ATTENTION INVESTORS!! Multi-unit income producing property. Fully occupied with excellent rental history & little turnover. This unique property offers 5 units plus office/storage space and garages. Currently at 9% cap rate with room for improvement. All rents are below market value. Owner will transfer with clear CO. Walking distance to downtown local shopping, dining, public transportation and at a close proximity to all major highways. Don't miss this great opportunity, schedule your showing today.
Off market
$467,600
453 N 5th St, Allentown, PA 18102
--beds
0baths
3,541sqft
MultiFamily
Built in 1885
-- sqft lot
$467,600 Zestimate®
$132/sqft
$1,498 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Gas
Interior area
- Total interior livable area: 3,541 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 1,742 sqft
Details
- Parcel number: 6407131392991
- Zoning: PA077
- Zoning description: PA077
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- StoriesTotal: 3.0
- Heating: Gas
- HeatingYN: true
- ConstructionMaterials: Brick
- NumberOfUnitsTotal: 8
- PetsAllowed: No
- GrossIncome: 48000
- Cooling: No Air
- Sewer: Public
- Zoning: PA077
- ZoningDescription: PA077
- CoListAgentFullName: Chelsea Vassa
- MlsStatus: Available
- NetOperatingIncome: 39243
- OperatingExpense: 8757
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$467,600
2% more+$9,352
With Zillow Showcase(estimated)$476,952