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Seller's Agent in 2021
Geoff Gunn
Realty Outfitters
(484) 201-5251
22 in this area
70 Total Sales
Terrific 3 unit investment Property in Allentown. Property consists of two 2 BR apartments and one 1 BR apartment. All apartments are in good condition and are occupied by clean tenants. Currents rents are below market value and could be raised. At current rents, the building yields nearly a 9% cap rate, and with an increase on the first and third floors to market rents, the investment properties' cap rate would be in excess of 10%. This investment property is a great opportunity for both the beginner/owner occupant as well as an experienced savvy investor. This is a definite MUST See!!!!!
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/18/2021 06/18/21 | Sold | $250,000 | +4.2% | $1,168 / Sq Ft |
05/02/2021 05/02/21 | Pending | -- | -- | -- |
04/28/2021 04/28/21 | For Sale | $239,900 | -- | $1,121 / Sq Ft |
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Seller's Agent in 2021
Geoff Gunn
Realty Outfitters
(484) 201-5251
22 in this area
70 Total Sales
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Buyer's Agent in 2021
Elizabeth Ubri Montero
Allentown City Realty
(484) 719-1581
25 in this area
73 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 666124
APN: 549760446232-1