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Off market
Street View
  • $767,900

    266 E Walnut St, Allentown, PA 18109

    14beds
    5,280sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $767,900 Zestimate®
    $145/sqft
    $1,865 Estimated rent

    Owner options

    List your home for rent

    $1,865/mo

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    $1,865/mo

    Rent Zestimate®

    Refinance and save

    $4,912/mo

    Est. payment

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    $4,912/mo

    Est. payment

    What's special

    **INVESTOR ALERT** --6 UNIT turn key investment property.** FULLY 100% occupied & many renovations within the last few years. *Solid investment in this 6 UNIT BRICK building COMPLETELY RENTED. Very strong cash flow with 9%+ cap rate & leases are all in position for increases based on current rental market demand. Current GRI $66,180 per year. There are 6 apartments & an 8 car parking lot in the rear of the property. The owner has completed renovations over the last few years to each unit including newer kitchens, bathrooms, flooring, paint, etc. There is NATURAL GAS UTILITIES in the building. Owner will sell with Clear CO from the City of Allentown & all units are up to date with their yearly rental inspections from The City as well. Comparable Market rents are higher in the area. An easy to operate, easy to rent building with great numbers. Call your Agent as soon as possible to schedule a tour because we expect a fast sale. **INVENTORY LIKE THIS is scarce & in HIGH DEMAND**

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 5,280 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Allentown
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $767,900
    2% more+$15,358
    With Zillow Showcase(estimated)$783,258