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Sold for $319,500 on 02/20/24
  • $319,500

    717 W Washington St, Allentown, PA 18102

    4beds
    1,968sqft
    Townhouse, Multi Family
    Built in 1900
    1,916.64 Square Feet Lot
    $333,400 Zestimate®
    $162/sqft
    $2,328 Estimated rent

    Owner options

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    $2,328/mo

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    $2,328/mo

    Rent Zestimate®

    Refinance and save

    $2,002/mo

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    $2,002/mo

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    What's special

    Exceptional Investment Opportunity - Fully Occupied 3-Unit Property Attention astute investors! Your search for a high-performing income property ends here. This well maintained 3-unit gem, fully occupied with tenants covering their utilities, is your ticket to financial success. With a robust gross annual income of $37,716 and efficiently managed expenses at $3,492, including taxes, insurance, and common meter costs, this property delivers an impressive net income of $34,224 annually. What's more, all units come with existing leases and deposits, ensuring stability from day one. This investment boasts an enviable cap rate of approximately 10+%. Don't let this golden opportunity slip through your fingers—contact us today and secure your spot in the world of lucrative real estate investments!

    Zillow last checked: 7 hours ago

    Listing updated: February 21, 2024 at 09:26am

    Listed by:

    Jennifer L. DeJesus 610-217-6330,

    Steel City Realty

    Bought with:

    Felisha M. Ortiz

    Realty One Group Exclusive

    Source: GLVR,MLS#: 729714MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • None
    Interior area
    • Total interior livable area: 1,968 sqft

    Property

    Parking
    • Parking features: Off Site
    Features
    • Stories: 3
    Lot
    • Size: 1,916 sqft
    • Dimensions: 16 x 120
    Details
    • Parcel number: 549794242521001
    • Zoning: R-MH-MEDIUM HIGH DENSITY
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $333,400
    2% more+$6,668
    With Zillow Showcase(estimated)$340,068