
Seller's Agent in 2025
Frank Rinaldi
CENTURY 21 Pinnacle
(484) 788-8682
11 in this area
210 Total Sales
MULTIPLE OFFERS RECEIVED ***H&B is due Tuesday (1/21/25) by 5pm***Exceptional Investment Opportunity – 3-Unit Multifamily Property!- Offered at $345,000- Cap Rate: 8.3% (self-managed)Discover the perfect addition to your real estate portfolio with this three-unit building that combines strong cash flow with immediate upside potential. Featuring two spacious two-bedroom units and a well-sized studio, this property is designed for consistent income and future growth.Key Highlights: • Impressive Income: Gross rents are nearing $35,000 annually, with room for rent roll increases. • Expense Control: Owner has implemented RUBS (Ratio Utility Billing System) in 2 of 3 units, lowering operating expenses and boosting cash flow. • Strong Cap Rate: Enjoy an 8.3% cap rate, making this a high-performing asset for savvy investors. • Upside Potential: With rents slightly below market, there’s significant opportunity for increased income.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/26/2025 03/26/25 | Sold | $345,000 | 0.0% | $148 / Sq Ft |
01/23/2025 01/23/25 | Pending | -- | -- | -- |
01/18/2025 01/18/25 | Price Changed | $345,000 | +3.0% | $148 / Sq Ft |
01/16/2025 01/16/25 | For Sale | $335,000 | +42.6% | $143 / Sq Ft |
06/18/2021 06/18/21 | Sold | $235,000 | 0.0% | $101 / Sq Ft |
05/04/2021 05/04/21 | Pending | -- | -- | -- |
04/13/2021 04/13/21 | For Sale | $235,000 | -- | $101 / Sq Ft |
Seller's Agent in 2025
Frank Rinaldi
CENTURY 21 Pinnacle
(484) 788-8682
11 in this area
210 Total Sales
T
Buyer's Agent in 2025
Timothy Gaugler
RE/MAX
(610) 321-3730
2 in this area
23 Total Sales
Seller's Agent in 2021
Jessie Cevallos
BetterHomes&GardensRE/Cassidon
(610) 504-0337
30 in this area
106 Total Sales
Buyer's Agent in 2021
Ronald Bowser
Steel City Realty
(484) 895-9005
30 in this area
89 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 751098
APN: 549689827227-1