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442-444 N 5TH Street

ALLENTOWN, PA 18102
  • $1,295,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: PALH2007350
UPDATED: 49 min ago
$1,295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1892
County:

School Ratings & Info

School District:

Description

Remarks MULTI UNIT 8- 1 bedroom units with a secure and gated parking lot for the tenants. 7 units have been RENOVATED with NEW KITCHENS, BATHROOMS,FLOORING, WINDOWS, NEW FRONT DOOR and NEW RUBBER ROOF completed 2021! GROSS INCOME 126,420 STRONG TRACK RECORD OF GENERATING EXCELLENT RENTAL INCOME. The units are light and bright with high ceilings generous size rooms and good storage and have capacity to have washer/dryers in units. The building has been well maintained and cared for and shows nicely.The building is located in a very residential part of the city with a playground and park near by and is also close to PPL Center, restaurants, transportation, shopping and schools. SEE VIDEO and schedule a appointment!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Redstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T10:55:32.223.
www.redstonerealty.us/homes/145521115
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442-444 N 5TH Street ALLENTOWN, PA 18102

  • Price: $1,295,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 49 min ago
  • ID#: PALH2007350
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1892
Built
Neighborhood:
None Available
County:
Lehigh
Area:
Allentown City (12302)
School District:
Allentown
Property Description
Remarks MULTI UNIT 8- 1 bedroom units with a secure and gated parking lot for the tenants. 7 units have been RENOVATED with NEW KITCHENS, BATHROOMS,FLOORING, WINDOWS, NEW FRONT DOOR and NEW RUBBER ROOF completed 2021! GROSS INCOME 126,420 STRONG TRACK RECORD OF GENERATING EXCELLENT RENTAL INCOME. The units are light and bright with high ceilings generous size rooms and good storage and have capacity to have washer/dryers in units. The building has been well maintained and cared for and shows nicely.The building is located in a very residential part of the city with a playground and park near by and is also close to PPL Center, restaurants, transportation, shopping and schools. SEE VIDEO and schedule a appointment!
Exterior Features

Construction Materials Brick Door Features Double Entry Garage YN No Location Type Urban Lot Features Corner Parking Features Paved ParkingPrivate Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof RubberShingle View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8400.00 Cooling None Exclusions Tenants personal property Flooring Luxury Vinyl Plank Heating Baseboard - Electric Heating YN Yes Net Square Feet 8400.00

Property Features

Acceptable Financing CashConventionalExchange Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Liberty Electric 220 Volts Elevators 0 Gross Income 126420.00 Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality ALLENTOWN CITY Navigable Water YN N Net Operating Income 87317.00 New Construction YN No Number Of Units Total 8 Operating Expense 36574.00 Original MLSNumber 802749745004 Owner Pays Common Area MaintenanceInsuranceManagementMiscellaneousReserves for ReplacementRepairsSewerTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession Immediate0-30 Days CD31-60 Days CD Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 10372.00 Tax Assessment Amount 318000.00 Tax Lot 008 Total Actual Rent 126420.00 Utilities Electric AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning R-MH Zoning Description High Density Residential

Listing courtesy of BHHS Fox & Roach-Macungie: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Redstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T10:55:32.223.
 
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