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642-644 GENESEE ST Allentown, PA 18103
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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $186
MLS Listing ID PALH2007906
Sold Date 05/08/24
Style Unit/Flat
Abv Grd Liv Area 1,584
Originating Board BRIGHT
Year Built 1992
Annual Tax Amount $4,295
Tax Year 2022
Lot Size 4,800 Sqft
Acres 0.11
Lot Dimensions 40.00 x 120.00
Property Description
This is a solid low maintenance modern garden style two unit in decent condition. Current owner built the building in 1992. A new roof was installed in May 2021. Each residence has two bedrooms and one full bathroom. Each residence has a stove, refrigerator and is heated by low maintenance electric baseboard heat. Tenant pay for their own separately metered electricity, heat and hot water. Tenant also maintain lawn and are responsible for snow removal. Landlord pays water/sewer and trash pick up. There are four paved off street parking spaces in the rear of the building. Quiet side street location. Easy access to Allentown PPL events center. Owner will provide a clear certificate of occupancy prior to settlement. Tenants are long term and rents are extremely low. The property offers the opportunity to increase rents to make this a solid money making part of your portfolio. Would also make an easily managed first time investment.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-M
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Allentown
Others
Tax ID 640647698219-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, FHA, VA
Listing Terms Cash, FHA, VA
Financing Cash,FHA,VA
Special Listing Condition Standard
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Bought with Christopher Zajacik • Grace Realty Company Inc