Allentown, PA 18102,425 W W LIBERTY ST
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Allentown, PA 18102,425 W W LIBERTY ST
Allentown, PA 18102,425 W W LIBERTY ST
Allentown, PA 18102,425 W W LIBERTY ST
Allentown, PA 18102,425 W W LIBERTY ST

$265,000

Est. payment /mo

$300,000

11.7%
Est.Price: ?

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425 W W LIBERTY ST Allentown, PA 18102

1,792 SqFt

SOLD DATE : 09/28/2023

Key Details

Sold Price $265,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $147

MLS Listing ID PALH2006076

Sold Date 09/28/23

Style Other

Abv Grd Liv Area 1,792

Originating Board BRIGHT

Year Built 1898

Annual Tax Amount $1,991

Tax Year 2022

Lot Size 1,920 Sqft

Acres 0.04

Lot Dimensions 16.00 x 120.00

Property Description

3-unit Projected 9.51% cap% at asking price. PROJECTED Potential $36,000 gross or more income and $28,551 Net income. That number includes using property management which could be transferred to new owner-or manage yourself and save. That includes projected rent of $1150 for the vacant which we will leave vacant as someone can buy and be an owner-occupant! Owners will rent out before closing if buyers ask for that. Owners recently invested $15K into this all-brick, 3-unit multifamily, located in the heart of Allentown with amazing curb appeal, parking in the rear, and recent improvements including NEW flooring in some units, updated plumbing with PEX piping and updated electrical. Offered with a CLEAR CO (certificate of occupancy). Parking spots behind the building could be increased. The property is walking distance to center city Allentown, next to new construction luxury apartments, and a few blocks from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. The seller has a few other properties to be listed shortly if someone wants to increase their quickly. One of the sellers is a licensed RE agent.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning R-MH

Rooms

Basement Poured Concrete, Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

View City

Accessibility 2+ Access Exits

Parking Type Off Street, On Street

Total Parking Spaces 2

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Allentown

Others

Tax ID 640713457574-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, FHA, Cash

Listing Terms Conventional, FHA, Cash

Financing Conventional,FHA,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by james J Reardon • eXp Commercial
Bought with james J Reardon • eXp Commercial

David Huber

Agent | License ID: 1973972

+1(856) 322-2700

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