Allentown City, PA 18103,1406 South Jefferson Street
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Allentown City, PA 18103,1406 South Jefferson Street
Allentown City, PA 18103,1406 South Jefferson Street
Allentown City, PA 18103,1406 South Jefferson Street
Allentown City, PA 18103,1406 South Jefferson Street

$229,000

Est. payment /mo

$230,000

0.4%
Est.Price: ?

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1406 South Jefferson Street Allentown City, PA 18103

3 Beds

2 Baths

2,288 SqFt

SOLD DATE : 02/29/2024

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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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Steel City Realty
Bought with IronValley RE of Lehigh Valley

First Heritage Realty Alliance

+1(267) 525-7900

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