Center City Allentown 3 unit. 9% cap rate! $43200 gross $37300 net income. 3-unit property FULLY renovated, All new from the new electric to new plumbing. 3 new kitchens. 3 new bathrooms. All new flooring throughout the entire property. Rents will be at $3600 a month-$43200 a year or more! 2 parking spaces and small yard in the back. Separate entrance for basement can be used for storage and coin operated washer and dryer. This is fully vacant for showings. The owner will rent out for you if buyer wants! The city CO for sale is completed. He will put in all new appliances-with a good offer. Allentown is easy to rent with low vacancies. Call for a showing today.
The income description goes here to explain
List Price | $387,000 |
Property Type | Triplex (3-units) |
Usable Sqft | 1,760 |
Number of Stories | 3 stories |
Parking Spots | 0 spots |
Year Built | 1898 |
Last Sold | March 28, 2024 |
Sold Price | 372,000 |
APN # | 64071345024600001 |
MLS # | PALH2007758 |
Property ID | 320201408 |
Lot Sqft | 1,920 |
Zoning | R-MH |
Total Units | 3 |
Days on Market | 262 |
Original List Price | Unknown |
Date Updated | March 29, 2024 |
Date Created | February 06, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $43,200 | $0 |
Net Income (Yr) | $ 36,300 |
Cap Rate | 9.00% |
james J Reardon an agent of . Lic #RS342638
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT