Michelle Thompson Pyle - Coldwell Banker Hearthside
723 Chestnut St
Allentown City, PA 18102

Description

ATTENTION INVESTORS! Three bedroom/One Bath End of Row yielding 12% CAP Rate. Property is being sold "as is" but will have a clear CO from the City of Allentown. Located in the B-2 Business District property has lots of future potential. Only a few steps from the bus terminal, PPL Center, shopping and restaurants. Also being offered as a package deal for all three properties on the same street--see MLS # 583633 abd #580552 for $210,000 yielding a CAP Rate of 12% and collecting rents of $3075 per month with tenant paying all utilities.

Details

MLS#580553
Sub-TypeResale
StatusActive
Year1905
Days On Site126

Features

SQ Feet1,128
Units1

Additional Information

County Taxes232.23
Municiple Taxes296.33
School Taxes1213.81
Total Taxes1742.37

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Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18102
AreaAllentown-Central
Listing VS Median (in 18102)
Price:
$72,900
low | high
Med:
$74,900
47.256515775034% of Average
SqFt:
1,128
low | high
Med:
1,332
31.914893617021% of Average
$ / SqFt:
$65
low | high
Med:
$56
62.992004350029% of Average
On Site:
126
low | high
Med:
127
99.212598425197% of Average
Listing Updated: 10/20/2018
MLS Number: 580553
Listing Provided By:
Kristine McCreary  of  BHHS Fox Roach - Coopersburg