$265,000
$265,000
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508 North Silk Street North Allentown City, PA 18102
6 Beds
2 Baths
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Both Halves
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 734796
Sold Date 06/14/24
Bedrooms 6
Full Baths 2
Year Built 1917
Annual Tax Amount $2,140
Property Description
Welcome to your next lucrative investment opportunity in the heart of Center City Allentown!
Introducing a fantastic 2-unit duplex strategically located near public transportation hubs, ensuring convenient access for tenants and maximizing rental potential.
Key Features:
**Prime Location: Located in vibrant Center City Allentown, this property enjoys proximity to the amenities that city living has to offer.
**Investment Gem: With a remarkable 9.00% cap rate, this duplex promises an impressive return on investment from day one.
** Dual Units: Highlighting two separate units, each with its distinct charm, this property offers flexibility and multiple income streams.
**Revenue Rental: Perfect for savvy investors seeking consistent cash flow, this duplex is primed to generate significant rental income.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to dive into the world of real estate, this duplex presents an unparalleled opportunity. Don't miss out on the chance to secure your financial future with this revenue-generating gem in Center City Allentown.
Contact us today to schedule a viewing and seize this exceptional investment opportunity!
Garages are not part of this property.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling No Air
Building
Story 2.5
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional,Conventional Renovation Loan
Special Listing Condition Not Applicable
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Bought with Acre and Estate