
Seller's Agent in 2018
Larry Ginsburg
BHHS Regency Real Estate
(610) 393-0892
69 in this area
328 Total Sales
Opportunity to own 2 high profile corners in the West End Theatre District w/7 units & 30 car parking lot. 1901 W. Allen St. and 1902 W. Allen St. being sold as a package. Combined Gross Income $116,887 - Combined Net Operating Income $80,061. *******
1901 W. Allen St.
Prime corner 5 unit building w/30 car parking lot. 2 commercial store fronts on the 1st flr w/3 apts. above. Each unit pays their own utilities & the building is fully occupied. New roof 2014. Gross Income w/CAM is $67,956 Total Expense: $24,876 (Taxes $13,176 - Ins. $2,500 - Maintenance $2,000 - Snow $5,000 - W & S $2,200) Net Operating Income $43,080 *******
1902 W. Allen St.
Prime corner w/2 commercial store fronts with additional income from rooftop billboards. Each tenant pays their own utilities & the building is fully occupied. Gross Income with CAM is $48,912 Total Expenses: $11,950 (Taxes $7,450 - Ins. $1,500 - Repairs $1,000 - Maintenance $1,500 - W & S $500.00) Net Operating Income $36,962
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/12/2018 12/12/18 | Sold | $930,000 | -7.0% | $123 / Sq Ft |
11/13/2018 11/13/18 | Pending | -- | -- | -- |
02/17/2018 02/17/18 | For Sale | $999,900 | -- | $132 / Sq Ft |
Seller's Agent in 2018
Larry Ginsburg
BHHS Regency Real Estate
(610) 393-0892
69 in this area
328 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 570230
APN: 549720978941-1