745 N 20th St, Allentown, PA 18104

FANTASTIC INVESTMENT OPPORTUNITY in this well-maintained 4 unit multifamily in Allentown's highly desirable West End. This property consists of TWO SEPERATE PARCELS with 4-1BR units FULLY OCCUPIED with 2-1 car garages. Assuming a 5% vacancy factor, current rents reflect an 8.2% cap rate and 10.7% cash on cash return with a commercial loan based on 20% down, an interest rate of 4.5%, amortized over a 20 year term. Building to be sold with a clear certificate of occupancy from the City of Allentown. This is a fantastic asset to add to any new or existing real estate portfolio and will not last. Heating is in the process of being converted to gas by UGI and will be completed prior to settlement. Please contact listing agent for additional details and financial reports.