754 4Th Street
Description
$108,000 Gross Income, $75613 Net Income, 7.52% hard Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK construction has had a total facelift including a facade, and has a very well-maintained roof. Tenants pay all utilities and include reimbursement. These are great tenants, have been there for over a year and treat their apartments beautifully. ALL Leases are $1500 with room to grow. It is rare to find this type of property in downtown as many properties have been purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaur
$1,033,008
| Type: | Investment Property |
| Built: | 1950 |
| County: | Lehigh |
| Area: | Allentown City |
| Listing Office: | EXP Realty LLC |
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Exterior Features
| Approximate Lot Size | 0.000 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | Wall AC |
| Heating | Baseboard |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms | 0 |
Property Features
| Sewer | Public |
| Sub Property Type | |
| Taxes | $8,421.00 |
| Municipal Tax ID | 998369869 |
| Utilities | |
| Water | Public |
| Year Built Description | Unknown |
| Square Footage | 6780 |
| Cost per Square Foot | $152.36 |
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