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This commercial property is back on the market! Featuring a bakery on the first floor and a leased residential unit on the second floor, it offers a solid 11% capitalization rate. The first-floor bakery tenant is secured with a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. With reliable tenants and consistent cash flow, this property is a fantastic ownership opportunity. Listed as investment property #746262, check out the cash flow details today!
| DAYS ON MARKET | 29 | LAST UPDATED | 10/3/2024 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Allentown-Central |
| COUNTY | Lehigh | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | Allentown |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-Central |
| CONSTRUCTION | Brick |
| LOT | 2657 sq ft |
| SEWER | Public Sewer |
| TAXES | 6808.68 |
| WATER | Public |
| ZONING | R-H-HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Signature Lux Realty
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This IDX solution is (c) Diverse Solutions 2024.
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