239 North Church Street
Allentown City, PA 18102
- 3 beds
- 1 bath
- 1,094 sqft
- 1,498 sqft lot
- $127 per sqft
- 1890 build
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Attention investors! Feast your eyes on this fantastic opportunity at 239 N Church St in Allentown! This end-of-row single-family home is a lucrative addition to any portfolio, boasting a remarkably high cap rate for the area. With three bedrooms and one bathroom, this property is perfectly positioned for rental success. Tenants cover all utilities, while you handle insurance and taxes, ensuring a hassle-free investment. Generating a gross rental income of $17,115 and boasting manageable expenses of $2,105, this property yields an impressive net income of $15,010 annually, translating to a cap rate of approximately 10.72%. Moreover, its proximity to 236 N Church St, also for sale by the same owner, presents a unique chance to acquire multiple income-generating properties in one go. Don't miss out on this golden opportunity to secure consistent returns and expand your investment portfolio in Allentown!
Listing courtesy of GLVR / Steel City Realty
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Last updated May 16, 2024
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MLS# 733377 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/19/24
Apr 19, 2024
|
Sold | GLVR | $140,000 | |
2/23/24
Feb 23, 2024
|
Listed / Active | GLVR | $140,000 |