516 North Lumber Street

Allentown, PA 18102

$164,900
Price
4
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention investors! RARE THREE-FOUR Bedroom/ONE BATH SINGLE FAMILY DETACHED HOME with potential rent of $1650 per month and tenant pays all utilities. Complete with off street parking pad in the rear of the property. Newer water heater. Gas cooking and heat for economical heat source for tenants. Low property taxes! Property is being sold "as is" and buyer will be responsible for the clear CO from the City of Allentown.Attention investors! RARE THREE-FOUR Bedroom/ONE BATH SINGLE FAMILY DETACHED HOME with potential rent of $1650 per month and tenant pays all utilities. Complete with off street parking pad in the rear of the property. Newer water heater. Gas cooking and heat for economical heat source for tenants. Low property taxes! Property is being sold "as is" and buyer will be responsible for the clear CO from the City of Allentown.
  1. Listed by Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt

Property Details for 516 North Lumber Street

Area
Allentown-Central
Sub division
Not in Development
LISTING UPDATED: 11/13/2024 10:27 AM

Property Details for 516 North Lumber Street

StatusAvailable
MLS #748257
Days on Market34
Taxes$1,621 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built1899
Lot Size-
CountyLehigh County

Building Information for 516 North Lumber Street

Stories2Residences1Year Built1899Building Size-Lot Size-

Property Information for 516 North Lumber Street

Summary
Location and General Information
  • Directions: Follow Allen St to Lumber make a right. Property on your right.
  • School District: Allentown
Parking
  • ParkingSpaces: 2
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $184.84
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $328.44
  • School Taxes: $1,107.25
  • Total Taxes: $1,620.53
Property
Lot Information
  • APN: 549792176572 001
  • Lot Dimensions: 20 X 100
  • Zoning Code: R-Mh
Property and Assessments
  • County Assessment: $48,900.00
  • Property SubType Category: Detached
  • Year Built Exception: Unknown
  • 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: Frame, Shingle/Shakes
Interior Features
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $19,800.00
  • Insurance: $800
  • Net Income: $17,379.00
  • Operating Expense: $2,421
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 1
  • Total Units: 1

Property History for 516 North Lumber 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 516 North Lumber Street

Taxable ValueLand$5,800Additions$43,100Total$48,900
Tax Record2024$1,621 ($135 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,113 SqFtAbove Grade Finished SqFt1,113 SqFtStories2Lot Size2,000 SqFtStyleSingle Family ResidenceYear Built1899ZoningR-MHCountyLEHIGHAPN549792176572-1

Schools near 516 North Lumber 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
Cleveland 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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516 North Lumber Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on November 13, 2024 by Full CircleRealty&PropertyMgmt, it's currently listed at $164,900. This listing's school district is Allentown City School District. Nearby schools include Cleveland El School, Francis D Raub Middle School and William Allen High School. 516 North Lumber Street is a 4-bed, 1-bath, multi-family home built in 1899.

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 Full CircleRealty&PropertyMgmt

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.