15 days on rocket

Sale Pending

511 Park St, Allentown City, PA, 18102

$235,000

Home List Price

$2,791*

Closing Credit

6 Bedrooms
2 Full Baths
2,088 SqFt
$113/SqFt
Townhouse
Schools Nearby

Location

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511 Park St, Allentown$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1891
HeatingBaseboard, Electric
CoolingNone
MLS #735993
Lot Size0.04 Acres
StatusSale Pending
(Pending)

About 511 Park St

Attention investors! Here's an incredible opportunity to add this 2 unit to your portfolio in Allentown. This investment property is currently rented until 2025 and is bringing in $2,506 per month in rental income. With tenants responsible for all utilities and expenses totaling $4,834, the property nets an impressive $25,735 annually. Priced competitively at $235,000, this investment offers a lucrative return. Take advantage of this chance to secure a reliable income stream with minimal hassle.

Property Details

Property Features

Property Information:

  • Year Built: 1891
  • Living Area: 2,088 SqFt

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • 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: Located in Allentown

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $113/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

511 Park St vs Allentown

15 DAYS ON ROCKET

-9 Days

$235,000

-$35K Less

$113/SqFt

-$44 Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price and $44/SqFt less than other homes in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #735993

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® 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: 4/30/2024, 9:25:17 PM 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.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-3928310
1
/10

  • Francis D. Raub Middle School

  • 102 S Saint Cloud St

  • 1.48 miles

  • Public District Grades 6-8

High School

school-card-donut-3928311
2
/10

  • William Allen High School

  • 106 N 17th St

  • 1.28 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 $39,355. Residents of Allentown, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Park St

What is the listing price of this property?

The listing price of 511 Park St property is $235,000.

What type of property is this?

The property 511 Park St is a townhouse located in Allentown City, Pennsylvania, 18102.

Is this property for sale now?

Sale Pending: 511 Park St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 511 Park St are:
Francis D. Raub Middle School: GreatSchools Rating 1/10
William Allen High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 511 Park St has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 511 Park St is 2,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Park St is 1891.

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18102›511 Park St

This home is located at 511 Park St in Allentown City, PA and zip code 18102 in the Center City neighborhood. This 2,088 square foot home, which was built in 1891, sits on a 0.04 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $235,000.

Over 54 listings were sold over their listed price in March 2024 in Allentown, PA. In the same period over 37 listings were sold below the listed price and 18 listings were sold for the listed price. 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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