$299,900
$275,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1851 Front Street Allentown City, PA 18103
5 Beds
2 Baths
1,440 SqFt
Key Details
Sold Price $299,900
Property Type Condo
Sub Type Apartment Style,Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $208
Subdivision Not In Development
MLS Listing ID 740049
Sold Date 07/25/24
Bedrooms 5
Full Baths 2
Year Built 1928
Annual Tax Amount $3,457
Lot Size 6,347 Sqft
Property Description
Multiple offers have been received. Owner is requesting highest and best offers by Monday at 6:30pm. This is the investment property you have been looking for in South Allentown. Whether you want to live in one unit as an owner occupant and have a tenant help pay your mortgage or you are a savvy investor looking for a cash flowing property, this home will be sure to WOW you. Currently a 10% cap rate. The first floor unit is currently rented at $1,400 a month and has 2 bedrooms, 1 bath, kitchen and living room. The second floor unit is currently rented at $1,500 a month and has 3 bedrooms, 1 bath, kitchen, living room and enclosed porch. Shared laundry on site and there is a parking pad big enough for 5-6 cars. Electric is paid by the tenants. This property is conveniently located close to transportation, schools, parks, shops and restaurants. Low taxes make this property truly affordable.
Location
State PA
County Lehigh
Area Allentown-South
Interior
Cooling Window ACs
Exterior
Garage Spaces 5.0
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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Bought with NON MBR Office