Great investment opportunity! This property has a 13% cap rate and the owner currently grosses 26k per year. The building has 3 units. The 1st unit is a 1 bedroom efficiency and rents for $400/month. The 2nd unit consists of 3 bedrooms, living room, kitchen, full bathroom and it rents for $800/month. The 3rd unit consists of 5 bedrooms, kitchen, large living room, full bathroom and it rents for $900/month. Tenants pay all utilities, owner pays water. This property also has a 2 car garage that rents for $140/month. Close to highways and shopping. Don't miss out!!
Off market
$412,800
848-850 N 7th St, Allentown, PA 18102
9beds
3,506sqft
MultiFamily
Built in 1890
-- sqft lot
$412,800 Zestimate®
$118/sqft
$1,934 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Carpet, Hardwood
Interior area
- Total interior livable area: 3,506 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Size: 3,057 sqft
Details
- Parcel number: 5497942809251
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Allentown
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$412,800
2% more+$8,256
With Zillow Showcase(estimated)$421,056