736 N N 9TH STREET
Allentown, PA 18102
1539 sqft | 0.03 acres | #PALH2007158
Description
PROJECTED $31200 gross and $25600 net income over 10% cap rate 2-unit investment property in the Heart of Allentown. Property comes with 100% clear CO from the city of Allentown. 1st floor renovated one bedroom unit with access to the yard will be left vacant form showings. Seller could rent it after there is an agreement. 2nd floor is month to month at $1250 in a large 2-bedroom apartment which can be rented at $1475. The savvy investor can easily exceed these projected numbers The heat and electric are all separated, and you can charge them for water/sewer. Buyer does not need to worry about any city repairs, just get the rents where they can be and have great cash flowing property.
Property Details
- BasementConnecting Stairway, Outside Entrance, Unfinished
- Sewer InformationPublic Sewer
- FoundationBlock, Stone
- MLS #PALH2007158
- MLS #PALH2007158
- Property TypeInvestment
- Utility SourcePublic
- Taxes Annual$2,390
- Cost247000
- Property SubtypeDuplex
- ViewCity
- Acres0.03
- Square Feet1539
- Year Built1902
- Buying Agency Compensation2.25
- Days On Market101
- Stories3
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: james J Reardon (#3313981)
Listing Office: eXp Commercial (#EXPCOMM1)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
