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Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. *One of the sellers is a Licensed real estate agent.
| DAYS ON MARKET | 76 | LAST UPDATED | 3/17/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Allentown |
|---|
| PRICE HISTORY | |
| Prior to Mar 17, '25 | $1,350,000 |
|---|---|
| Mar 17, '25 - Today | $1,295,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-Central |
| CONSTRUCTION | Brick |
| EXTERIOR | Balcony |
| LOT | 4617 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 8053 |
| WATER | Public |
| ZONING | R-H-HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with EXP Realty LLC
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This IDX solution is (c) Diverse Solutions 2025.
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