Allentown City, PA 18104,2122 West Walnut

$555,000

Est. payment /mo

$575,000

3.5%
Est.Price: ?

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2122 West Walnut Allentown City, PA 18104

5,307 SqFt

SOLD DATE : 09/24/2020

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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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

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Listed by Rudy Amelio Real Estate
Bought with IronValley RE of Lehigh Valley

First Heritage Realty Alliance

+1(267) 525-7900

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