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754 N N 4TH STREET
ALLENTOWN PA 18102 US

$1,033,008

Active Listing ID PALH2007818
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Lot: 0.06 Acres
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$1,033,008

Active Listing ID PALH2007818
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754 N N 4TH STREET $108, 000 Gross Income, $90, 679 Net Income, 8.2% Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit, garden-style apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK construction has had a total facelift including a facade and has a very well-maintained roof. Tenants pay all utilities and include reimbursement of $40/mo. per unit for water/sewer. These are great tenants, have been there for over a year and treat their apartments beautifully. ALL Leases are $1500 with room to grow. It is rare to find this type of property in downtown as many properties have been 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. 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 $118, 000 with slightly higher rents***

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Hot Water

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1033008
  • unparsedaddress: 754 N N 4TH STREET
  • postalcity: ALLENTOWN
  • stateorprovince: PA
  • country: US
  • postalcode: 18102
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.06
  • lotsizeunits: Acres
  • lotsizearea: 0.06
  • livingareaunits: Square Feet
  • latitude: 40.61497
  • longitude: -75.47101
  • 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: 1910
  • listingcontractdate: 2024-02-17
  • listagenturl: https://de.exprealty.com/
  • countyorparish: LEHIGH
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Block, Brick
  • heating: Hot Water
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 12
  • waterfrontyn: False
  • interiorfeatures: 2+ Access Exits
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.47101, 40.61497
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PALH2007818/?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":"2024-04-13T10:04:58Z", "Neighborhoods":[{"Name":"ALLENTOWN CITY", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":8421, "TaxDescription":null}]}
Listing Changed: 4/26/2024 7:53:10 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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