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Sold for $265,000
  • $265,000

    425 W W LIBERTY STREET, ALLENTOWN, PA 18102

    --beds
    --baths
    1,792sqft
    Triplex
    Built in 1898
    -- sqft lot
    $281,100 Zestimate®
    $148/sqft
    $1,449 Estimated rent

    Home value

    $281,100

    $236,000 - $326,000

    $1,449/mo

    Zestimate® history
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    $1,449/mo

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    $1,735/mo

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    $1,735/mo

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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:

    Listing updated:

    Listed by:

    james J Reardon,

    eXp Commercial

    Bought with:

    james J Reardon, RS342638

    eXp Commercial

    Source: eXp Realty,MLS#: PALH2006076

    Facts & features

    Interior

    Heating
    • Baseboard - Electric, Electric
    Cooling
    • Window Unit(s)
    Features
    • Basement: Poured Concrete, Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,792
    • Total interior livable area: 1,792 sqft
    • Finished area above ground: 1,792
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Free, Off Street, On Street
    Features
    • Exterior features: Exterior Lighting, Sidewalks, Street Lights
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,742 Square Feet
    • Dimensions: 16.00 x 120.00
    Details
    • Zoning: R-MH

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $148/sqft
    • Annual tax amount: $1,991
    • Date on market: 8/28/2023
    • Cumulative days on market: 42 days
    • Listing terms: Conventional,FHA,Cash
    • Inclusions: All appliances
    • Exclusions: Tenants personal property
    • Total actual rent: 36000

    Price history

    DateEventPrice
    5/6/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/13/2024Listed for rent$1,275$1/sqft
    Source: Zillow Rentals Report a problem
    4/13/2024Listing removed--
    Source: GLVR #735934 Report a problem
    4/11/2024Listed for rent$1,275$1/sqft
    Source: GLVR #735934 Report a problem
    9/21/2023Sold$265,000$148/sqft
    Source: eXp Realty #179996633 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: eXp Realty. 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
    $281,100
    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
    $281,100