$320,000
$335,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
306 North 14Th Street Allentown City, PA 18102
5 Beds
3 Baths
2,284 SqFt
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Row-End Unit,Row/Townhouse,Semi Detached/Twin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,284 sqft
Price per Sqft $140
Subdivision Not In Development
MLS Listing ID 740177
Sold Date 09/24/24
Bedrooms 5
Full Baths 3
Year Built 1913
Lot Size 1,982 Sqft
Property Description
Don't miss this exceptional investment opportunity to own a profitable well-maintained 3-unit property in one of Allentown's most sought-after areas. Perfect for investors or owner-occupiers, this property offers a substantial gross income of $38,400 with a cap rate of 10%. There are two spacious 2-bedroom units & one cozy comfortable 1-bedroom unit. Located in a prime location, proximity to the vibrant atmosphere of the Allentown Fairgrounds & the Farmer's Market which offers fresh local produce and goods, near West Park & Lehigh Valley Hospital that provides top-notch healthcare services and close to William Allen High School which will result to a strong high rental demand. The desirable location ensures a steady stream of potential tenants. Perfect addition to your investment portfolio or ideal for living in one unit while generating income from the other two. Contact us today to schedule a showing and make this investment property yours! Property will be sold with a clear CO.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling No Air, Window ACs
Building
Story 3.0
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