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Key Details
Sold Price $1,410,000
Property Type Condo
Sub Type Apartment Style
Listing Status Sold
Purchase Type For Sale
Square Footage 8,004 sqft
Price per Sqft $176
Subdivision Not In Development
MLS Listing ID 726582
Sold Date 01/12/24
Bedrooms 12
Full Baths 12
Year Built 1985
Annual Tax Amount $19,445
Lot Size 0.416 Acres
Property Description
Welcome to a fantastic investment opportunity in Allentown, PA! This 12-unit stand-alone apartment building is an ideal addition to your real estate portfolio. Located in a charming all-brick structure within a desirable residential neighborhood, this property offers both convenience and comfort. With restaurants, grocery stores, auto mechanics, gas stations, convenience stores, and recreational parks just a stone's throw away, tenants will love the neighborhood's amenities.
Inside, the building features on-site laundry facilities and has undergone recent apartment renovations.
Most of the apartments have been upgraded with new flooring, countertops, and paint, ensuring tenant satisfaction and increased rental value. The property has a strong track record of generating excellent rental income, making it an outstanding investment opportunity.
Exterior has nice grass areas and ample on and off street parking.
Don't miss your chance to own this income-generating gem in Allentown, PA. Act now to make this 12-unit apartment building your next successful venture. Contact us today for more details and to schedule a viewing!
Location
State PA
County Lehigh
Area Allentown-West
Interior
Cooling Wall AC
Exterior
Garage Paved Lot
Garage Spaces 12.0
Building
Story 3.0
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 Realty One Group Supreme