1 ALLENTOWN PORTFOLIO

Allentown, PA
$ 800,000 Beds 23 Baths 10
Monthly Estimate* How much can I afford?

COVID PROOF portfolio with strong, consistently paying tenant. $102,600 GROSS INCOME, $81,915 NET INCOME, 10.24% CAP @ $800K asking price ($875K sold separately). This turnkey, cash flowing, fully occupied, 9 UNIT MULTI-FAM portfolio has been updated for this sale including updated boilers, preventative maintenance, some new roofs, fresh paint, newer carpeting, and some renovated kitchens. Tenant pays all utilities, including water/sewer. Extremely well maintained with a strong property management company. VALUE ADD - rents are well below market and can be significantly raised. All tenants have paid through COVID for this owner's portfolio. This portfolio includes: 1016 Spring Garden st (1 unit), 821 W Cedar st (1 unit), 750 N 11th st (1 unit), 809 6th st (1), 742 N 6th (4 unit), & 201 S Madison (2 units).

Multi-Family

  • Price
  • $ 800,000
  • Lot Size
  • Bedrooms
  • 23
  • Full Bathrooms
  • 10
  • Year Built
  • 1975
  • Half Bathrooms
  • 0
  • City, Zip
  • Allentown
  • County
  • LEHIGH
  • Style
  • Apartment Style,Row-End Unit
  • Area
  • Allentown-Central
  • MLS#
  • 654536
  • Zip
  • 18101
Listing Provided by: EXP Realty LLC

Features

General

Construction Brick, Shingle, Vinyl
Cooling Central AC, Wall AC
County Lehigh
Electric 1
Parking Garage, Off Site, Paved Lot
Parking Spaces 10
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 1
Zoning Code Residential

Interior Features

Gas 1
Heating 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Allentown, PA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/20/2020 Listed $800,000

Property vs Zip Code Average in 18101

Price
AVG $1.1M
$800K
Visits
AVG 44
294
Year Built
AVG 1904
1975

Map

1 ALLENTOWN PORTFOLIO Allentown, PA is a Single Family Home for sale at $800000 and a lot size of Acre(s). 1 ALLENTOWN PORTFOLIO Allentown has 23 bedrooms, 10 baths and was built in 1975. The property's zip code is 18101 which is in Allentown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.