Great Tenant Occupied Investment in Allentown, PA for under $130k!

Lehigh County, Allentown, PA, 18102
Sold
Listed at: January 17th, 2024
Price
$125,000
ARV
$170,000
Gross Margin
$45,000
Sq. Footage
1630
Type
Semi-detached
Parking
Street
Year build
1922
Lot size
0.05 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

This is your chance to acquire a great buy-and-hold property one block off of the new Allentown Waterfront project. This is Semi-Detached Twin currently offers 4 bedrooms 1.5 Baths and 1,630 sq ft. The property has new kitchen counters and floors along with updated bathrooms. The windows are updated vinyl. The property has gas heat and 100 amp electric panel. Full basement with laundry hookup. Current long-term tenant pays $1,250, market rent $1,600 - $1,800 for similar properties. Current owner pays for parking in neighboring city owned parking lot.

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213 N Railroad St Allentown

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Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
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