Listing Courtesy of: David Feinberg - RE/MAX Central - Center Valley

266 E Walnut Street Allentown City, PA 18109

Investment Residence
14 Beds
6 Baths
5,280 Sq. Ft.
**INVESTOR ALERT** --6 UNIT turn key investment property.** FULLY 100% occupied & many renovations within the last few years. *Solid investment in this 6 UNIT BRICK building COMPLETELY RENTED. Very strong cash flow with 9%+ cap rate & leases are all in position for increases based on current ren...tal market demand. Current GRI $66,180 per year. There are 6 apartments & an 8 car parking lot in the rear of the property. The owner has completed renovations over the last few years to each unit including newer kitchens, bathrooms, flooring, paint, etc. There is NATURAL GAS UTILITIES in the building. Owner will sell with Clear CO from the City of Allentown & all units are up to date with their yearly rental inspections from The City as well. Comparable Market rents are higher in the area. An easy to operate, easy to rent building with great numbers. Call your Agent as soon as possible to schedule a tour because we expect a fast sale. **INVENTORY LIKE THIS is scarce & in HIGH DEMAND** Continue reading
MLS#
651417
Property Type
Investment
Bedrooms
14
Bathrooms
6 Full
Year Built
1910
Square Feet
5,280 sq. ft
Sewer
Public Sewer

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

How much home can I afford?

Get prequalified today and learn more.

Get Started
Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: David Feinberg - RE/MAX Central - Center Valley
Thomas H. O’Leary, PA License #RM423918, Xome Inc., PA License #RB067821, ThomasH.OLeary@xome.com, 844-400-XOME (9663) 27081 Aliso Creek Road, Suite 200, Aliso Viejo, CA 92656


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. Real Estate listings held by brokerage firms other than this broker's Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is 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. Copyright 2020 Greater Lehigh Valley REALTORS® Multiple Listing Service. All Rights Reserved.
This content last refreshed on 10/25/2020 4:25:00 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Contact Agent Prequalify