318 N 7th Unit 318

Allentown City, PA 18102
Beds
5
Baths
3
Square Ft.
2,260
$425,000
Well-located three-unit multifamily asset generating $44,341 in gross income and $39,575 in net income. The property consists of a standalone single-family residence at 318 and a separate two-unit building at 320, providing clear operational separation. The unit mix includes two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units are fullyRead MoreRead Less
Courtesy of EXP Realty LLC 888-397-7352
Listing Snapshot
Days Online
16
Last Updated
Property Type
Apartment
Beds
5
Full Baths
3
Square Ft.
2,260
Lot Size
0.06 Acres
Year Built
1890
MLS Number
770793
30 Days Snapshot Of 18102
$201k
-5%
(avg) sold price
19
-36%
homes sold
69
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1890, 2 stories total, Living area: 2260, Unit number: 318, 3 total units, Brick, TwoAndOneHalf
Cooling
WallWindowUnits
Expenses
Electric expense: $501, Insurance expense: $1,338, Maintenance tenance expense: $500, Operating expense: $4,766, Professional management expense: 0
Water Features
Water source: Public
Heating
Baseboard
Income
Gross income: $44,341, Net operating income: $39,575
Lot
0.059 size acres, 2,550 size sqft, Size area: 2550, Size units: SquareFeet
Parking
Total: 3
Property
Property subtype additional: Apartment, Property subtype: Apartment, Property type: ResidentialIncome, Zoning: B1/R
Sewer
PublicSewer
Taxes
Tax annual amount: $2,426, Tax assessed value: 74200
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Eric Leadbetter
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