EXCELLENT OPPORTUNITY to purchase 30 cash-flowing rentals in desirable Allentown, PA. Perfect for 1031 or tax offset - most properties are located in Allentown's NIZ and also inside Opportunity Zone. Value-add opportunity for raising rents, and cap rate, since most are under-market value currently. This is a turn-key rental business in one of the hottest rental markets in the U.S. See attached pdf for stats.
Off market
$184,600
Portfolio 30 Units, Allentown, PA 18102
0beds
0baths
--sqft
Townhouse
Built in 1900
-- sqft lot
$184,600 Zestimate®
$--/sqft
$1,571 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Electric, Gas
Cooling
- Wall
Property
Parking
- Details: Paved Lot
Features
- Exterior features: Brick
Details
- Parcel number: 000000
- Zoning: R-Mh -Medium Density and RT
- Zoning description: R-Mh -Medium Density and RT
Construction
Type & style
- Home type: Townhouse
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- Heating: Baseboard, Electric, Gas
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Brick
- PetsAllowed: No
- NumberOfUnitsTotal: 30
- ParkingFeatures: Garage, Paved
- OtherParking: Paved Lot
- Cooling: Wall Unit(s)
- Sewer: Public
- StructureType: Row/Townhouse
- MlsStatus: Available
- GrossIncome: 388992
- NetOperatingIncome: 287799
- OperatingExpense: 126693
- Zoning: R-Mh -Medium Density and RT
- ZoningDescription: R-Mh -Medium Density and RT
- TaxAnnualAmount: 73206.00
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$184,600
2% more+$3,692
With Zillow Showcase(estimated)$188,292