Allentown City, PA 18102,514 North 15Th Street
Allentown City, PA 18102,514 North 15Th Street
Allentown City, PA 18102,514 North 15Th Street
Allentown City, PA 18102,514 North 15Th Street
Allentown City, PA 18102,514 North 15Th Street
Allentown City, PA 18102,514 North 15Th Street
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$475,000

$550,000

13.6%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

3,255 SqFt


SOLD DATE : 02/01/2024

Key Details

Sold Price $475,000

Property Type Condo

Sub Type Apartment Style,Detached,Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,255 sqft

Price per Sqft $145

Subdivision Not In Development

MLS Listing ID 726685

Sold Date 02/01/24

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1910

Annual Tax Amount $5,746

Lot Size 4,800 Sqft

Property Description

$60K ACTUAL Gross, $49K Net, 8.91%+ CAP @ Asking. This turnkey multi-family investment comes with a CLEAR Certificate of Occupancy & 3 (three) renovated apartments & 6 (six), single-car garages, across three structures, on one parcel, with the potential to build. The 1st building is a 1900 SF single-family home with 3/4BRs, 1.5 BA, with a brand-new kitchen, new paint, updated floors, 1st FL wash/dryer & significant upgrades throughout. The 2nd & 3rd buildings each hold 1-BR/1BA apartments with three (3) individual car garages below (totaling 6). Both 1BR apartments are being completely gutted & remodeled with Brand NEW paint, flooring, stainless appliances, washers/dryers, updated electric, etc. Ten-year-old roof. All utilities are separated & paid by the tenant. Across the ST from Luis Ramos Elementary, Jackson Childhood Cntr, & walking distance to LV Hospital, CVS, & other amenities.

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling Wall AC

Exterior

Parking Features Garage

Garage Spaces 6.0

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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Listed by EXP Realty LLC
Bought with TSB Property
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

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