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Key Details
Sold Price $372,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $211
MLS Listing ID PALH2007758
Sold Date 03/29/24
Style Colonial
Abv Grd Liv Area 1,760
Originating Board BRIGHT
Year Built 1898
Annual Tax Amount $1,966
Tax Year 2022
Lot Size 1,920 Sqft
Acres 0.04
Lot Dimensions 16.04 x 120
Property Description
Center City Allentown 3 unit. 9% cap rate! $43200 gross $37300 net income. 3-unit property FULLY renovated, All new from the new electric to new plumbing. 3 new kitchens. 3 new bathrooms. All new flooring throughout the entire property. Rents will be at $3600 a month-$43200 a year or more! 2 parking spaces and small yard in the back. Separate entrance for basement can be used for storage and coin operated washer and dryer. This is fully vacant for showings. The owner will rent out for you if buyer wants! The city CO for sale is completed. He will put in all new appliances-with a good offer. Allentown is easy to rent with low vacancies. Call for a showing today.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-MH
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Allentown
Others
Tax ID 640713450246-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with james J Reardon • eXp Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "