9 bedroom house for sale
$750,000 - Allentown PA 18102Allentown PA 18102
9 bedroom house for sale
- Beds: 9
- Baths: 5
- Price: $750,000
- Reference No.: 68468245
- Area: 3,945 sqft
Overview
$79, 200 Gross Income, $64, 033 Net Income, 8.5% Cap. These prideful owners have invested hundreds of thousands to modernize this 5 unit garden-style apartment building. All 5 units have been FULLY RENOVATED from top to bottom with fresh paint, new HARDWOOD flooring, energy-efficient windows, newly tiled bathrooms, and all-new kitchens with GRANITE countertops, and DISHWASHERS. The building features ALL-BRICK construction and has a well-maintained roof. The property is fully occupied with tenants paying all utilities including reimbursement for water/sewer. These are great tenants, have been there for over a year and treat their apartments beautifully. Rare to find this type of property so close to the city center, in downtown with many properties being purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. Owners are in the process of installing coin-operated washers/dryers which create additional revenue. The ownership group is listing over 25 multi-family units available in addition to this property. Seller is a licensed real estate agent. PROJECTIONS are over $85, 000 with slightly higher rents For more details and to contact: https://realtyww.info/homes_allentown-d523756/for-sale_i68468245Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-06, Viewed 0 times.
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