2312 South 5th Street
$795,000
—
11,685
11,685
$68
Description
This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex – our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex – our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.
- Listed by Robert A. Velez • KW Commercial - Stroudsburg
Property Details for 2312 South 5th Street
Area
Allentown-South
Sub divisionMountain Park Manor
LISTING UPDATED: 12/10/2024 04:39 PM
Property Details for 2312 South 5th Street
Status | Available |
---|---|
MLS # | 733469 |
Days on Market | 298 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Commercial |
Year Built | - |
Lot Size | 0.30 AC / 13,199 SF |
County | Lehigh County |
Building Information for 2312 South 5th Street
Stories3Residences39Year Built-Building Size-Lot Size0.30 AC / 13,199 SF
Property Information for 2312 South 5th Street
Property History for 2312 South 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2312 South 5th Street
Taxable ValueLand$59,500Additions$247,000Total$306,500
Tax Record2024$10,599 ($883 / month)
Home Facts
Total Finished SqFt11,685 SqFtAbove Grade Finished SqFt11,685 SqFtStories3Lot Size13,199 SqFtStyleMulti-Family Dwelling (2-4)ZoningR-LCountyLEHIGHAPN640651803000-1
Schools near 2312 South 5th Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hiram W Dodd El School PublicK to 5 | ||
South Mountain Middle School Public6 to 8 | ||
Louis E Dieruff High School Public9 to 12 | ||
Building 21 Allentown 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.
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