*Investment Opportunity* Welcome to this lucrative investment opportunity nestled in a prime rental location. This 2-unit property promises not only substantial strong rental income but also desirable amenities, making it an ideal addition to any investor's portfolio. Currently housing a tenant occupied 2-bedroom/1-bath 1st Fl unit with 2 off-street parking spots plus access to the basement for laundry that's rented at $1,250. The vacant spacious renovated 3-bedroom/2-full baths 2nd Fl unit consists of a modern kitchen with newer appliances plus a laundry area that can be easily rented for $1,850. It offers a total net income of $32,585 resulting in an impressive 11% cap rate! Located in a high-demand rental area, this property minimizes the risk of prolonged vacancies contributing to sustained profitability. You also have the flexibility to owner-occupy one unit & keep one unit rented. Seize this opportunity to acquire a lucrative investment property with substantial income potential. Whether you're a seasoned investor or exploring your first venture, this property promises attractive returns & enduring value. Schedule a viewing today & unlock the possibilities of real estate investment success! The seller will provide a clear certificate of occupancy from the City of Allentown.
Investor special. Great opportunity to beef up your rental portfolio with this cash flowing semi-detached property in Central Allentown. Long term tenant (6+ years). Property offers 4 bedrooms and 1 bathroom currently rented at $1,100 with much room to grow. Last rental CO cleared and passed with Allentown September 2023. CASH ONLY. NO SHOWINGS.
8 Units plus large garage. Selling 626 & 628 North 6th Street as a package. 2 connected, separate buildings with separate deeds. Off Street parking. Excellent cash flow 9.2% cap rate. N.I. $89460 Solid investment. 626 N 6th St has 2 units, both 2-bedroom apartments. 628 N 6th St has 6 units, all 1-bedroom apartments & a large garage. Separated utilities, improvements made. Recently painted exterior. Seller will provide clear C.O. at settlement.
Beautiful all brick three bedroom detached home on the West end of Allentown! The home has been completely remodeled with new floors, new windows, new heat pump, new bathroom and new kitchen. Two car detached garage in the rear (new garage doors have been ordered) Property will come with a Clear CO from the city of Allentown. Do not miss this great opportunity and come see it for yourself!
Investor special. Great opportunity to beef up your rental portfolio with this cash flowing semi-detached property in Central Allentown. Long term tenant (6+ years). Property offers 4 bedrooms and 1 bathroom currently rented at $1,100 with much room to grow. Last rental CO cleared and passed with Allentown September 2023. CASH ONLY. NO SHOWINGS.
Attention investors! Don't miss out on this great opportunity whether you are a first time or seasoned investor. Property offers a solid and consistent return. Priced competitively at $135,000. Featuring 2 bedrooms and one- and one-half baths, full basement, and attic. Small fenced in patio area. Stove, refrigerator, and washer included. Within walking distance of stores, restaurants, and businesses. Currently tenant occupied and is rented for $1350.00 a month. The Lease just renewed 2/1/24. Tenant pays electric, water, trash, and recycling.
Attention investors! Don't miss out on this great opportunity whether you are a first time or seasoned investor. Property offers a solid and consistent return. Priced competitively at $135,000. Featuring 2 bedrooms and one- and one-half baths, full basement, and attic. Small fenced in patio area. Stove, refrigerator, and washer included. Within walking distance of stores, restaurants, and businesses. Currently tenant occupied and is rented for $1350.00 a month. The Lease just renewed 2/1/24. Tenant pays electric, water,trash, and recycling.
Great investment opportunity!! This fully occupied 2 Unit offers one 3 bedroom apartment which features new laminate flooring and fresh paint throughout along with a 1 bedroom apartment which is occupied with long term tenant. Home is conveniently located near local schools, parks, dining and shopping.
Great investment opportunity!! This fully occupied 2 Unit offers one 3 bedroom apartment which features new laminate flooring and fresh paint throughout along with a 1 bedroom apartment which is occupied with long term tenant. Home is conveniently located near local schools, parks, dining and shopping.
