$386,000
$359,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
3,024 SqFt
SOLD DATE : 11/08/2024
Key Details
Sold Price $386,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $127
Subdivision Not In Development
MLS Listing ID 746277
Sold Date 11/08/24
HOA Y/N No
Year Built 1890
Annual Tax Amount $3,485
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 18.10 x 120
Property Sub-Type Apartment
Property Description
3 Unit Investment Property ~ End Row Townhome ~ offers 2 car - parking pad ~ All Brick Building ~ Fully occupied ~ 45,240 gross annual rental income ~ Net Income = $ 37,158 ~ Yielding a 10.3 % Cap Rate ~ some long term tenants ~ Solid Rental history ~ walkability factor through the city is a great upside ~
Location
State PA
County Lehigh
Area Allentown-Central
Direction Hamilton Street, N on 12th Street, Go 3 blocks property is on the Left
Interior
Interior Features Balcony
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Carport, On Street
Water Access Desc Public
Total Parking Spaces 2
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Allentown
Others
Senior Community No
Tax ID 549770668473001
Security Features Fire Escape
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
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1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA