1550 Warren St - Apartments FOR SALE


Allentown, PA 18102- Allentown City Historic District
$375,000 USD
610-217-6330
1550 Warren St, Allentown, PA for Sale
$375,000 USD
Apartments - FOR SALE
1/39
null | 8.95% Cap Rate


OVERVIEW

Seize this cash-flowing investment opportunity in the heart of Allentown! This fully occupied 3-unit multifamily property offers immediate rental income with long-term tenants in place and leased units generating strong returns. The building consists of 1 studio, 1 -1 bedroom, 1- 2 bedroom unit. LL pays water/sewer/trash for unit 2 only! Both other units pays all their own utilities. Tenants do snow removal and any lawn maintenance. All utilities separated. No common electric here! 2 Units have gas heat, the other has electric heat. Make this great investment yours today!

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

3

PRICE/UNIT

$125,000

CAP RATE

8.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

R-MH-MEDIUM HIGH DENSITY

APN/PARCEL ID

549750178994-1

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.