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.
Sold for $265,000
$265,000
425 W Liberty St APT 1, Allentown, PA 18102
3beds
3baths
1,792sqft
Townhouse
Built in 1898
-- sqft lot
$323,300 Zestimate®
$148/sqft
$1,682 Estimated rent
Home value
$323,300
$297,000 - $349,000
$1,682/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
james Reardon 484-866-2495,
eXp Commercial
Bought with:
james Reardon, RS342638
eXp Commercial
Source: Bright MLS,MLS#: PALH2006076
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 Square Feet
- 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 & HOA
Location
- Region: Allentown
- Municipality: ALLENTOWN CITY
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $61,200
- Annual tax amount: $1,991
- Date on market: 6/13/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,Cash
- Inclusions: All Appliances
- Exclusions: Tenants Personal Property
- Ownership: Fee Simple
- Total actual rent: 36000
- Income includes: Apartment Rentals
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2023 | Sold | $265,000-11.7%$148/sqft |
Source:  Bright MLS #PALH2006076 Report a problem | ||
| 8/27/2023 | Pending sale | $300,000$167/sqft |
Source:  GLVR #722218 Report a problem | ||
| 7/29/2023 | Listed for sale | $300,000$167/sqft |
Source: Bright MLS #PALH2006076 Report a problem | ||
| 6/23/2023 | Pending sale | $300,000$167/sqft |
Source: Bright MLS #PALH2006076 Report a problem | ||
| 3/3/2023 | Listed for sale | $300,000$167/sqft |
Source: GLVR #710395 Report a problem | ||
| 3/2/2023 | Pending sale | $300,000$167/sqft |
Source: GLVR #710395 Report a problem | ||
| 2/1/2023 | Listed for sale | $300,000+50%$167/sqft |
Source: GLVR #710395 Report a problem | ||
| 1/10/2023 | Sold | $200,000-29.8%$112/sqft |
Source: GLVR #706062 Report a problem | ||
| 12/13/2022 | Pending sale | $284,900$159/sqft |
Source: GLVR #706062 Report a problem | ||
| 12/12/2022 | Listed for sale | $284,900+184.9%$159/sqft |
Source: GLVR #706062 Report a problem | ||
| 9/17/2014 | Sold | $100,000-9%$56/sqft |
Source: GLVR #470998 Report a problem | ||
| 4/29/2014 | Listed for sale | $109,900+197%$61/sqft |
Source: Prudential Regency Real Estate #470998 Report a problem | ||
| 8/2/2013 | Sold | $37,000-7.3%$21/sqft |
Source: Public Record Report a problem | ||
| 6/7/2013 | Price change | $39,900+299%$22/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 5/31/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 5/27/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 5/23/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 5/21/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 5/14/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 5/12/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 5/2/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 4/27/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 4/23/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 4/21/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 4/16/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 4/14/2013 | Price change | $49,950+399.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 3/23/2013 | Price change | $10,000-80%$6/sqft |
Source: Auction.com Report a problem | ||
| 3/15/2013 | Listed for sale | $49,950-66.5%$28/sqft |
Source: Premier Choice Real Estate, LLC #446663 Report a problem | ||
| 10/31/2006 | Sold | $149,000+86.3%$83/sqft |
Source: Public Record Report a problem | ||
| 2/11/2005 | Sold | $80,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,330 | $61,200 |
| 2024 | $3,330 | $61,200 |
| 2023 | $3,330 | $61,200 |
| 2022 | $3,330 +3.4% | $61,200 |
| 2021 | $3,222 +1.5% | $61,200 |
| 2020 | $3,173 +11280.6% | $61,200 |
| 2019 | $28 +1.6% | $61,200 |
| 2018 | $27 | $61,200 |
| 2017 | -- | $61,200 |
| 2016 | -- | $61,200 |
| 2015 | -- | $61,200 |
| 2014 | -- | $61,200 +136.3% |
| 2012 | -- | $25,900 |
| 2011 | -- | $25,900 |
| 2010 | -- | $25,900 |
| 2009 | -- | $25,900 |
| 2008 | -- | $25,900 |
| 2007 | -- | $25,900 |
| 2006 | -- | $25,900 |
| 2005 | -- | $25,900 |
| 2004 | -- | $25,900 |
| 2003 | -- | $25,900 |
Find assessor info on the county website
Neighborhood: Jordan Heights/Old Fairgrounds
Nearby homes
- $265,000-- bd-- ba1.7k sqft425 W Liberty Street UNIT 1, Allentown, PA 18102Sold
- $1,2501 bd1 ba1.7k sqft425 W Liberty St FLOOR 2, Allentown, PA 18102For Rent
- $---- bd-- ba-- sqft425 W Liberty St APT 3, Allentown, PA 18102Off Market
- $210,0001 bd1 ba1.9k sqft423 W Liberty St, Allentown, PA 18102Sold
- $--1 bd1 ba656 sqft423 W Liberty St #1, Allentown, PA 18102Off Market
- $--3 bd1 ba1.1k sqft423 W Liberty St FLOOR 2, Allentown, PA 18102Off Market
- $200,0005 bd1 ba1.6k sqft427 W Liberty St, Allentown, PA 18102Off Market
- $209,7005 bd1 ba1.6k sqft421 W Liberty St, Allentown, PA 18102Off Market
Nearby schools
GreatSchools rating
- 5/10Central Elementary STREAM AcademyGrades: K-5Distance: 0.5 mi
- 2/10Francis D Raub Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Allentown
Source: Bright 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
$323,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$323,300
- Pennsylvania
- Lehigh County
- Allentown
- 18102
- Jordan Heights/Old Fairgrounds
- 425 W Liberty St Apartment 1
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