39 41 North 11Th Street Active

Allentown City,PA 18101

$ 1295000

9 Beds

7 Baths

5604 SqFt


Key Details

Property Type Condo

Sub Type Apartment Style

Listing Status Active

Purchase Type For Sale

Square Footage 5,604 sqft

Price per Sqft $231

Subdivision Not In Development

MLS Listing ID 751096

Bedrooms 9

Full Baths 7

Year Built 1900

Annual Tax Amount $8,053

Lot Size 4,617 Sqft

Property Sub-Type Apartment Style

Property Description

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.

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling Central AC

Exterior

Garage Spaces 6.0

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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