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Key Details
Sold Price $340,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,890 sqft
Price per Sqft $179
Subdivision Not In Development
MLS Listing ID 748104
Sold Date 01/02/25
Bedrooms 5
Full Baths 2
Construction Status Unknown
HOA Y/N No
Year Built 1914
Property Sub-Type Apartment
Property Description
This fully-occupied 2-unit property is perfect for investors or those seeking an owner-occupied option with great income potential. Unit 2, a recently renovated 3-bedroom, is currently rented for $1,400 per month and would also make an excellent option for an owner-occupant. Unit 1 is a 1-bedroom leased at $1,000 per month, providing steady rental income.
Both units feature baseboard electric heating and electric hot water, and rents are currently below market value, offering significant room for growth. Conveniently located near the heart of Allentown, this property guarantees reliable rental income with the potential for even more. Don't miss out on this lucrative investment opportunity!
Location
State PA
County Lehigh
Area Allentown-West
Direction Get off of 22 driving South on 15th street and make a left on Liberty street. Drive four blocks and the property will be on your left.
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Allentown
Others
Senior Community No
Tax ID 549782127875 001
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition None
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Bought with iLehighValley Real Estate