$309,500
$299,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
621 N SHERMAN ST Allentown, PA 18109
2,148 SqFt
Key Details
Sold Price $309,500
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,148 sqft
Price per Sqft $144
MLS Listing ID PALH2009714
Style Other
Year Built 1905
Annual Tax Amount $3,372
Tax Year 2022
Lot Size 4,800 Sqft
Property Description
This 2-unit investment property is in a highly sought-after prime location. Taxes under $3400! This property is a cash cow and has so much potential for additional income. Laundry room with separate entrance, huge backyard with plenty of space for off street parking, fully finished basement with a full bath and separate entrance. Apartment 2 is a 2-bedroom apartment that was renovated in 2022 and is currently rented for $1,430 a month with room for increase. Apartment 1 is a 2-bedroom, fully renovated (2024) and comes with a fully finished basement with a full bath, huge living room and 2 additional rooms. The basement could be accessed through the first-floor apartment or through its own separate entrance. Large, covered rear patio and large flat backyard. Off street parking in the back and there is a separate laundry room in the rear of the house with its own separate entrance. Projected rent for the first-floor apartment is $1,900. Apartment 1 has been left vacant for a potential owner occupied but could rent out immediately. If you’re looking for an investment property, this one is a no-brainer…. If you’re looking to live in one unit and rent out the other…. also, a no-brainer as the first-floor apartment has so much to offer with so much space, 2 full baths, one on the first floor and another in the fully finished basement. Don’t miss out on this one! Apt. 2 photos taken in 2022 before current tenant moved in. Showings start 8/31. One of the owners is a licensed Realtor.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-MH
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Exterior
Garage Spaces 4.0
Water Access N
Building
Foundation Concrete Perimeter
Sewer No Septic System
Water Public
New Construction N
Schools
School District Allentown
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Scott Gentile Jr. • Coldwell Banker Realty