706 North 12th Street

Allentown, PA 18102

$290,000
Price
4
Beds
2
Baths
1,830 Sq. Ft.
$158 / Sq. Ft.
1,830
Sq. Ft.
$158
per Sq. Ft.

Description

Introducing a rare and exceptional investment opportunity - 2 Unit Cash Cow Property! Fantastic potential in the detached 2 unit. Two fully occupied units generating a combined NET around (after all expenses) $2200 monthly and $26,400 yearly income. Stable and long-term tenants with a proven track record of timely payments. All utilities paid by tenant except (heat) gas is paid by the landlord in winters only. Ready for the new landlord to collect rent. Don't miss out on this incredible chance to...Introducing a rare and exceptional investment opportunity - 2 Unit Cash Cow Property! Fantastic potential in the detached 2 unit. Two fully occupied units generating a combined NET around (after all expenses) $2200 monthly and $26,400 yearly income. Stable and long-term tenants with a proven track record of timely payments. All utilities paid by tenant except (heat) gas is paid by the landlord in winters only. Ready for the new landlord to collect rent. Don't miss out on this incredible chance to add a lucrative property to your portfolio. Property is being sold AS IS and CO will be buyer's responsibility. Showing are available only on the weekends and must be scheduled with listing agent.

Property Details for 706 North 12th Street

Area
Allentown-Central
Sub division
Not in Development

Location

Listing Courtesy of Keller Williams Real Estate
Add your commute
LISTING UPDATED: 05/07/2024 11:30 PM

Property Details for 706 North 12th Street

StatusAvailable
MLS #736566
Days on Market26
Taxes$2,534 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1912
CountyLehigh County

Location

Listing Courtesy of Keller Williams Real Estate
Add your commute

Building Information for 706 North 12th Street

Building/Complex706 N 12th StFloor-Stories-Residences2Pet Policy-Year Built1912Building Size-

Payment Calculator

$1,794 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,583

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 706 North 12th Street

Summary
Location and General Information
  • Directions: From Cedar Crest Blvd: Turn onto W Chew St, slight left onto College Heights Blvd, right onto Tilghman St, left on N 12th St. Home on left.
  • School District: Allentown
Parking
  • Garage: On Street
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $295.22
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $469.91
  • School Taxes: $1,768.43
  • Total Taxes: $2,533.56
Property
Lot Information
  • APN: 549762883335 001
  • Zoning Code: R-MH
Property and Assessments
  • County Assessment: $78,100.00
  • Property SubType Category: Apartment Style, Row/Townhouse
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air, Wall AC
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $2,000
  • Heat Type: Baseboard, Gas
Multi Family
Multi-Family Information
  • Gross Income: $30,000.00
  • Insurance: $800
  • Net Income: $26,400.00
  • Operating Expense: $3,600
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 2
  • Total Units: 2
Unit 1
  • Unit Total1 Bedroom: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 706 North 12th 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 706 North 12th Street

Taxable ValueLand$6,400Additions$71,700Total$78,100
Tax Record2024$2,534 ($211 / month)
Home Facts
Baths2Total Finished SqFt1,830 SqFtAbove Grade Finished SqFt1,830 SqFtStories3Lot Size1,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningR-MHCountyLEHIGHAPN549762883335-1

Schools near 706 North 12th 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
Luis A. Ramos El School
PublicK to 5

Trexler 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.

706 North 12th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on April 23, 2024 by Keller Williams Real Estate, it's currently listed at $290,000. It has been on the market for a total of 26 days and was last sold on October 11, 2019. This listing's school district is Allentown City School District. Nearby schools include Luis A. Ramos El School, Trexler Middle School and William Allen High School. 706 North 12th Street is a 4-bed, 2-bath, 1,830 sqft multi-family home built in 1912.

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 Keller Williams 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.