Great fully occupied multi to add to your investment portfolio with an 11 % cap rate. Fantastic opportunity to own a fully occupied 2 unit investment property in West Allentown by Lehigh Valley Hospital 17th St & West Park. 1st floor: Nice one bedroom unit is currently rented at $695.00 a month. 2nd/3rd floor: This 3 bedroom has good space which includes a living room, eat-in kitchen, 3 bedrooms and bath and is currently rented at $950.00 a month. But wait, there's more... 5, yes "5" rental income producing garages. A rare find in the city. New gas heating system provides energy efficiency. The seller will provide clear city resale certificate. Schedule your private tour today
Off market
$303,300
349 N 16th St, Allentown, PA 18102
4beds
1,964sqft
MultiFamily
Built in 1900
-- sqft lot
$303,300 Zestimate®
$154/sqft
$2,046 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Gas
Interior area
- Total interior livable area: 1,964 sqft
Property
Parking
- Parking features: Garage - Attached, Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 1,742 sqft
Details
- Parcel number: 5497502493171
Construction
Type & style
- Home type: MultiFamily
Materials
- special
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- Construction: Brick
- County: Lehigh
- HeatType: Radiator
- PropertyType: Investment Property
- Sewer: Public
- Status: Available
- Water: Public
- PropertySubTypeCategory: Apartment Style, Row-End Unit
- Cooling: No Air
- SpecialConditions: Not Applicable
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$303,300
2% more+$6,066
With Zillow Showcase(estimated)$309,366