4 Multi-Unit Portforlio, Allentown, PA 18102

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List Price
$1,457,800
Price Change
▼ $62,000 1792516606
MLS#
786068
Status
ACTIVE
Type
Multifamily
City
Allentown
Area
Allentown-Central
County
Lehigh
Bedrooms
18
Bathrooms
12
Year Built
1900

Property Description

Discover a compelling investment opportunity with this four-property portfolio located in Allentown, PA, offering a blend of commercial and residential rental income. The package features 347 N. 8th Street, which includes a commercial unit, three residential apartments, and a garage; 726 W. Turner Street, offering three well-maintained one-bedroom, one-bathroom units; 517 1/2 W. Turner Street, a five-bedroom, one-and-a-half-bathroom home; and 815 W. Chew Street, a five-bedroom, one-and-a-half-bathroom home with a detached two-car garage. All four properties are currently tenant-occupied, generating a combined monthly rental income of more than $12,070, with projected annual rental income exceeding $123,000. Offered together for $1,519,800, this portfolio presents an opportunity to expand an investment portfolio in the Allentown rental market.

Additional Information

Cooling
None
Parking Spaces
4
Region
Allentown-Central
School District
Allentown
Sewer
Public Sewer
Subdivision
Not In Development
Zoning
R-MH

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Listing courtesy of Keller Williams Allentown. Contact:

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