39 North 11Th Street, Allentown City, PA 18101
- 9 beds |
- 7 baths |
- 5,604 sqft
Rental
Built in 1900
4,617sqft lot
—— car garage
$192/sqft
Listed 10 days ago
Property Description
9.4% Cap Rate - Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property’s lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.
- Listing Status:
- Active
- Listing Office:
- EXP Realty LLC : (888) 397-7352
- MLS ID:
- 760476
- General: Balcony
- Flooring: Hardwood
- A/C: Central Air
- Heating: Forced Air
This listing courtesy of EXP Realty LLC
Location
Schools Nearby
McKinley Elementary School
1124 W Turner St, Allentown, PA, 18102
Grades 1-5
0.11 miles away
Francis D. Raub Middle School
102 S Saint Cloud St, Allentown, PA, 18104
Grades 6-8
0.84 miles away
Building 21 Allentown
265 Lehigh St, Allentown, PA, 18102
Grades 9-12
0.66 miles away