$360,000
$375,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
18 North Madison Street Allentown City, PA 18102
5 Beds
3 Baths
2,474 SqFt
Key Details
Sold Price $360,000
Property Type Single Family Home
Sub Type Semi Detached/Twin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,474 sqft
Price per Sqft $145
Subdivision Not In Development
MLS Listing ID 744479
Sold Date 10/30/24
Bedrooms 5
Full Baths 3
Year Built 1905
Annual Tax Amount $3,625
Lot Size 2,474 Sqft
Property Description
3-Unit Investment Property in Allentown
This all-brick, well-maintained building is a prime investment opportunity, ready for its new owner to start generating cash flow. The property features three units:
**Unit 1**: A spacious 2-bedroom, 1-bath apartment located on the first floor. This unit has been updated with modern flooring and a renovated kitchen. It also has direct access to the basement, which includes laundry facilities and a walkout to the backyard.
**Unit 2**: Situated on the second floor, this unit offers 2 bedrooms, 1 bath, and a large kitchen. Tenants will also enjoy access to a private balcony.
**Unit 3**: On the third floor, you'll find a cozy 1-bedroom, 1-bath apartment. This unit includes a living room and an additional small room, perfect for an office or extra storage.
Whether you're an experienced investor or just starting, this property is a solid choice for generating rental income. With all units in good condition and rented, it's ready for immediate occupancy and steady cash flow.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling No Air
Building
Story 3.0
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 Century 21 Ramos Realty