$225,000
$244,900
8.1%For more information regarding the value of a property, please contact us for a free consultation.
534 Law Street North Allentown City, PA 18102
3 Beds
3 Baths
Key Details
Sold Price $225,000
Property Type Townhouse
Sub Type Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Old Frgrnds Historic
MLS Listing ID 716672
Sold Date 06/29/23
Bedrooms 3
Full Baths 3
Year Built 1900
Annual Tax Amount $2,180
Property Description
Calling all investors. Established, well-maintained 3-unit property with long-term tenants and excellent payment history. Property is located in the up and coming Center City Allentown, one block away from the 7th Street stores and restaurants. It is within walking distance to the buses, PPL theater, Art district and all the conveniences the Center City offers. The property has been meticulously maintained and passed Allentown Code (every 5-year) inspection in 2023. The property has 3 one-bedroom units. All three units have long term tenants who intend to stay. Unit 1 has a housing contract. Tenant has been living there for over 4 years. Unit tenant pays all utilities. Landlord pays electricity for unit 2 and 3 and water, sewer, taxes. The building has an updated 200Am electrical system with low maintenance electrical heat. Current rent for all units are below market due to rapid rent increase in the area during the last year. Selling as is.
Location
State PA
County Lehigh
Area Allentown-West
Interior
Cooling Ceiling Fan
Exterior
Garage None
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Conventional
Special Listing Condition Not Applicable
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Bought with Keller Williams Real Estate