3 Unit TURN KEY Money Maker. $39,000 Gross Income. Below Market Rents. LOW TAXES. Solid Construction with many Renovations and Improvements. The property was fully rehabbed to make all units very appealing for easy rental, with low operating costs as an owner. Net Income of $24,000 can be raised 10-20% to meet escalating market rents. Rents include gas heat, with an owner cost of just $165 mth, and makes the apartments VERY appealing to tenants. Never has a vacancy. Tenants pay own electric and hot water. A detached garage provides additional income or huge storage space if an owner needs it. Located on the north side of Allentown with nearby parks, athletic fields, shopping, bus and transportation routes, it is a perfectly located income property for long term value and growth.
Sold for $320,000 on 12/12/22
$320,000
841 N 6th St, Allentown, PA 18102
3beds
2,096sqft
Multi Family, Apartment, Single Family Residence
Built in 1910
-- sqft lot
$355,200 Zestimate®
$153/sqft
$2,034 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: December 13, 2022 at 11:10am
Listed by:
Gary Elbert 610-393-1801,
Bellman & Radcliff,
Evelyn Martinez 484-951-5846,
Bellman & Radcliff
Bought with:
Abby L. Tomasic, RS340754
BetterHomes&GardensRE/Cassidon
Source: GLVR,MLS#: 702259
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Radiator(s), Steam
Cooling
- None
Interior area
- Total interior livable area: 2,096 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 3
Lot
- Size: 2,395 sqft
Details
- Parcel number: 549795911349001
- Zoning: R-MH-MEDIUM HIGH DENSITY
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment, Single Family Residence
Materials
- Brick
Condition
- Year built: 1910
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,FHA
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$355,200
2% more+$7,104
With Zillow Showcase(estimated)$362,304