441 North Hall Street

Allentown, PA 18102

$149,000
Price
2
Beds
1
Bath
1,022 Sq. Ft.
$146 / Sq. Ft.
1,022
Sq. Ft.
$146
per Sq. Ft.

Description

Attention investors! This Allentown row home is a prime opportunity with all the big-ticket updates already done, making it an easy addition to your portfolio. With a rental potential of approximately $1,695/month, this property is positioned to be a reliable cash flow generator. Tax and insurance for this property are only $145 per month, and budgeting for 5% vacancy and $1000 per year in maintenance, the NOI on this is $16,526 per year - an 11% CAP RATE! Delivered vacant and ready for new tenant!...Attention investors! This Allentown row home is a prime opportunity with all the big-ticket updates already done, making it an easy addition to your portfolio. With a rental potential of approximately $1,695/month, this property is positioned to be a reliable cash flow generator. Tax and insurance for this property are only $145 per month, and budgeting for 5% vacancy and $1000 per year in maintenance, the NOI on this is $16,526 per year - an 11% CAP RATE! Delivered vacant and ready for new tenant! Key renovations include a new roof (2024), an updated electrical system, a modern kitchen featuring granite countertops, soft-close cabinets, and durable vinyl flooring on the main level. The second and third floors have brand new carpet, and the entire home is freshly painted. Additional upgrades include new front and rear doors and a newer oil boiler, making it move-in ready and efficient through the colder months. The private backyard offers valuable outdoor space for tenants – a rare perk in city living! Whether you’re a first-time investor or looking to expand your portfolio, this property offers low-maintenance appeal with solid rental returns. Don’t miss out on this cash-flowing asset!
  1. Listed by Nick Spade • Spade Property Management Inc.

Property Details for 441 North Hall Street

Area
Allentown-Central
Sub division
Not in Development
LISTING UPDATED: 11/04/2024 01:03 PM

Property Details for 441 North Hall Street

StatusAvailable
MLS #748010
Days on Market43
Taxes$1,213 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Row/Townhouse
Year Built1880
Lot Size0.04 AC / 1,529 SF
CountyLehigh County

Building Information for 441 North Hall Street

Stories2Residences1Year Built1880Building Size-Lot Size0.04 AC / 1,529 SF

Property Information for 441 North Hall Street

Summary
Location and General Information
  • Directions: Driving south on N 7th St, make a right onto W Allen St, then a left on N Hall St, Home on Left
  • School District: Allentown
Parking
  • Garage: On Street
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $137.00
  • Lawn Snow Removal: $0
  • Maintenance Repair: $1,000
  • Management: 0
  • Municipal Taxes: $252.00
  • School Taxes: $824.00
  • Total Taxes: $1,213.00
Property
Lot Information
  • Acres: 0.035
  • APN: 549792971258001
  • Zoning Code: B1/R
Property and Assessments
  • County Assessment: $36,400.00
  • Property SubType Category: Row/Townhouse
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Vinyl
Interior Features
  • Heat: $0
  • Heat Type: Oil
Multi Family
Multi-Family Information
  • Gross Income: $1,695.00
  • Insurance: $527
  • Net Income: $16,583.00
  • Operating Expense: $2,740
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 1
  • Total Units: 1

Property History for 441 North Hall 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 441 North Hall Street

Taxable ValueLand$4,700Additions$31,700Total$36,400
Tax Record2024$1,214 ($101 / month)
Home Facts
Beds2Baths1Total Finished SqFt872 SqFtAbove Grade Finished SqFt872 SqFtStories3Lot Size1,530 SqFtStyleCondominiumYear Built1880ZoningB1/RCountyLEHIGHAPN549792971258-1

Schools near 441 North Hall Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Central El School
Public - K to 5
Francis D Raub Middle School
Public - 6 to 8
William Allen High School
Public - 9 to 12
BRIGADIER GENERAL ANNA MAE HAYS EL SCH
Public - K to 5
Rating
School
Distance
Central El School
PublicK to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

BRIGADIER GENERAL ANNA MAE HAYS EL SCH
PublicK to 5

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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More information about 441 North Hall Street, Allentown, PA 18102

441 North Hall Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on November 4, 2024 by Spade Property Management Inc., it's currently listed at $149,000. It has been on the market for a total of 43 days and was last sold on June 17, 2024. This listing's school district is Allentown City School District. Nearby schools include Central El School, Francis D Raub Middle School and William Allen High School. 441 North Hall Street is a 2-bed, 1-bath, 1,022 sqft multi-family home built in 1880.

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 Spade Property Management Inc.

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.