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611 W W TURNER
ALLENTOWN PA 18102 US

$750,000

Active Listing ID PALH2007740
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Lot: 0.04 Acres
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Other

$750,000

Active Listing ID PALH2007740
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611 W W TURNER $79, 200 Gross Income, $64, 033 Net Income, 8.5% Cap. Now will have a clear CO for sale from Allentown--nothing to do! These prideful owners have invested hundreds of thousands to modernize this 5-unit garden-style apartment building. All 5 units have been FULLY RENOVATED from top to bottom with fresh paint, new HARDWOOD flooring, energy-efficient windows, newly tiled bathrooms, and all-new kitchens with GRANITE countertops, & DISHWASHERS. The building features ALL-BRICK construction and has a well-maintained roof. The property is fully occupied with tenants paying all utilities . These are great tenants, have been there for over a year and treat their apartments beautifully. Rare to find this type of property so close to the city center, in downtown with many properties being purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. Owners are in the process of installing coin-operated washers/dryers which create additional revenue. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. ** PROJECTIONS are over $85, 000 with slightly higher rents***

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Baseboard

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 750000
  • unparsedaddress: 611 W W TURNER
  • postalcity: ALLENTOWN
  • stateorprovince: PA
  • country: US
  • postalcode: 18102
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingareaunits: Square Feet
  • latitude: 40.60562
  • longitude: -75.47163
  • listagentfullname: james Reardon
  • listagentemail: jimjrreardon@gmail.com
  • listagentkey: 3yd-TRENDPA-3313981
  • listagentmlsid: 3313981
  • listagentpreferredphone: 4438642772
  • listagentofficephone: 8883977352
  • listofficekey: 3yd-TRENDPA-EXPCOMM1
  • listofficemlsid: EXPCOMM1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1870
  • listingcontractdate: 2024-02-17
  • listagenturl: https://de.exprealty.com/
  • countyorparish: LEHIGH
  • constructionmaterials: Brick
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • waterfrontyn: False
  • interiorfeatures: 2+ Access Exits
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.47163, 40.60562
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PALH2007740/?channel=rexren", "LeadRoutingEmail":"jimjrreardon@gmail.com", "BrokerName":"EXP Realty, LLC", "ListingTitle":"Commercial - ALLENTOWN, PA", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"lisa.lowe@exprealty.net", "ListOfficeAddress1":"630 Freedom Business Ctr DRIVE N", "ListOfficeAddress2":"300", "ListOfficeCity":"King of Prussia", "ListOfficePostalCode":"19406", "ListOfficeStateOrProvince":"PA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"EXP Realty, LLC", "ListBrokeragePhone":"(443) 864-2772", "ListBrokerageEmail":"lisa.lowe@exprealty.net", "ListBrokerageWebsiteUrl":"https://de.exprealty.com/", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/9ba39041ac2411eb87ce0242ac110007/20210603120909125.png", "ListBrokerageUnparsedAddress":"144 Kings Highway, Suite 301", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Dover", "ListBrokerageStateOrProvince":"DE", "ListBrokeragePostalCode":"19901", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-17T08:09:52Z", "Neighborhoods":[{"Name":"ALLENTOWN CITY", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":4264, "TaxDescription":null}]}
Listing Changed: 4/26/2024 7:53:11 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: james Reardon, eXp Commercial, jimjrreardon@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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