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$475,000

  • Sold
  • Closed
  • Apartment
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,255 Sq. Ft.
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$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.

Full Property Details for 514 N 15th St

General

  • Sold For: $475,000
  • Taxes: $5,746
  • Status: Closed
  • Type: Apartment
  • Source: Lehigh_Valley
  • MLS ID: 726685
  • Added to Site: 883 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Hardwood, Patio

Parking

  • Parking: Garage

Location

  • Area: Allentown-Central
  • County: Lehigh
  • Subdivision: Not in Development
  • Cross Streets: Early Street

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: Wall AC
  • Heating Type: 1

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • Construction: Brick, Vinyl
  • Square Feet: 3,255
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,800
  • Lot Size Source: Tax Records
  • Zoning: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Financial Considerations

  • Tax Amount: $5,746

Disclosures and Reports

  • Special Conditions: Not Applicable

Listed by EXP Realty LLC
Sold by TSB Property

Listing agent

— 514 N 15th St —

  • EXP Realty LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 514 N 15th St

School District:Allentown City School District
NameGradesDistance
Luis A. Ramos El School
1430 West Allen Street, Allentown, PA 18102
K-50.1 mi
Trexler Middle School
851 North 15th Street, Allentown, PA 18102
6-80.4 mi
William Allen High School
106 N 17th St, Allentown, PA 18104
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 514 N 15th St

Date
Details
Price
Change
Source
2/01/2024
Sold
$475,000
-13.64%
MLS
11/08/2023
Price Reduced
$550,000
-15.38%
MLS
11/03/2023
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty LLC
Sold by TSB Property

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514 North 15th Street, Allentown City, PA 18102 (MLS# 726685) is a Apartment property that was sold at $475,000 on February 01, 2024. Want to learn more about 514 North 15th Street? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.