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Excellent investment property. Fully occupied 3 unit. CAP RATE 11%, Separate utilities. Tenants pay electric, Which consists of the heat, electric and hot water. 2 car detached garage (garage included with rent 1st floor apt). Lower level apt-$725/mo-1 BR; 1st Flr Apt-$1600/mo 3 BRs-includes garage use; 2nd Flr apt-$1200/mo 4-5 BRs. 3 separate hot water heaters, separate electric panels, separate landlord panel. Built up roofs-2 years new. Entire exterior recently painted, including garage .Some newer vinyl plank flooring. Some hardwood floors. Clear C/O provided at settlement.
| DAYS ON MARKET | 2 | LAST UPDATED | 9/10/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1890 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Allentown-Central |
| CONSTRUCTION | Brick, Other, Stone |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 25.5 X 120 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Not in Development |
| TAXES | 3926.46 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Rudy Amelio Real Estate
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