$599,000

724 W Walnut St

Allentown City PA, 18101

Description

Check out this fully occupied 8-unit building located just steps away from the PPL Center Arena. All tenants are on yearly leases. Situated on the corner of South Hall Street & Walnut Street. New roof recently installed, and outside updated. A great investment opportunity, this is your chance to get in on the action. This building includes 8 one bedroom apartments. Tenants pay all utilities, including electric baseboard heat. Call today to set up your showing. 24 hours notice to tenants is required. 9% Cap rate. A clear C/O will be provided!

Details

MLS#604248
Sub-TypeResale
StatusActive
Year1880
Days On Site225

Features

SQ Feet3,848
Units8

Additional Information

County Taxes1126.94
Municiple Taxes1819.16
School Taxes5890.20
Total Taxes8836.30

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Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18101
AreaAllentown-Central
Listing VS Median (in 18101)
Price:
$599,000
low | high
Med:
$120,000
100% of Average
SqFt:
3,848
low | high
Med:
0
100% of Average
$ / SqFt:
$156
low | high
Med:
$0
100% of Average
On Site:
225
low | high
Med:
287
78.397212543554% of Average
Listing Updated: 10/22/2019
MLS Number: 604248
Listing Provided By:
Melissa G. Sterner  of  Keller Williams Real Estate