736 9th
ALLENTOWN, PA 18102
- – beds
- – baths
- 1,539 sqft
- 1,246 sqft lot
- $162 per sqft
- 1900 build
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$31200 gross and $25200 net income over 10% cap rate 2-unit investment property in the Heart of Allentown. Property comes with 100% clear CO from the city of Allentown. 1st floor renovated one bedroom unit with access to the yard will be left vacant form showings. Seller could rent it after there is an agreement. 2nd floor is month to month at $1250 in a large 2-bedroom apartment which can be rented at $1475. The savvy investor can easily exceed these projected numbers The heat and electric are all separated, and you can charge them for water/sewer. Buyer does not need to worry about any city repairs, just get the rents where they can be and have great cash flowing property. Leaving unit vacant has tenants lined up for $1150. People who do not think we can get these rents don't get the market. Great rental market! Come take advantage. Rental in the area do not stay vacant.
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Last updated Mar 30, 2024
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MLS# PALH2007576 —
Walk Score®
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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).
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/29/24
Mar 29, 2024
|
Sold | BRIGHT | $250,000 | 1.2% |
|
3/1/24
Mar 1, 2024
|
Pending | BRIGHT | $247,000 | |
|
2/17/24
Feb 17, 2024
|
Listed / Active | BRIGHT | $247,000 |