$355,000
$339,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
1024 West Turner Street Allentown City, PA 18102
4 Beds
2 Baths
2,588 SqFt
Key Details
Sold Price $355,000
Property Type Condo
Sub Type Apartment Style,Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,588 sqft
Price per Sqft $137
Subdivision Old Allentn Historic
MLS Listing ID 718714
Sold Date 06/27/23
Bedrooms 4
Full Baths 2
Year Built 1895
Annual Tax Amount $3,207
Lot Size 2,300 Sqft
Property Description
OPEN SHOWING Saturday June 10 from 11am - 1pm. $45,600 annual Money Machine. $38k net. Detached and Renovated. 2 unit with 5 car garages. Set up for profit. SEPARATE UTILITIES. Efficient gas heat, gas hot water and electric all paid by the tenants. 2 ATTRACTIVE UNITS Plus 5 CAR GARAGES. The Garages are like having a 3rd unit renting for $800 that never has toilets, kitchens or flooring to repair/update.
The apartments are spacious with both having been renovated with modern kitchens and bathrooms. EASY TO RENT. Fully occupied, located steps away from the expanding downtown renaissance (over $1B in development). LOW TAXES. Operating cost are critical to your bottom line. Very low real estate taxes of just $1600 per unit, including the 5 car garages, add more punch to profit! This is a TURN KEY established investment rental operation. Start building or add to a profitable income property portfolio in one of the hottest rental markets in the region. Opportunity knocks!
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling No Air
Exterior
Garage Garage
Garage Spaces 5.0
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 Allentown City Realty