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$ 1,519,800
Est. payment /mo
New
4 Multi-Unit Portforlio Allentown City, PA 18102
18 Beds
12 Baths
UPDATED:
Key Details
Property Type Other Types
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 786068
Bedrooms 18
Full Baths 11
Half Baths 1
Construction Status Unknown
HOA Y/N No
Year Built 1900
Property Sub-Type Townhouse
Property Description
Discover a compelling investment opportunity with this four-property portfolio located in Allentown, PA, offering a blend of commercial and residential rental income. The package features 347 N. 8th Street, which includes a commercial unit, three residential apartments, and a garage; 726 W. Turner Street, offering three well-maintained one-bedroom, one-bathroom units; 517 1/2 W. Turner Street, a five-bedroom, one-and-a-half-bathroom home; and 815 W. Chew Street, a five-bedroom, one-and-a-half-bathroom home with a detached two-car garage. All four properties are currently tenant-occupied, generating a combined monthly rental income of more than $12,070, with projected annual rental income exceeding $123,000. Offered together for $1,519,800, this portfolio presents an opportunity to expand an investment portfolio in the Allentown rental market.
Location
State PA
County Lehigh
Area Allentown-Central
Direction Turner Street East from 7th to 6th. Property on left.
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Allentown
Others
Senior Community No
Tax ID 640701420499 1
Special Listing Condition None
Listed by Keller Williams Allentown
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