39-41 N N 11TH ST Active Save Request In-Person Tour Request Virtual Tour
Allentown,PA 18101
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $268
MLS Listing ID PALH2010516
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $8,053
Tax Year 2022
Lot Size 4,616 Sqft
Acres 0.11
Lot Dimensions 40.00 x 115.32
Property Sub-Type Five Or More Units
Property Description
Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-H
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions All appliances
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 549689792985-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://youtu.be/XLCd20tAM10?si=bpZJbSD7SPnQJemn