
  • Gross Income: $27,540.00
  • Insurance: $1,000
  • Net Income: $21,161.00
  • Operating Expense: $6,379
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 2
  • Total Units: 2
Unit 1
  • Unit Total1 Bedroom: 1
Unit 2
  • Unit Total2 Bedrooms: 1

Property History for 543 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 543 North 7th Street

Taxable ValueLand$5,900Additions$51,700Total$57,600
Tax Record2024$1,891 ($158 / month)
Home Facts
Baths3Total Finished SqFt1,539 SqFtAbove Grade Finished SqFt1,539 SqFtStories3Lot Size2,034 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningB1/RCountyLEHIGHAPN640703030491-1

Schools near 543 North 7th 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

543 North 7th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on April 6, 2024 by Full CircleRealty&PropertyMgmt, it's currently listed at $250,000. It has been on the market for a total of 24 days and was last sold on December 27, 2018. This listing's school district is Allentown City School District. Nearby schools include Cleveland El School, Francis D Raub Middle School and William Allen High School. 543 North 7th Street is a 3-bed, 2-bath, 1,539 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 Full CircleRealty&PropertyMgmt

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.