Prime Value-Add Opportunity: 5-Unit Investment Property in Allentown
Unlock the potential of this well-located 5-unit property in the heart of Allentown. Perfect for investors seeking to add value, this property offers significant upside through renovations and strategic management. With strong rental demand in the area, it’s an ideal asset to enhance your portfolio. All units are 1 bedrooms.
LL pays water/sewer/gas. Much of the trash has been turned over to tenats to pay and some units have been put on RUBS billing further solidiying the postive cash flow position on this asset.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $525,000 -4.55% | $219 | Steel City Realty | |
Listed For Sale | $550,000 | $230 | Steel City Realty |
Year | Annual Amount | Description |
---|---|---|
$3,714 |
Kindergarten Lincoln Early Chld Center | 0.1 miles away | PK - KG | |
Elementary School Mckinley Elementary School | 0.4 miles away | 01 - 05 | |
Middle School Francis D Raub Middle School | 0.5 miles away | 05 - 08 |