$1,190,000
$1,075,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
7 Baths
5,604 SqFt
SOLD DATE : 10/20/2025
Key Details
Sold Price $1,190,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,604 sqft
Price per Sqft $212
Subdivision Not In Development
MLS Listing ID 760476
Sold Date 10/20/25
Bedrooms 9
Full Baths 7
Construction Status Unknown
HOA Y/N No
Year Built 1900
Annual Tax Amount $8,053
Lot Size 4,617 Sqft
Acres 0.106
Property Sub-Type Apartment
Property Description
9.4% Cap Rate - Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.
Location
State PA
County Lehigh
Area Allentown-Central
Direction Route 22 to 7th street south to linden street turn left go to N 11th and make a right turn . Property will be on the left on 11th
Interior
Interior Features Balcony
Heating Forced Air
Cooling Central Air
Flooring Hardwood
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 6
Building
Story 3
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Allentown
Others
Senior Community No
Tax ID 549689792985001
Security Features Fire Escape
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MBR Office
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA