Multiple offers have been received. Owner is requesting highest and best offers by Monday at 6:30pm. This is the investment property you have been looking for in South Allentown. Whether you want to live in one unit as an owner occupant and have a tenant help pay your mortgage or you are a savvy investor looking for a cash flowing property, this home will be sure to WOW you. Currently a 10% cap rate. The first floor unit is currently rented at $1,400 a month and has 2 bedrooms, 1 bath, kitchen and living room. The second floor unit is currently rented at $1,500 a month and has 3 bedrooms, 1 bath, kitchen, living room and enclosed porch. Shared laundry on site and there is a parking pad big enough for 5-6 cars. Electric is paid by the tenants. This property is conveniently located close to transportation, schools, parks, shops and restaurants. Low taxes make this property truly affordable.
Sold for $299,900 on 07/25/24
$299,900
1851 S Front St, Allentown, PA 18103
5beds
1,440sqft
Multi Family, Apartment, Single Family Residence
Built in 1928
-- sqft lot
$314,700 Zestimate®
$208/sqft
$1,839 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 25, 2024 at 11:28am
Listed by:
Andrew J. Dilg 773-301-3644,
RE/MAX Real Estate
Bought with:
nonmember
NON MBR Office
Source: GLVR,MLS#: 740049
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Parking Pad, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,359 sqft
Details
- Parcel number: 640673012284001
- Zoning: R-ML-MEDIUM LOW DENSITY R
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment, Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$314,700
2% more+$6,294
With Zillow Showcase(estimated)$320,994