Fully occupied with long-term leases, this 5 residential unit property, with garage rental for additional income, is a solid investment. The first and second floors have a total of 4 units, two on each level, and each has their own kitchen and living space. The tenants maintain the common bathrooms, one on each floor. The 3rd floor unit has its own private bathroom. This well-maintained property in the heart of Allentown is an investment opportunity. Current leases specify landlord covered utilities and ratio-billing, or chargebacks offset owner expenses. Updated electric, plumbing, windows and hard-wired smoke detectors throughout. Owner also selling MLS 736560. Seller Financing options available, please see Agent Remarks for details.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $489,000 -2% | $221 | Steel City Realty | |
Listed For Sale | $499,000 | $226 | Steel City Realty |
Elementary School Cleveland Elementary School | 0.3 miles away | 01 - 05 | |
Elementary School Central Elementary School | 0.4 miles away | 01 - 05 | |
Elementary School Washington Elementary School | 0.5 miles away | 01 - 05 |