Allentown City, PA 18109,301 North Halstead Street
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Allentown City, PA 18109,301 North Halstead Street
Allentown City, PA 18109,301 North Halstead Street
Allentown City, PA 18109,301 North Halstead Street
Allentown City, PA 18109,301 North Halstead Street

$370,000

Est. payment /mo

$350,000

5.7%
Est.Price: ?

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301 North Halstead Street Allentown City, PA 18109

4 Beds

2 Baths

2,020 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $370,000

Property Type Commercial

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,020 sqft

Price per Sqft $183

Subdivision Not In Development

MLS Listing ID 738405

Sold Date 06/28/24

Bedrooms 4

Full Baths 2

Year Built 1987

Annual Tax Amount $3,990

Lot Size 3,711 Sqft

Property Description

*** HIGHEST AND BEST OFFERS DUE TUES 5/28 at 12pm *** 2 UNITS! CASH FLOWING KING. Check out this rare opportunity on a corner lot in East Allentown. This property is a raised ranch/split level detached building set up as (2) 2 bedroom, 1 bath units with one on each level. The units are identical in layout. Each unit features a private entrance, outdoor covered patio space, separate off street parking, small yard to share, updated kitchens and recently painted and refreshed for the new owner. The generous open concept style layout is perfect to entertain. The main bedroom in each unit is large enough for a king sized bed too. The home features separate electric service (electric baseboard heat/electric hot water heat) and one water/sewer service. Each unit has a washer dryer hookup on the laundry/storage room. Awesome potential to live in one while the other pays for most of your mortgage. Last rentals were $1,700 for the 1st floor and $1,750 for the second floor. Pro Forma rent roll would put this at $3,700 per month gross income if both are rented. Opportunity is knocking with a projected cap rate of 10.7%!! This will not last long. Possible FHA, VA, Cash or Conventional buyers considered.

Location

State PA

County Lehigh

Area Allentown-East

Interior

Cooling Wall AC

Exterior

Garage Spaces 4.0

Building

Story 2.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional,FHA,VA

Special Listing Condition Not Applicable

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First Heritage Realty Alliance

First Heritage Realty Alliance

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Listed by Realty One Group Supreme
Bought with IronValley RE of Lehigh Valley

First Heritage Realty Alliance

+1(267) 525-7900

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