Look No Further You Have Found The Spacious Home That Your Family Needs. The home has been meticulously maintained and cherished throughout the years by this current family. This Home features 5 spacious bedrooms and 2 full baths, Spacious Yard with a Large Covered Patio to enjoy Spring and Summer days and nights with a TV mounted on the wall. The owners have updated the roof in April 2022 and added an Energy Efficient Gas Furnace 12/17/2018. Windows were replaced by the previous owner. Owners are moving out of state and are Ready to Make a Deal. Nothing to do but move in. Owners are willing to leave some furniture behind if buyers are interested. All appliances and home security system will remain in the home. Open House 3/24/24 from 1-4pm
**Attention Investors & Business Owners** Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called *NORTHRIDGE*, projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
Luxury 3 bedroom condo located on a cul-de-sac in Estates at Fish Hatchery. At least $100,000 in upgrades. Large open concept family rm w/cathedral ceilings, Cornice custom drapery, crown molding, DR, kitchen w/quartzite countertops, waterfall edge, tile backsplash, breakfast bar, pantry, new microwave, and half bath compliment the first flr. Sliding glass door in the FR opens to a patio with nice, picturesque views. Master bedroom suite w/vaulted ceilings, walk in closet & master bath, double vanity sink with quartzite and custom tile shower. 2 additional bedrooms with cathedral ceilings, full bath & laundry room on the second floor. Third floor has a nice size room w/recessed lighting, walk-in closet and family closet for added storage An additional 400 square feet of living space in the finished lower-level recreational room with wet bar, refrigerator, granite countertop, stone front, recessed lighting, custom bookshelves, The high-end sound system with mounted television will remain. New windows throughout, new sliding door, new roof, carbon water filter system, water softener, hot water heater. All appliances to remain. Relaxing carefree living, the HOA fee includes replacement or repair of all outside components (roof, siding, driveway) plus all outside maintenance including grass cutting, snow removal, mulching and weeding. This lovely home is conveniently located steps from the Lehigh Parkway and nature trails. Minutes from Lehigh Valley Hospital, shopping and I-78.
Architectural details reminiscent of its origin are still present in the striking exterior of this brick colonial that has a captivating uniqueness that provides an incredible introduction to the amazing space inside. The home is further complimented both by the covered front porch and the entrance vestibule that is further accentuated by double sets of double doors. Upon entering the home you will see recently installed wide plank vinyl flooring that seamlessly integrates with many original features. This sun filled spacious living room has many windows, decorative non functioning fireplace area and is painted white created an amazing canvas for all your decor choices. The main floor also has formal dining room and an eat-in kitchen plus back room that could be used for many things. The second floor has bedrooms and full bath and then two more rooms are on the third floor! This home also offers a full basement, yard and DETACHED GARAGE! This 5 Bedroom Brick home is the one you have been waiting for... Look no further! Call to schedule your showing today!
Presenting an exceptional 3-bedroom, 2-bathroom property in the prime location of West Allentown, Pennsylvania. Strategically positioned near major routes including Rt 22, 78, 309, and the PA Turnpike, this residence offers unparalleled accessibility.This Bi-Level gem boasts a meticulously designed layout, featuring a substantial family room on the first level, complete with a half bath and convenient laundry facilities. Ascend to the second level, where a well-proportioned living room, kitchen, and dining room create a sophisticated and functional living space. The sliding glass doors open to a deck, providing a serene view of the meticulously maintained backyard. The uppermost level unveils three bedrooms, each adorned with classic hardwood floors, offering a peaceful retreat. The recently renovated full bath showcases contemporary elegance and attention to detail. Embrace the perfect blend of style, convenience, and eco-conscious living in this Allentown gem.
Perfect for a business owner, investor or someone who wants to redevelopa site in the heart of Allentown's NIZ opportunity zone, this beautifulbuilding features a gorgeous first floor retail / office space that is currentlya salon, 3 upper floor apartments and a 30 car private parking lot.Surrounded by 450 new apartments, 14,000+ office workers, andentertainment venues including the PPL Center, there has been more an abillion in new development in this zone since the NIZ inception becausemost taxes generated in the NIZ can be used to pay down debt service onany financed construction improvements within the zone.
The Versailles Loft Apartments epitomize a remarkable conversion from a former warehouse into an elegant residential and commercial space in Allentown. Acquired by a New Jersey architectural firm in 2008, the once Mayflower Moving Company warehouse underwent an extensive renovation, resulting in 16 loft apartments inspired by the style of New York City's SoHo district. The inclusion of a commercial space on the ground floor adds versatility to the building and contributes to the lively atmosphere of downtown Allentown.At the zenith of this architectural marvel is the breathtaking 3400-square-foot Penthouse, boasting unrivaled luxury and panoramic views of the cityscape. With its distinctive fusion of historical charm and modern elegance, the Versailles Loft Apartments serve as a testament to the successful repurposing of urban spaces and the dedication to enhancing the quality of life in downtown Allentown. The portfolio package comprises MLS listings 733680, 733625, and 733690.
