44-46 N 13th St - Apartments FOR SALE


Allentown, PA 18102
$1,350,000 USD
646-481-6826
44-46 N 13th St, Allentown, PA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

44-46 N 13th St
Allentown, PA 18102


HIGHLIGHTS

  • Big apartments offer great size and value to tenants
  • 2 new Crown gas boilers to provide efficient heating to the building for the next 30 years
  • New bathroom and renovation in commercial space

OVERVIEW

Allentown Multi-family Property For Sale! 44-46 N 13th Street, Allentown, PA 18102 1312 Linden Street, Allentown, PA 18102 Cash flowing property with great rents in place. Excellent location at corner of N 13th and Linden St. 8 residential units in total 1 commercial unit Renovations and upgrades throughout building -2024: 2 new gas boilers installed controlled by Nest thermostat -2024: roof repairs and silver coating -2023: New windows in commercial unit, renovated flooring and bathroom -2019-2022: 2 gut apartment renovations, appliances updates, lighting and window updates Utilities: Gas heat for 7 units - LL 2 units at 1312 Linden have electric heat paid for by tenants Water is paid by LL Trash is included in the taxes, we have a porter that helps us with the trash Great property Selling as-is condition

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

9

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

11%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R-H

APN/PARCEL ID

549679455358-1

ASK ABOUT THIS PROPERTY

Tzvi AusubelLehigh Student Housing Rentals Inc.More Info
646-481-6826

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Tzvi AusubelLehigh Student Housing Rentals Inc.More Info
646-481-6826

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