Maria Hadfield - Coldwell Banker Hearthside
729 Chestnut St
Allentown City, PA 18102

Description

ATTENTION INVESTORS. Three Bedroom/One Bath row home bringing a CAP Rate of 11%! Current tenant is paying $985 per month plus all utilities. Property is being sold "as is" but has a clear CO from the City of Allentown. Located in the B-2 Central Business District this property brings lots of future potential. Only a short walk to PPL Center, bus terminal, shopping and restaurants. ALSO BEING OFFERED AS A PACKAGE DEAL w/ MLS # 580553 and 583633 for $210,000...all three properties on one street! Total rents are $3075 monthly for all three-- which yields over a 14% CAP Rate!!!

Details

MLS#580552
Sub-TypeResale
StatusActive
Year1905
Days On Site128

Features

SQ Feet1,188
Units1

Additional Information

County Taxes239.88
Municiple Taxes296.18
School Taxes1253.76
Total Taxes1789.82

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Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18102
AreaAllentown-Central
Listing VS Median (in 18102)
Price:
$72,900
low | high
Med:
$74,950
47.18792866941% of Average
SqFt:
1,188
low | high
Med:
1,419
30.555555555556% of Average
$ / SqFt:
$61
low | high
Med:
$55
61.134154825813% of Average
On Site:
128
low | high
Med:
12.5
100% of Average
Listing Updated: 10/22/2018
MLS Number: 580552
Listing Provided By:
Kristine McCreary  of  BHHS Fox Roach - Coopersburg