Portfolio-6 Bldg-37 Units
Allentown City, PA 18102

$2,299,999

Description

CONFIDENTIAL LISTING: Pride of ownership is readily apparent in both the physical appearance and the financial details for this six property portfolio. All 37 units (consisting of 9 apartments and 28 furnished rooms) have been continuously rented at near 0% vacancy for years. This is a turn-key opportunity for any investor as there is no deferred maintenance on six properties located in the high-demand area of downtown Allentown. Rents are still slightly below market and all properties and units will have up-to-date and clear Allentown Certificate of Occupancy Permits prior to sale. All six properties are within 1 mile of each other in center city Allentown surrounding the designated Neighborhood Improvement Zone. Please register via the Covenant of Confidentiality to receive the complete package of financial information and seller's disclosures.

Details

MLS#601075
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site113

Features

Story(s)0
Units37
ZoningRH High Density Residential

Additional Information

Total Taxes28218.00

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Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18102
AreaAllentown-Central
Listing VS Median (in 18102)
Price:
$2,299,999
low | high
Med:
$84,950
100% of Average
On Site:
113
low | high
Med:
33.5
100% of Average
Listing Updated: 05/22/2019
MLS Number: 601075
Listing Provided By:
Carrie C. Ward  of  HowardHanna TheFrederickGroup