$555,000
$575,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2122 West Walnut Allentown City, PA 18104
5,307 SqFt
Key Details
Sold Price $555,000
Property Type Condo
Sub Type Apartment Style,Converted
Listing Status Sold
Purchase Type For Sale
Square Footage 5,307 sqft
Price per Sqft $104
Subdivision Union Terrace
MLS Listing ID 639043
Sold Date 09/24/20
Year Built 1917
Annual Tax Amount $12,541
Lot Size 0.496 Acres
Property Description
Fully rented 6-unit with current CO, in excellent condition, in a great neighborhood. Annual rental income of $76,000. The owner can offer tenants a premium lifestyle compared to most rentals. Spacious landscaped grounds, with privacy, porches, private courtyard, patio and pergola. On-site laundry, and landlord-provided heat and hot water boost the appeal for tenants. Huge basement and 2-car garage can increase rental income, also. Also great for owner-operator who needs secure space and parking. Enough off-street parking for 6 cars - 2 in garage, 2 in driveway, and 2 more in rear on Hickory St. In 2019, new roof installed and owner did many other updates and repairs, saving time and major expense for the new owner: New roof, Exterior painting, Concrete sidewalk repairs, Grounds cleaned, trimmed, and seeded, Updates and upgrades in apartments.
Location
State PA
County Lehigh
Area Allentown-West
Interior
Cooling Window AC
Exterior
Garage Garage, Unpaved Lot
Garage Spaces 6.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with IronValley RE of Lehigh Valley