OPEN SHOWING Saturday June 10 from 11am - 1pm. $45,600 annual Money Machine. $38k net. Detached and Renovated. 2 unit with 5 car garages. Set up for profit. SEPARATE UTILITIES. Efficient gas heat, gas hot water and electric all paid by the tenants. 2 ATTRACTIVE UNITS Plus 5 CAR GARAGES. The Garages are like having a 3rd unit renting for $800 that never has toilets, kitchens or flooring to repair/update.
The apartments are spacious with both having been renovated with modern kitchens and bathrooms. EASY TO RENT. Fully occupied, located steps away from the expanding downtown renaissance (over $1B in development). LOW TAXES. Operating cost are critical to your bottom line. Very low real estate taxes of just $1600 per unit, including the 5 car garages, add more punch to profit! This is a TURN KEY established investment rental operation. Start building or add to a profitable income property portfolio in one of the hottest rental markets in the region. Opportunity knocks!
Sold for $355,000 on 06/27/23
$355,000
1024 W Turner St, Allentown, PA 18102
4beds
2,588sqft
Multi Family, Apartment, Single Family Residence
Built in 1895
-- sqft lot
$387,100 Zestimate®
$137/sqft
$1,793 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 27, 2023 at 08:52am
Listed by:
Gary Elbert 610-393-1801,
Bellman & Radcliff,
Evelyn Martinez 484-951-5846,
Bellman & Radcliff
Bought with:
Carmen E. Lajas, RM425616
Allentown City Realty
Source: GLVR,MLS#: 718714
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Cooling
- None
Features
- Balcony
Interior area
- Total interior livable area: 2,588 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 3
Lot
- Size: 2,308 sqft
Details
- Parcel number: 549780751627001
- Zoning: R-MH-MEDIUM HIGH DENSITY
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment, Single Family Residence
Materials
- Brick
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Old Allentn Historic
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$387,100
2% more+$7,742
With Zillow Showcase(estimated)$394,842