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    201 S Madison Street

    Allentown City, PA 18102
    • $160,000
    • STATUS: Available
    • ON SITE: 7 days
    • ID#: 654127
    $160,000
    • 4
      BEDS
    • 0.04
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,344
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    School District:

    Description

    COVID PROOF w/ consistent payments - $20,700 GROSS, $16,030 NET, ABOVE 10% CAP @ ASKING. Preparing for this sale, ownership recently updated this 3 story, 2-UNIT, BRICK exterior multi-family home w/ updated kitchens, *NEW* high-efficiency, split gas, boiler & cooling system. ALL SEPARATE UTILITIES. Modern bathrooms, bright, natural lighting & spacious apartments make this a very desirable MULTI. Tenants pay all utilities & rents are below market. The over-sized 3BR & 1 BR apartments are clean & inviting. A large WALKOUT basement can be used for storage, extra space for a tenant. All the essential amenities are located within 1-mile radius. 123 restaurants within 5 mile radius. 1.1 miles away from Little Lehigh Parkway & 2.7 miles from Allentown Municipal Golf Course. This property is offered individually or can be purchased along w/ the other 9 units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.

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    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-27T23:12:56.88.
    www.seeinsidethehouse.com/homes/112012799
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    201 S Madison Street Allentown City, PA 18102

    • Price: $160,000
    • Status: Available
    • ID#: 654127
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.04
    Acres
    2,344
    SQFT
    $68
    $/SQFT
    1914
    Built
    Neighborhood:
    Not In Development
    County:
    Lehigh
    Area:
    Allentown-South
    School District:
    Allentown
    Property Description
    COVID PROOF w/ consistent payments - $20,700 GROSS, $16,030 NET, ABOVE 10% CAP @ ASKING. Preparing for this sale, ownership recently updated this 3 story, 2-UNIT, BRICK exterior multi-family home w/ updated kitchens, *NEW* high-efficiency, split gas, boiler & cooling system. ALL SEPARATE UTILITIES. Modern bathrooms, bright, natural lighting & spacious apartments make this a very desirable MULTI. Tenants pay all utilities & rents are below market. The over-sized 3BR & 1 BR apartments are clean & inviting. A large WALKOUT basement can be used for storage, extra space for a tenant. All the essential amenities are located within 1-mile radius. 123 restaurants within 5 mile radius. 1.1 miles away from Little Lehigh Parkway & 2.7 miles from Allentown Municipal Golf Course. This property is offered individually or can be purchased along w/ the other 9 units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.
    Exterior Features

    Construction Brick Lot Dimensions 15.33 X 120 Parking Off Site Parking Spaces 0

    Interior Features

    Cooling Wall Ac Heat Type Gas

    Property Features

    Electric 360 Gas 0 Gross Income 20700 Heat 0 Lot Size Source Tax Records Net Income 16030 Operating Expense 4670 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleRow-End Unit Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 2940.00 Water Public Water Sewer 520 Zoning Code R-Mh-Medium High Density Residential

    Listing provided courtesy of Exp Realty Llc.


    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-11-27T23:12:56.88.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809