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Property Description

3 Unit Investment Property ~ End Row Townhome ~ offers 2 car - parking pad ~ All Brick Building ~ Fully occupied ~ 45,240 gross annual rental income ~ Net Income = $ 37,158 ~ Yielding a 10.3 % Cap Rate ~ some long term tenants ~ Solid Rental history ~ walkability factor through the city is a great upside ~

Overview

Property Status
Sold
Lot Size
2,161 Sq.Ft.
MLS ID
746277
Property Type
Condo
Year Built
1890

Features & Amenities

Neighborhood
Allentown
Stories
3
Water Source
Public
Parking
Carport, On Street
Heat Type
Baseboard, Electric
Air Conditioning
Wall/Window Unit(s)
Laundry Room
Washer Hookup
Other Interior Features
Balcony
Sewer
Public Sewer
Security Features
Fire Escape
School District
Allentown
Sales Price
$386,000
Real Estate Tax
$3,486/yr
Zoning
R-MH-MEDIUM HIGH DENSITY

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234 12Th Street

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Thank you

for your interest in 234 12Th Street, Allentown City, PA 18102

234 12Th Street
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A two-story brick house with a balcony, columned entryway, covered porch, sidewalk, trees, and shrubs in the front yard.

Explore Allentown

Known as the 'Queen City ' ~ featuring the West End community , filled with stately homes built in the early to mid 1900' s . Architecturally appealing with brick homes , steep roof lines , stately front porches and keystones resembling the lore of the Georgian era . Home to a revitalized center city featuring the PPL Center , hosting the Phantoms minor league Hockey team and Coca - Cola Park , the Philadelphia Phillies affiliate team . Center city has the cool vibe with brewpubs , restaurants , and restored hotels , it's a quick jaunt to the Lehigh Valley Airport adding to the allure of this mid size city trending upwards .

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234 12Th Street

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  • CallChristopher Hanna

    License #RS161496A

    (610) 704-8316
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