440 N 9th St - Apartments FOR SALE


Allentown, PA 18102- Allentown City Historic District
$725,000 USD
610-217-6330
440 N 9th St, Allentown, PA for Sale
$725,000 USD
Apartments - FOR SALE
1/58
null | 8.66% Cap Rate


OVERVIEW

FULLY OCCUPIED! 6 units + 1 garage available in Allentown! 5 units are in the main building. There is a rented garage/carriage house with an additional apartment above (Unit 6). Tenants pay electric and handle lawn care/ snow removal. LL pays water/sewer/trash (A few units are billed back for water/sewer/trash). This building has been well kept and maintained and has a great history of occupancy. Increase cash flow by turning all utilities over to tenant paid upon lease renewal. A great addition to any portfolio.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,833

CAP RATE

8.66%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,300 SF

ZONING

R-MH

APN/PARCEL ID

549782939776-1

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.