Attention savvy investors! Get ready to elevate your portfolio with this exceptional two-unit property located at 117.5 N Penn St in Allentown. Boasting a rare combination of a 1-bedroom and a 4-bedroom unit, this property promises diverse rental income streams. With a gross income of $27,000 and a net income of $23,252 annually, this investment is a true cash cow. Priced competitively at $230,000, and with the owner responsible for taxes, trash, and insurance, managing this property is a breeze. Tenants handle all other utilities, further enhancing your return. Situated in a prime location in Allentown, this property offers tremendous rental potential. Don't miss out on this golden opportunity to secure a lucrative investment with a strong cap rate for this area. Act now and make this income-generating asset yours today!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $230,000 | $192 | Steel City Realty | |
Listed For Sale | $230,000 | $192 | Steel City Realty |
Middle & High School Roberto Clemente Cs | 0.3 miles away | 06 - 12 | |
Middle School Harrison - Morton Middle School | 0.4 miles away | 06 - 08 | |
Elementary School Central Elementary School | 0.4 miles away | 01 - 05 |