754 North 4th Street

754 North 4th Street

Allentown, PA 18102

$945,000
Price
12
Beds
6
Baths
2,400 Sq. Ft.
$394 / Sq. Ft.
2,400
Sq. Ft.
$394
per Sq. Ft.

Under Agreement

Virtual Tour

Under Agreement

Virtual Tour

a city street lined with buildings and cars parked on the side of road
a view of a city street with building
a front view of a residential apartment building with a yard
an empty room with windows
a view of a hallway to a livingroom and furniture
a kitchen with a refrigerator and a stove
a living room with furniture a window and gym equipment
a room with lots of baby toys and wooden floor
a view of a dining room with furniture and wooden floor
a view of a bedroom with furniture and wooden floor
an empty room with windows
a view of an empty room and wooden floor
an empty room with wooden floor and windows
a view of a room with workspace and a window
a living room with furniture and a window
a living room with furniture and window
a living room with furniture and a large window
a room with a bed and a window
a view of a small space with wooden floor
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances a stove a sink and a refrigerator
a city street with tall buildings
a view of a building from a patio

Description

NEW PRICE ALL COMPLETED CITY CO. $108,000 Gross Income, $77500 Net Income, 8% hard Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK...NEW PRICE ALL COMPLETED CITY CO. $108,000 Gross Income, $77500 Net Income, 8% hard Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK construction has had a total facelift including a facade and has a very well-maintained roof. Tenants pay all utilities and include reimbursement. These are great tenants, have been there for over a year and treat their apartments beautifully. ALL Leases are $1500 with room to grow. It is rare to find this type of property in downtown as many properties have been purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center
  1. Listed by Christopher J. Carr • HomeZu

Property Details for 754 North 4th Street

Area
Allentown-Central
Sub division
Not in Development

Location

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LISTING UPDATED: 05/31/2024 02:45 PM

Property Details for 754 North 4th Street

StatusUnder Agreement
MLS #737816
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Complex
Year Built1900
Lot Size-
CountyLehigh County

Location

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Building Information for 754 North 4th Street

Stories-Residences6Year Built1900Building Size-Lot Size-

Payment Calculator

$5,859 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,157

Property Taxes

$702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 754 North 4th Street

Summary
Location and General Information
  • Directions: Hamilton street to N 4th to right on Washington st
  • School District: Allentown
Parking
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • Lawn Snow Removal: $0
  • Maintenance Repair: $5,000
  • Management: 4000
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Property
Lot Information
  • APN: 640715102561 001
  • Zoning Code: Multi
Property and Assessments
  • County Assessment: $250,500.00
  • Property SubType Category: Complex, Detached
  • Square Footage Source: Estimated
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Window ACs
  • Electric: 450
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 2600
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $108,000.00
  • Insurance: $3,400
  • Net Income: $78,500.00
  • Operating Expense: $21,200
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 6
  • Total Units: 6
Unit 2
  • Unit Total2 Bedrooms: 6

Property History for 754 North 4th 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 754 North 4th Street

Taxable ValueLand$36,000Additions$214,500Total$250,500
Tax Record2024$8,421 ($702 / month)
Home Facts
Total Finished SqFt6,780 SqFtAbove Grade Finished SqFt6,780 SqFtStories3Lot Size2,400 SqFtStyleMulti-Family Dwelling (2-4)ZoningR-MHCountyLEHIGHAPN640715102561-1

Schools near 754 North 4th Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Sheridan El School
Public - 1 to 5
Trexler Middle School
Public - 6 to 8
William Allen High School
Public - 9 to 12
Building 21 Allentown
Public - 9 to 12
Rating
School
Distance
Sheridan El School
Public1 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.

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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 HomeZu

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.