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Sold for $265,000 on 09/28/23
  • $265,000

    425 W Liberty St, Allentown, PA 18102

    3beds
    3baths
    1,792sqft
    Townhouse
    Built in 1898
    -- sqft lot
    $309,100 Zestimate®
    $148/sqft
    $2,094 Estimated rent

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 28, 2023 at 05:02pm

    Listed by:

    james Reardon 484-866-2495,

    eXp Commercial

    Bought with:

    james Reardon, RS342638

    eXp Commercial

    Source: Bright MLS,MLS#: PALH2006076MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,792
    • Total interior livable area: 1,792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Free, Off Street, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Exterior features: Lighting, Sidewalks, Street Lights
    • Pool features: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,920 sqft
    • Dimensions: 16.00 x 120.00
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 64071345757400001
    • Zoning: R-MH
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    Condition
    • Good
    • New construction: No
    • Year built: 1898

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Municipality: ALLENTOWN CITY

    HOA & financial

    Other financial information
    • Total actual rent: 36000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Conventional,FHA,Cash
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $309,100
    2% more+$6,182
    With Zillow Showcase(estimated)$315,282