2115 Union Blvd Allentown, PA 18109
Midway Manor NeighborhoodEstimated payment $5,371/month
Total Views
24,666
--
Bed
--
Bath
6,230
Sq Ft
$128
Price per Sq Ft
About This Home
Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with two overhead doors, high ceilings and 3 lifts. AAA single store tenant in regards to on-time payments and never a bother. On of the owners is a PA licensed real estate agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,634
Year Built
- Built in 1955
Lot Details
- 0.27 Acre Lot
Parking
- 12 Parking Spaces
Home Design
- 6,230 Sq Ft Home
- Commercial or Retail Space
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
Community Details
- Insurance Expense $2,000
- Maintenance Expense $6,000
- Operating Expense $21,039
- Gross Income $81,796
- Net Operating Income $60,757
Listing and Financial Details
- Assessor Parcel Number 641749044474 001
Map
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Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/03/2025 03/03/25 | For Sale | $795,000 | -- | $128 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Source: Greater Lehigh Valley REALTORS®
MLS Number: 753239

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