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25 S 11th Street

Allentown City, PA 18102
  • $449,900
  • STATUS: Available
  • ON SITE: 85 Days
  • MLS #: 688207
UPDATED: 32 min ago
$449,900
  • 6
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,992
    SQFT
  • $150
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

School District:

Description

CASH COW - Terrific Investment Opportunity!!!!!! This large 3 unit tenant occupiedapartment building currently yields over an 8.5% cap rate based on current rents and over a 9% cap rate when you bring Apt. 2 to market rent. All apartments have been renovated and are completely updated. Tenants pay all utilities except water, sewer and trash. This investment property is a great opportunity for both the beginner as well as an experienced savvy investor. This is a definite MUST See!!!!!Listing agent in not the owner, but owner is a PA Realtor.

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-05-17T17:13:00.85.
www.smartwayamerica.com/homes/125995042
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25 S 11th Street Allentown City, PA 18102

  • Price: $449,900
  • Status: Available
  • On Site: 85 Days
  • Updated: 32 min ago
  • MLS #: 688207
6
Beds
3
Baths
0
½ Baths
0.04
Acres
2,992
SQFT
$150
$/SQFT
1890
Built
Neighborhood:
Not In Development
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
CASH COW - Terrific Investment Opportunity!!!!!! This large 3 unit tenant occupiedapartment building currently yields over an 8.5% cap rate based on current rents and over a 9% cap rate when you bring Apt. 2 to market rent. All apartments have been renovated and are completely updated. Tenants pay all utilities except water, sewer and trash. This investment property is a great opportunity for both the beginner as well as an experienced savvy investor. This is a definite MUST See!!!!!Listing agent in not the owner, but owner is a PA Realtor.
Exterior Features

Construction AluminumBrick Lot Dimensions 19 X 86.5 Parking None Parking Spaces 0

Interior Features

Baths Modern Cooling No Air Features Fire Escape Heat Type BaseboardElectric

Property Features

Electric 384 Gas 0 Gross Income 50400 Heat 0 Lot Size Source Tax Records Net Income 41933 Operating Expense 8467 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment Style Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 3442.85 Water Public Water Sewer 1090 Zoning Code R-H

Listing provided courtesy of Re/Max Unlimited Real Estate.


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-05-17T17:13:00.85.
 
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East Stroudsburg PA, 18301