4 months on rocket

310 N 9th St N, Allentown, PA, 18102

$287,000

Home List Price

$3,408*

Closing Credit

0 Baths
3,041 SqFt
$94/SqFt
Multi
Schools Nearby

Location

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310 N 9th St N, Allentown$287,000

Buyer Closing Credits

$3,408*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage - Side Entry, Garage - Rear Entry, Attached Garage, On Street
Garage2 spaces
Year Built1880
HeatingBaseboard
CoolingNone
BasementYes
MLS #PALH2007386
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 310 N 9th St N

Projected $39600 gross $28500 net income 9.8% cap rate. This has a fully renovated 2-bedroom 1st floor apartment with all wood floors and nice kitchen. Good sized bedrooms and living space, Access to the basement for storage. Access to the backyard. The 2nd apartment is the 2nd and 3rd floors with 3-4 bedrooms and 2 full baths. Wood floors., nice sized rooms, large closets. Eat-in kitchen and also access to large outside deck. Rent the 1st floor for $1400 and 2ndfloor for $1800. Throw in the garage to one of the tenants for $200! And you can get to $3400 a month and get up to $40,800 gross rents. I actually used lower numbers and you can see how this will exceed and be over 10% cap rate. We can deliver vacant or will fill tenants for a buyer. This would be GREAT for a owner operator, Live and get enough rent to cover your mortgage payments! The numbers include all expenses/taxes and vacancy so will be easy to keep fully occupied and make great cash flow.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1880
  • Living Area: 3,041 SqFt

Listing Office:

  • Office Phone: (888) 397-7352
  • Listing Agent: james J Reardon

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Side Entry, Garage - Rear Entry, Attached Garage, On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • William Allen High School, Public District Grades 9-12
  • Francis D. Raub Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: R0ute 22 t0 7th right om Tilghman left on 9yh-GPS is good in area.

Municipality:

  • Allentown City

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,000
  • Price Per SqFt: $94/SqFt
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Housing Market Comparison

See how this home compares to others in Allentown, PA.

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Allentown, PA

City

Med. Sold Price

$270K

Med. Price/SqFt

$156

Avg. Days On Market

24

# of Sold Homes

109

310 N 9th St N vs Allentown

148 DAYS ON ROCKET

+124 Days

$287,000

+$17K More

$94/SqFt

-$63 Less

KEY TAKEAWAY

This property is $17K more than the Median Sold Price and $63/SqFt less than other homes in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALH2007386

Listing Office:

  • Office Phone: (888) 397-7352
  • Listing Agent: james J Reardon

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:00:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$927

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1003177
1
/10

  • Francis D. Raub Middle School

  • 102 S Saint Cloud St

  • 1.13 miles

  • Public District Grades 6-8

High School

school-card-donut-1003178
2
/10

  • William Allen High School

  • 106 N 17th St

  • 0.96 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,902. Typical income of Allentown, PA residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18102›310 N 9th St N

This home is located at 310 N 9th St N in Allentown, PA and zip code 18102 in the Center City neighborhood. This 3,041 square foot home, which was built in 1880, sits on a 0.05 acre lot. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $287,000.

While more than 54 listings in Allentown, PA in March 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 37 were sold below. In March 2024 in Allentown, PA there were 5.7% less homes for sale than in February 2024. While the average time on the market in March 2024 was 24 days, the median list price was $270,000.

From Rocket Homes Real Estate and based on county public records data.

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