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Off market
  • $1,298,300

    1901 W Allen St, Allentown, PA 18104

    --beds
    0baths
    5,180sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,298,300 Zestimate®
    $251/sqft
    $1,755 Estimated rent

    Home value

    $1,298,300

    $1.06M - $1.58M

    $1,755/mo

    Zestimate® history
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    $1,755/mo

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    $8,338/mo

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    What's special

    Opportunity to own 2 high profile corners in the West End Theatre District w/7 units & 30 car parking lot. 1901 W. Allen St. and 1902 W. Allen St. being sold as a package. Combined Gross Income $116,887 - Combined Net Operating Income $80,061. ******* 1901 W. Allen St. Prime corner 5 unit building w/30 car parking lot. 2 commercial store fronts on the 1st flr w/3 apts. above. Each unit pays their own utilities & the building is fully occupied. New roof 2014. Gross Income w/CAM is $67,956 Total Expense: $24,876 (Taxes $13,176 - Ins. $2,500 - Maintenance $2,000 - Snow $5,000 - W & S $2,200) Net Operating Income $43,080 ******* 1902 W. Allen St. Prime corner w/2 commercial store fronts with additional income from rooftop billboards. Each tenant pays their own utilities & the building is fully occupied. Gross Income with CAM is $48,912 Total Expenses: $11,950 (Taxes $7,450 - Ins. $1,500 - Repairs $1,000 - Maintenance $1,500 - W & S $500.00) Net Operating Income $36,962

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Heat pump, Electric
    Cooling
    • None
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 5,180 sqft

    Property

    Parking
    • Total spaces: 30
    Features
    • Exterior features: Other
    Lot
    • Size: 0.33 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Allentown

    Other

    Other facts
    • Construction: Brick
    • County: Lehigh
    • Parking: Paved Lot
    • PropertySubTypeCategory: Detached, Commercial
    • PropertyType: Investment Property
    • Sewer: Public
    • Status: Available
    • Water: Public
    • Cooling: No Air
    • SpecialConditions: Not Applicable

    Price history

    DateEventPrice
    12/12/2018Sold$930,000-7%$180/sqft
    Source: GLVR #570230 Report a problem
    5/9/2018Price change$999,900+66.7%$193/sqft
    Source: BHHS Regency Real Estate #570230 Report a problem
    2/18/2018Listed for sale$599,900$116/sqft
    Source: BHHS Regency Real Estate #570230 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West End Theatre District

    Nearby schools

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

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

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    Estimated market value
    $1,298,300
    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
    $1,298,300