542 Walnut Street
Description
Welcome to this completely updated, solid brick, 5 unit investment property, with hardwood floors everywhere. Tenants pay gas for heat & cooking, & electric with ceiling fans for cooling. Located across from City Center's new Walnut Street Commons (with an attached parking garage*). These easy to rent apartments have upgraded kitchens, new SS fridges and stoves, counter tops, tile bathrooms, ceiling fans & window blinds. Pride of ownership shows in the clean & well maintained common spaces and quality tenants. Durable carpeting & rubber tread-protectors on the stairs help preserve the original hardwood. Security cameras both inside and outside, plus good exterior lighting add to the attractiveness of this building for tenants. Three new roofs, plus side and rear yards are fenced & locked, and the large fire escape provide a safe exit for all units. Large clean basement runs the length of the building & has access through a rear door under the 1st floor rear unit. Priced at a 7.2% CAP r
$675,000
| Type: | Investment Property |
| Built: | 1895 |
| County: | Lehigh |
| Area: | Allentown City |
| Listing Office: | HowardHanna TheFrederickGroup |
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Exterior Features
| Approximate Lot Size | 0.103 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | Ceiling Fans |
| Heating | Gas, Hot Water |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms | 0 |
Property Features
| Sewer | Public |
| Sub Property Type | |
| Taxes | $6,640.71 |
| Municipal Tax ID | 880059225 |
| Utilities | |
| Water | Public |
| Year Built Description | |
| Square Footage | 4541 |
| Cost per Square Foot | $148.65 |
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