The Warehouse at 123 N Lumber recently renovated and completed in July of 2023 presents 20 residential apartments within a multi-unit space situated in the heart of Center City Allentown. This remarkable complex is conveniently within walking distance to the renowned PPL Center, local restaurants, and various other venues in Allentown. Within the complex, residents have access to a fully functional gym featuring brand-new Peloton Bikes, Rogue lifting equipment, Rogue Treadmills, and Skiregs/Rowers by Concept 2. The gym also boasts a spacious common area with comfortable seating and flatscreen TVs for relaxation. Additional features of the building include elevator access, large open windows providing excellent lighting, expansive storage cases, intercom communication, a trash chute, Central Air/Central Heat, Stainless Steel Appliances in every Unit, 16 surveillance cameras with an option to view footage, and the convenience of a washer and dryer in each unit. There is a dedicated full-time superintendent available at 123 Lumber for all maintenance issues or concerns. Don't miss out on the opportunity to add this impressive living space to your portfolio"schedule your showing today.
ATTENTION INVESTORS! This LARGE FOUR BEDROOM End of Row home has lots of extra storage space with tenant paying $1955 per month in rent plus all utilities. New flooring and paint throughout and updated kitchen. Home is close to major highways, shopping and restaurants. Home is being sold "as is" and buyer is responsible for City of Allentown CO. Tenants lease ends on 5/31/2024.
Extraordinary ''handyman special'' available for sale on the West End of Allentown. The interior of this 4-bedroom, 3-bathroom house has recently been demolished and upgraded to a spacious 6-bedroom, 4-bathroom +/- 4,579 SF home with approved plans to show. The house is already framed and ready for the new owners to turn it into their dream home. Embrace the charm of a 1975 mid-century California-style ranch with brick accents that exude character and style. Enjoy the warmth of two wood-burning fireplaces, a convenient two-car garage, a second-floor loft with a walk-out deck, and a full unfinished basement brimming with potential. Conveniently located near Muhlenberg Elementary School, Trexler Middle School, and William Allen High School.
ATTENTION INVESTORS! SEMI-DETACHED THREE BEDROOM TWIN ready for new Investor! Tenant pays all utilities including water, sewer and trash. Property is being sold "as is" and buyer will assume responsibility for completing City of Allentown CO requirements. Great rate of return on your investment with this monthly rental of $1595 and your tenant paying all utilities.
LARGE FOUR BEDROOM/ONE BATH End of Row all brick Row home. New flooring and paint throughout. Updated kitchen. Home is close to major highways, shopping and restaurants. Home is being sold "as is" and buyer is responsible for City of Allentown CO. Tenant occupied with tenant paying $1955 per month plus all utilities. Tenants lease ends on 5/31/2024.
Welcome to 2034 Virginia St in Allentown, PA! This meticulously maintained single-family twin home if ready for its new owner. Priced at $230,000, this property is a rare find in great condition. Don't miss out"seize the chance to secure your future with this exceptional property!
Located in a Great Salisbury Township neighborhood, this attractive three bedroom, one and a half bath brick and vinyl home is close to retail, dining, hospitals, and all the major Lehigh valley thoroughfares. The home sits on a quiet street in the center of Oxford Park. Good sized living room, dining room combo. Parquet hardwood floor throughout. Three bedrooms each with their own closets and a full bath on the upper level. Family room in the lower level joins the utility/laundry room and provides access to the built-in, one car garage with opener. Nice sized fenced in rear yard. Multiple Offers received! Highest and best by Friday (3/29) at 10:00pm!
Welcome to 2034 Virginia St in Allentown, PA! This meticulously maintained single-family twin home offers a gross income of $20,715 and a net income of $17,134. Priced at $230,000, this property is a rare find in great condition. With a cap rate of approximately 7.45%, it exceeds the 7% benchmark, making it a great investment opportunity. Don't miss out"seize the chance to secure your future with this exceptional property!
Welcome to 308 South 16th Street! This west end Allentown beauty has many things to offer! While entering you will be greeted with a lovely sunroom that opens up to beautiful hardwood floors, custom woodwork/windows! First floor offers an open plan leading to a living room, dining room, kitchen, and powder room. Second floor offers 3 bedrooms, full bathroom, and additional room that can be utilized as a work from home office or storage area. The third floor is equipped with another bedroom, full bathroom, and an oversized closet. The basement opens up to additional living space that can be utilized for many more possibilities! Conveniently located near I-78, Rt 22, and the PA Turnpike. Newer roof that was installed in September 2020.