220 N 6th Street, Allentown, PA 18102
$1,300,000
Property Type:
Residential Income
Square Footage:
10,435
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$1,300,000
List Date:
12/08/2020
Last Modified:
3/03/2025
Overview
Description
Listing Details MLS# PM-83633
General Property Information
- Building Area Total
- 10435
- Building Area Source
- Public Records
- Stories
- 4
- Number Of Buildings
- Yes
- Year Built
- 1920
- Basement YN
- Yes
- Garage YN
- Yes
- Parking Total
- 5
- Lot Size Acres
- 0.12
- Lot Size Dimensions
- 47 X 115.3
- List Price/SqFt
- 129.37
- Sold Price/SqFt
- 124.58
Property Features
Listing Terms:
Cash; Conventional
Tenant Pays:
Electricity
Disclosures:
Right of First Refusal
Possession:
Negotiable
Construction Materials:
Brick
Roof:
Flat
Cooling:
Separate Meters; None
Heating:
Baseboard; Electric
Water Heater:
Electric
Appliances:
Water Heater
Security Features:
Smoke Detector(s)
Water Source:
Public
Sewer:
Public Sewer
Parking Features:
Paved
Lot Features:
Historic District
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2020-12-08
- Listing Service
- Full Service
Location Tax and Legal
- County
- Lehigh
- Street Number
- 220
- Street Direction Prefix
- N
- Street Name
- 6th
- Street Suffix
- Street
- City (Post Office)
- Allentown
- State
- PA
- Postal Code
- 18102
Remarks and Miscellaneous
- Public Historical Remarks
- Utility Billing: Separate Electric, Type: Built as Apartment, Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code R-Mh, Miscellaneous: Cert of Occ Req'd Yes
- Public Remarks
- Add this turnkey, 10-unit building in bustling Center City Allentown to your portfolio today! Tenants experience the historic charm of N 6th Lofts with 12-14 foot high ceilings, large bay-sized windows, an abundance of natural light, spacious layouts, and a private outdoor terrace. This property has been completely renovated and units boast brand new appliances/fixtures. The building consists of 4 1-bed apartments, 2 2-bed apartments, and 4 3-bed apartments. Potential for storage or laundry facilities in the basement. Tenants pay electric, heat, and hot water. Landlord pays common electric, water, sewer and trash.
Status Change Information
- Purchase Contract Date
- 2020-12-31
- Close Date
- 2021-03-12
- Close Price
- 1300000
More Information
Income and Expenses
- Gross Income
- 127800
- Net Operating Income
- 102050
- Operating Expense
- 25750
- Insurance Expense
- 3000
- New Taxes Expense
- 13560
- Electric Expense
- 360
- Trash Expense
- 3429
Unit 1
- Occupied YN
- Y
- Actual Rent
- 1250
- SqFt Total
- 1200
Unit 2
- Occupied YN
- N
- Actual Rent
- 850
- SqFt Total
- 800
Unit 3
- Occupied YN
- Y
- Actual Rent
- 1250
- SqFt Total
- 1200
Unit 4
- Occupied YN
- Y
- Actual Rent
- 1050
- SqFt Total
- 1000
Unit 5
- Occupied YN
- N
- Actual Rent
- 850
- SqFt Total
- 800
Unit 6
- Occupied YN
- Y
- Actual Rent
- 1250
- SqFt Total
- 1200
Unit 7
- Occupied YN
- Y
- Actual Rent
- 1050
- SqFt Total
- 1000
Unit 8
- Occupied YN
- N
- Actual Rent
- 850
- SqFt Total
- 800
Unit 9
- Occupied YN
- Y
- Actual Rent
- 850
- SqFt Total
- 800
Unit Details
- 1 Bedroom
- 4
- 2 Bedroom
- 2
- 3 Bedroom
- 4
Location, Tax, and Legal
- Parcel Number
- 640711081186 001
- Municipality
- Allentown City
- High School District
- Allentown City
- Cnty&Muni Taxes (Legacy)
- 4618.51
- School Tax Amount
- 8942.47
- Tax Annual Amount
- 13560.9
- Tax Assessed Value
- 421900
- Tax Book Number
- 2017031419
- Zoning Description
- Residential
Currently Not Used
- Number Of Units Total
- 10
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Tenant Pays
- Electricity
- Yes
Disclosures
- Right of First Refusal
- Yes
Possession
- Negotiable
- Yes
Construction Materials
- Brick
- Yes
Roof
- Flat
- Yes
Cooling
- Separate Meters
- Yes
- None
- Yes
Heating
- Baseboard
- Yes
- Electric
- Yes
Water Heater
- Electric
- Yes
Appliances
- Water Heater
- Yes
Security Features
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Parking Features
- Paved
- Yes
Lot Features
- Historic District
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
Steel City Realty LLC
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.