466 W Washington St, Allentown, PA 18102

$52,500 Projected Gross, $39,940 Projected NET, 9.00 % CAP rate @ $265,000 asking. four fully occupied residential units and 1 vacant commercial unit which landlord uses for storage. 1st floor pays heat, Landlord pays for water, and heat for 2nd and 3rd floor). all tenants are long term tenants. Tenants are responsible for snow removal. property has two boilers. Property has rubber roof and was last changed in 2007. property passed inspection in 2018. Investment property with great income .Property is close to the PPL center and also right next to Sheridan El School, Trexler Middle School, William Allen High School, Jefferson elementary school and Good Shepherd Hospital. The closest grocery stores are Jayden Grocery & Deli, Jalapeno Deli & Grocery and Cho's Food Market. Nearby coffee shops include Dunkin' Donuts, McDonald's and Bon Appetit Cafe. Nearby restaurants include Zandy's Steak Shop, La Poblanita Deli and Jalapeno Mexican Deli.