$275,000
$299,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1334 South Fountain Street Allentown City, PA 18103
4 Beds
2 Baths
2,000 SqFt
Key Details
Sold Price $275,000
Property Type Condo
Sub Type Apartment Style,Duplex/Both Halves
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $137
Subdivision Parkway Terrace
MLS Listing ID 687428
Sold Date 04/17/22
Bedrooms 4
Full Baths 2
Year Built 1985
Annual Tax Amount $4,754
Lot Size 4,186 Sqft
Property Description
Impeccable 2-Unit multi-family with NET income of $24,396 above 7.5% cap rate. This turn-key, fully occupied, class A property has been totally renovated with new roof, updated kitchens, cabinetry, countertops, newer appliances, newer flooring, modern bathrooms, recessed/LED lighting, updated paint, plus more, totaling almost $25,000 over the past year. Tenants pay for utilities except water/sewer. Property features spacious apartments with dedicated parking for four cars, storage rooms with washer/dryer hookup, large backyard, with a balcony & patio. Due to COVID, Seller is NOT allowing showings, buyer must present an LOI or AOS to gain access. *See matterport 360 tour and aerial video. Buyers welcome to take a drive by, please do not disturb tenants. Sold "AS IS." *NEW ROOF COSTS ROUGHLY $15,000.
Location
State PA
County Lehigh
Area Allentown-South
Interior
Cooling Wall AC, Window AC
Exterior
Garage Off Site, Paved Lot
Garage Spaces 4.0
Building
Story 2.0
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 Realty 365