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Sold for $475,000 on 02/01/24
  • $475,000

    514 N 15th St, Allentown, PA 18102

    5beds
    3,255sqft
    Townhouse, Multi Family, Apartment, Single Family Residence
    Built in 1910
    4,791.6 Square Feet Lot
    $266,600 Zestimate®
    $146/sqft
    $1,737 Estimated rent

    Owner options

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    $1,737/mo

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    $1,737/mo

    Rent Zestimate®

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    $2,975/mo

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    $2,975/mo

    Est. payment

    What's special

    $60K ACTUAL Gross, $49K Net, 8.91%+ CAP @ Asking. This turnkey multi-family investment comes with a CLEAR Certificate of Occupancy & 3 (three) renovated apartments & 6 (six), single-car garages, across three structures, on one parcel, with the potential to build. The 1st building is a 1900 SF single-family home with 3/4BRs, 1.5 BA, with a brand-new kitchen, new paint, updated floors, 1st FL wash/dryer & significant upgrades throughout. The 2nd & 3rd buildings each hold 1-BR/1BA apartments with three (3) individual car garages below (totaling 6). Both 1BR apartments are being completely gutted & remodeled with Brand NEW paint, flooring, stainless appliances, washers/dryers, updated electric, etc. Ten-year-old roof. All utilities are separated & paid by the tenant. Across the ST from Luis Ramos Elementary, Jackson Childhood Cntr, & walking distance to LV Hospital, CVS, & other amenities.

    Zillow last checked: 7 hours ago

    Listing updated: February 02, 2024 at 10:29am

    Listed by:

    Joshua Schoenberger 888-397-7352,

    EXP Realty LLC

    Bought with:

    Elias G. Boutros, RS293806

    TSB Property

    Source: GLVR,MLS#: 726685MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Electric, Gas
    Cooling
    • Wall Unit(s)
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,255 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Stories: 3
    • Patio & porch: Patio
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 549751432261001
    • Zoning: R-MH-MEDIUM HIGH DENSITY
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family, Apartment, Single Family Residence
    Materials
    • Brick, Vinyl Siding
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $266,600
    2% more+$5,332
    With Zillow Showcase(estimated)$271,932