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Sold for $230,000
  • $230,000

    117.5 N Penn St, Allentown, PA 18102

    5beds
    1,200sqft
    Townhouse, Multi Family
    Built in 1895
    871 Square Feet Lot
    $196,000 Zestimate®
    $192/sqft
    $1,881 Estimated rent

    Home value

    $196,000

    $169,000 - $221,000

    $1,881/mo

    Zestimate® history
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    $1,881/mo

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    $1,881/mo

    Rent Zestimate®

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    $1,610/mo

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    $1,610/mo

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    What's special

    Attention savvy investors! Get ready to elevate your portfolio with this exceptional two-unit property located at 117.5 N Penn St in Allentown. Boasting a rare combination of a 1-bedroom and a 4-bedroom unit, this property promises diverse rental income streams. With a gross income of $27,000 and a net income of $23,252 annually, this investment is a true cash cow. Priced competitively at $230,000, and with the owner responsible for taxes, trash, and insurance, managing this property is a breeze. Tenants handle all other utilities, further enhancing your return. Situated in a prime location in Allentown, this property offers tremendous rental potential. Don't miss out on this golden opportunity to secure a lucrative investment with a strong cap rate for this area. Act now and make this income-generating asset yours today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer L. DeJesus 610-217-6330,

    Steel City Realty

    Bought with:

    Marianita Velez

    BHGRE Valley Partners - Emmaus

    Source: GLVR,MLS#: 732484MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: No Garage, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two and One Half
    • Stories: 2.5
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 640721160538001
    • Zoning: R-H-HIGH DENSITY RESIDENT
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $80,300
    • Annual tax amount: $2,548
    • Date on market: 2/28/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/3/2024Sold$230,000$192/sqft
    Source: GLVR #732484 Report a problem
    5/6/2024Pending sale$230,000$192/sqft
    Source: GLVR #732484 Report a problem
    4/17/2024Listed for sale$230,000$192/sqft
    Source: GLVR #732484 Report a problem
    3/2/2024Pending sale$230,000$192/sqft
    Source: GLVR #732484 Report a problem
    2/28/2024Listed for sale$230,000$192/sqft
    Source: GLVR #732484 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Jordan Heights/Old Fairgrounds

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Allentown

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $196,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $196,000