6 months on rocket

516 N 2nd St, Allentown City, PA, 18102

$49,900

Home List Price

$593*

Closing Credit

0 Baths
House

Location

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516 N 2nd St, Allentown$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ViewCity Lights
MLS #737626
Lot Size0.07 Acres
StatusActive

About 516 N 2nd St

Vacant-lot in prime location in center city Allentown. Currently Leased & used as parking-lot for the church. $1,800/year. Cross the street from the Sheridan Elementary School, Fully paved and 2-entry from the front and back. This vacant-lot used to be a Residential Home but the structure has been removed few years ago. Public Sewer/water is available, there is a sewer line and water hook up on the lot. Any questions for Water/sewer hookup, Rebuild a residential home, Garages and any future potential uses, please refer to Allentown city zoning office. Schedule your private showing today and don’t miss on this investment opportunity. Bring offers!! Motivated Seller.

Property Details

Property Features

Listing Office:

  • Office Name: Reinvest Real Estate LLC
  • Office Phone: (610) 351-0102

Exterior Features

Exterior Information:

  • View: City Lights

Lot Features

Lot Information:

  • Lot: Cleared, Level, Sloped
  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: from American Pkwy take Tilghman st towards East Allentown, right on N 2nd st. Lot should be on the right next to the church

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
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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

$289.9K

Med. Price/SqFt

$167

Avg. Days On Market

18

# of Sold Homes

157

516 N 2nd St vs Allentown

192 DAYS ON ROCKET

+174 Days

$49,900

-$240K Less

KEY TAKEAWAY

This property is $240K less than the Median Sold Price in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #737626

Listing Office:

  • Office Name: Reinvest Real Estate LLC
  • Office Phone: (610) 351-0102

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: 11/17/2024, 9:20:52 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

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

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.

Nearby Schools

school-card-donut-564247
4
/10

  • Sheridan Elementary School

  • 521 N 2nd St

  • 0.05 miles

  • Public District Grades 1-5

school-card-donut-564248
5
/10

  • Central Elementary School

  • 829 W Turner St

  • 0.86 miles

  • Public District Grades 1-5

school-card-donut-564249
5
/10

  • Washington Elementary School

  • 837 N 9th St

  • 0.91 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,836. Typical income of Allentown, PA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 N 2nd St

What is the listing price of this property?

The listing price of 516 N 2nd St property is $49,900.

What type of property is this?

The property 516 N 2nd St is a house located in Allentown City, Pennsylvania, 18102.

Is this property for sale now?

Active Listing: 516 N 2nd St is For Sale (Active/New) which means the seller is accepting offers.

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18102›516 N 2nd St

This home is located at 516 N 2nd St in Allentown City, PA and zip code 18102 in the 6th Ward neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $49,900.

In October 2024, from all listings sold in Allentown, PA there were more than 74 sold above asking price, over 56 sold below and more than 27 were sold right at the asked price. The inventory of homes for sale in Allentown, PA between September 2024 and October 2024 decreased by 5.8%. In October 2024 median list price was $289,995 and the average listing age was 18 days.

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

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