$2,299,999

Portfolio-6 Bldg-37 Units

ALLENTOWN PA, 18102

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. Guided group tour led by the owner is scheduled for Saturday, February 2 at 11:00 a.m. Please submit offers by Wednesday, February 6th at 5:00 p.m. EST.

Details

MLS#PALH109164
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site234

Features

Story(s)0
ZoningRH AND RM

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Area Information

StatePA
CityALLENTOWN
Zip Code18102
AreaAllentown City (12302)
Listing VS Median (in 18102)
Price:
$2,299,999
low | high
Med:
$139,000
100% of Average
On Site:
234
low | high
Med:
25.500000
100% of Average
Listing Updated: 09/21/2019
MLS Number: PALH109164
Listing Provided By:
Carrie C Ward  of  Howard Hanna The Frederick Group