116 North 12th Street

Allentown, PA 18102

$319,900
Price
Beds
1,938 Sq. Ft.
$165 / Sq. Ft.
1,938
Sq. Ft.
$165
per Sq. Ft.

Description

Discover your next investment opportunity in the vibrant heart of Allentown City! This well maintained 2-unit apartment-style property offers an unbeatable combination of location, character, and income potential. Nestled conveniently close to major attractions and businesses, this property is ideal for both new and seasoned investors looking to expand their portfolio. Both units are currently leased with long-term tenants in place, yielding immediate cash flow to the new owner. Thoughtfully updated...Discover your next investment opportunity in the vibrant heart of Allentown City! This well maintained 2-unit apartment-style property offers an unbeatable combination of location, character, and income potential. Nestled conveniently close to major attractions and businesses, this property is ideal for both new and seasoned investors looking to expand their portfolio. Both units are currently leased with long-term tenants in place, yielding immediate cash flow to the new owner. Thoughtfully updated and exceptionally well-maintained, this property stands out with its attention to detail and qualifies for a clear Certificate of Occupancy (CO) from the city which will be delivered prior to closing. In addition to the Clear Co, the property has gone through the City of Allentown Housing Rehabilitation Departments Healthy Home Hazard Inspection and repairs were completed in May of 2022.
  1. Listed by Meg Leadbetter • Acre and Estate

Property Details for 116 North 12th Street

Area
Allentown-Central
Sub division
Not in Development
LISTING UPDATED: 11/11/2024 04:10 PM

Property Details for 116 North 12th Street

StatusAvailable
MLS #747133
Days on Market11
Taxes$2,758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1908
CountyLehigh County

Building Information for 116 North 12th Street

Building/Complex116 N 12th StFloor-Stories3Residences2Pet Policy-Year Built1908Building Size-

Property Information for 116 North 12th Street

Summary
Location and General Information
  • Directions: Head towards S 6th St on W Hamilton St. Turn L onto 6th St (PA-145 N). Turn L onto W Linden St (PA-222 S). Turn L onto N 12th St (PA-222 S). Continue on S 12th St (PA-222 N). Turn R onto W Hickory St. Turn R onto S 12th Street.
  • School District: Allentown
Parking
  • Garage: None, On Street
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $325.46
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $482.63
  • School Taxes: $1,949.58
  • Total Taxes: $2,757.67
Property
Lot Information
  • Acres: 0.03
  • APN: 549688560049001
  • Lot Size Source: Tax Records
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
Property and Assessments
  • County Assessment: $86,100.00
  • Property SubType Category: Apartment Style, Row/Townhouse, Semi Detached/Twin
  • Square Footage Source: Tax Records
  • Technology: Cable, Smk Detector Battery
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air, Window ACs
  • Electric: 360
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 275
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Vinyl
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric, Gas, Steam
Multi Family
Multi-Family Information
  • Gross Income: $34,200.00
  • Insurance: $0
  • Net Income: $.00
  • Operating Expense: $0
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 2
  • Total Units: 2

Property History for 116 North 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 North 12th Street

Taxable ValueLand$11,800Additions$65,900Total$77,700
Tax Record2024$2,624 ($219 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,345 SqFtAbove Grade Finished SqFt1,345 SqFtStories3Lot Size3,967 SqFtStyleCondominiumYear Built1890ZoningR-HCountyLEHIGHAPN549679994599-1

Schools near 116 North 12th Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mckinley El School
Public1 to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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116 North 12th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on November 5, 2024 by Acre and Estate, it's currently listed at $319,900. It has been on the market for a total of 11 days and was last sold on October 1, 2012. This listing's school district is Allentown City School District. Nearby schools include Mckinley El School, Francis D Raub Middle School and William Allen High School. 116 North 12th Street is a 0-bed, 0-bath, 1,938 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Acre and Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.