$229,000
$230,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
1406 South Jefferson Street Allentown City, PA 18103
3 Beds
2 Baths
2,288 SqFt
Key Details
Sold Price $229,000
Property Type Single Family Home
Sub Type Semi Detached/Twin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $100
Subdivision Not In Development
MLS Listing ID 732150
Sold Date 02/29/24
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,144
Year Built 1944
Annual Tax Amount $3,637
Lot Size 5,558 Sqft
Property Description
Introducing an exceptional Home for the near Future, OR investment opportunity in Allentown! This three-bedroom single-family home at 1406 S Jefferson St, currently leased until 10/31/24 with tenants in place since 10/2022, offers a remarkable gross income of $22,992 and a substantial net income of $19,346.68. With tenants covering all utilities and the owner handling taxes, insurance, and trash removal, this property is hassle-free. Additionally, the well-maintained, fenced yard and parking space for up to three cars in the driveway enhance its appeal. Priced competitively at $230,000, this property boasts an attractive cap rate of approximately 8.41%, ensuring a solid return on your investment. Don't miss out on this golden opportunity to diversify your portfolio with a property that combines reliable income and great features. Contact us today, and secure your investment in this Allentown gem!
Location
State PA
County Lehigh
Area Allentown-West
Rooms
Basement Full
Interior
Hot Water Electric
Heating Baseboard, Electric, Oil
Cooling None
Exterior
Garage Driveway Parking, Off Street
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 IronValley RE of Lehigh Valley