39-41 N N 11TH ST new to site Save Request In-Person Tour Request Virtual Tour
Allentown,PA 18101
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $280
MLS Listing ID PALH2010516
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $8,053
Tax Year 2022
Lot Size 4,616 Sqft
Acres 0.11
Lot Dimensions 40.00 x 115.32
Property Description
We are excited to announce the availability of an income property in the heart of Allentown. In this up-and-coming area, this seven-unit gem is a great addition to any investment portfolio. $114,000 gross income and will be able to go up every year. This property has updated kitchens, hardwood floors, six apartments have high efficiency heat pumps for heat and AC and split-units for heating and air conditioning in the carriage house. Plus, two basements can also be rented. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. Finally, this property is convenient to downtown, including fantastic restaurants and the new science center. Same seller also has another seven unit and a ten unit withing 12 miles of this property. This is a great opportunity to grow your portfolio.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-H
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions All appliances
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 549689792985-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard