Calling all investors. Established, well-maintained 3-unit property with long-term tenants and excellent payment history. Property is located in the up and coming Center City Allentown, one block away from the 7th Street stores and restaurants. It is within walking distance to the buses, PPL theater, Art district and all the conveniences the Center City offers. The property has been meticulously maintained and passed Allentown Code (every 5-year) inspection in 2023. The property has 3 one-bedroom units. All three units have long term tenants who intend to stay. Unit 1 has a housing contract. Tenant has been living there for over 4 years. Unit tenant pays all utilities. Landlord pays electricity for unit 2 and 3 and water, sewer, taxes. The building has an updated 200Am electrical system with low maintenance electrical heat. Current rent for all units are below market due to rapid rent increase in the area during the last year. Selling as is.
Sold for $225,000 on 06/28/23
$225,000
534 N Law St, Allentown, PA 18102
3beds
--sqft
Townhouse, Multi Family
Built in 1900
-- sqft lot
$257,300 Zestimate®
$--/sqft
$2,252 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 29, 2023 at 10:59am
Listed by:
Christopher J. Carr 855-885-4663,
HomeZu
Bought with:
Sarah Sadler, RS360577
Keller Williams Allentown
Source: GLVR,MLS#: 716672
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Ceiling Fan(s)
Features
- Flooring: Hardwood
Property
Parking
- Parking features: None
Features
- Stories: 3
Details
- Parcel number: 640703647901 001
- Zoning: Resid
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Multi Family
Materials
- Brick
Condition
- Unknown
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Old Frgrnds Historic
Other
Other facts
- Listing terms: Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$257,300
2% more+$5,146
With Zillow Showcase(estimated)$262,446