*** HIGHEST AND BEST OFFERS DUE TUES 5/28 at 12pm *** 2 UNITS! CASH FLOWING KING. Check out this rare opportunity on a corner lot in East Allentown. This property is a raised ranch/split level detached building set up as (2) 2 bedroom, 1 bath units with one on each level. The units are identical in layout. Each unit features a private entrance, outdoor covered patio space, separate off street parking, small yard to share, updated kitchens and recently painted and refreshed for the new owner. The generous open concept style layout is perfect to entertain. The main bedroom in each unit is large enough for a king sized bed too. The home features separate electric service (electric baseboard heat/electric hot water heat) and one water/sewer service. Each unit has a washer dryer hookup on the laundry/storage room. Awesome potential to live in one while the other pays for most of your mortgage. Last rentals were $1,700 for the 1st floor and $1,750 for the second floor. Pro Forma rent roll would put this at $3,700 per month gross income if both are rented. Opportunity is knocking with a projected cap rate of 10.7%!! This will not last long. Possible FHA, VA, Cash or Conventional buyers considered.
Sold for $370,000 on 06/28/24
$370,000
301 N Halstead St, Allentown, PA 18109
4beds
2,020sqft
Multi Family, Single Family Residence
Built in 1987
-- sqft lot
$392,200 Zestimate®
$183/sqft
$2,007 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 28, 2024 at 12:37pm
Listed by:
Afif Salloum 484-378-2153,
Realty One Group Supreme,
Stephanie Z. Salanik 610-360-3420,
Realty One Group Supreme
Bought with:
Jaspreet Kaur, RS359759
IronValley RE of Lehigh Valley
Source: GLVR,MLS#: 738405
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Wall Unit(s)
Interior area
- Total interior livable area: 2,020 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street, Parking Pad, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 3,702 sqft
- Dimensions: 41 x 120
Details
- Parcel number: 640795113877001
- Zoning: R-M-MEDIUM DENSITY RESIDE
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1987
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 .
$392,200
2% more+$7,844
With Zillow Showcase(estimated)$400,044