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Key Details
Sold Price $230,000
Property Type Condo
Sub Type Apartment Style,Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,479 sqft
Price per Sqft $155
Subdivision Not In Development
MLS Listing ID 719141
Sold Date 08/11/23
Bedrooms 2
Full Baths 2
Year Built 1925
Annual Tax Amount $2,725
Lot Size 1,769 Sqft
Property Description
PROFITABLE 2-UNIT IN ALLENTOWN—Looking for a well-maintained investment property that is fully occupied, requires no repairs, and returns a healthy cap? Take a look at this property. Situated in a quiet residential neighborhood, it enjoys responsible and stable tenants. First-floor unit features LR, BD, eat-in kitchen, 1 full bath, hardwood fls, and ornamental fireplace. The second-floor unit consists of a LR, bedroom, full bath with tub, walk-in closet, wall-to-wall carpeting, and eat-in kitchen. Landlord pays water/sewer/trash. Tenants pay electric & heat. 1st Fl cut grass and shovels snow. The backyard is a charming retreat that both tenants share. Property comes with clear Certificate of Occupancy. Rents will increase as of Sept. 1—increasing gross income to $24,600. Refrigerator on second for belongs to tenant.
Location
State PA
County Lehigh
Area Allentown-West
Interior
Cooling Window AC
Exterior
Garage None
Building
Story 2.0
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 Real Estate