Description
INVESTOR ALERT! Renovated and rented 2 bedroom, 1 bath three story in the middle of vibrant Allentown. Lease expires January 7th on this low maintenance property. Potential for more upside and cashflow with increase in rents and low taxes! This property sits at solid 9 CAP!! Allentown is one of the hottest rental markets in the country with a $1 Billion investment in new development. Close to shops, restaurants, Phantoms ice hockey and arena, this property will continue to gain value and is a great 'buy and hold' investment for any portfolio. Since it's tenant occupied, showings are limited.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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1,075SQFT
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$120$/SQFT
Description
INVESTOR ALERT! Renovated and rented 2 bedroom, 1 bath three story in the middle of vibrant Allentown. Lease expires January 7th on this low maintenance property. Potential for more upside and cashflow with increase in rents and low taxes! This property sits at solid 9 CAP!! Allentown is one of the hottest rental markets in the country with a $1 Billion investment in new development. Close to shops, restaurants, Phantoms ice hockey and arena, this property will continue to gain value and is a great 'buy and hold' investment for any portfolio. Since it's tenant occupied, showings are limited.
© 2023 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 2023-11-28T07:13:03.06.