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Key Details
Sold Price $249,000
Property Type Townhouse
Sub Type Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 686796
Sold Date 03/25/22
Year Built 1900
Property Description
Investment opportunity! Fully occupied 3 unit apartment plus detached garage. Current gross income is $24,360. Rents are well below market rates and lead to a great value-add for a new owner. 1st floor unit is 2 bed/1 bath/living room/dining room/kitchen and back porch. 2nd floor unit is 1 bed/1 bath/living room/dining room/kitchen. 3rd floor unit is 1 bed/ 1 bath/living room/kitchen. Detached garage is rented. All tenants are long term residents and current on rent. Recent upgrades have been done in the bathrooms. Tenants pay utilities. Owner pays water/sewer/trash. Seller offers a 2nd mortgage of $40,000. PLEASE DO NOT DISTURB TENANTS.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Window AC
Exterior
Parking Features Garage
Building
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional,FHA
Special Listing Condition Not Applicable
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Bought with Keller Williams Northampton