Bought with Therese Kelley • One Valley Realty LLC
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Key Details
Sold Price $172,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,976 sqft
Price per Sqft $57
Subdivision Old Allentown
MLS Listing ID PALH113374
Style Victorian
Year Built 1897
Annual Tax Amount $3,092
Tax Year 2019
Lot Size 2,200 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
MULTIPLE OFFERS RECEIVED HIGHEST AND BEST BY 5:00PM MONDAY 2/3/2020. CALLING ALL INVESTORS! Great Opportunity to own a large three unit located in the historic district within walking distance to Hamilton Street restaurants and the PPL Center. This FULLY LEASED building offers 2-2 Bedroom and 1-bedroom Units. Current cap rate is 10.8% and rents could be raised modestly to produce a 12% cap rate. The Owner will provide a clear CO at settlement. Schedule your showing today.
Location
Province PA
County Lehigh
Area Allentown City (12302)
Zoning R-MH-MEDIUM HIGH DENSITY
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Equipment Oven/Range - Electric, Oven/Range - Gas, Refrigerator
Exterior
Utilities Available Cable TV, Fiber Optics Available, Natural Gas Available, Sewer Available, Water Available, Electric Available
Water Access N
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339