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$ 1,519,800
Est. payment /mo
New
4 Multi-Unit Portforlio Allentown City, PA 18102
18 Beds
12 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 786068
Bedrooms 18
Full Baths 11
Half Baths 1
Construction Status Unknown
HOA Y/N No
Year Built 1900
Property Sub-Type Townhouse
Property Description
Discover a compelling investment opportunity with this four-property portfolio located in Allentown, PA, offering a blend of commercial and residential rental income. The package features 347 N. 8th Street, which includes a commercial unit, three residential apartments, and a garage; 726 W. Turner Street, offering three well-maintained one-bedroom, one-bathroom units; 517 1/2 W. Turner Street, a five-bedroom, one-and-a-half-bathroom home; and 815 W. Chew Street, a five-bedroom, one-and-a-half-bathroom home with a detached two-car garage. All four properties are currently tenant-occupied, generating a combined monthly rental income of more than $12,070, with projected annual rental income exceeding $123,000. Offered together for $1,519,800, this portfolio presents an opportunity to expand an investment portfolio in the Allentown rental market.
Location
State PA
County Lehigh
Area Allentown-Central
Direction Turner Street East from 7th to 6th. Property on left.
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Allentown
Others
Senior Community No
Tax ID 640701420499 1
Special Listing Condition None
Listed by Keller Williams Allentown
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