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Home For Sale

Picture of Home For Sale in Allentown, Pennsylvania, United States

$300,000

425 W Liberty St
Allentown, Pennsylvania, United States

3bd 3ba

Listed By: Realtyww Info

Listed On: 06/15/2023

Listing ID: GL10070758 View More Details

Description

3-unit Projected 9.51% cap% at asking price. PROJECTED Potential $36, 000 gross or more income and $28, 551 Net income. That number includes using property management which could be transferred to new owner-or manage yourself and save. That includes projected rent of $1150 for the vacant which we will leave vacant as someone can buy and be an owner-occupant! Owners will rent out before closing if buyers ask for that. Owners recently invested $15K into this all-brick, 3-unit multifamily, located in the heart of Allentown with amazing curb appeal, parking in the rear, and recent improvements including NEW flooring in some units, updated plumbing with PEX piping and updated electrical. Offered with a CLEAR CO (certificate of occupancy). Parking spots behind the building could be increased. The property is walking distance to center city Allentown, next to new construction luxury apartments, and a few blocks from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. The seller has a few other properties to be listed shortly if someone wants to increase their quickly. One of the sellers is a licensed RE agent.

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Listed by: Exp Commercial
Source: The World Property Journal

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