2 unit entering into Center City Allentown showing a 11% Cap rate and fully occupied. Property to be sold with a clear CO! Unit 1 has 3 bedrooms 2 bathrooms and is in great condition. Gas heat and gas hot water Unit 2 is on the 3rd floor and has 2 bedrooms. Electric heat and electric hot water. Make the purchase and start collecting $1600 a month in rent. Currently rented at below market value with the potential to get at least $1800 a month in rent conservatively equaling a 13% projected CAP. Tenants on month to month occupancy!
Bedrooms: 5
Bathrooms: 3
Square feet: 2,574
Price: $125,000
For more information about this property, please contact Jennifer DeJesus at 610-465-5600 or j.dejesus@cbhearthside.com. You can also text 3917987 to 67299.
MLS ID: 530619
No comments:
Post a Comment