765 South 8th, Allentown, PA 18103

$349,900
8
BD
5
BA
4,396
SqFt
List Price
$349,900
MLS#
631438
Status
AVAILABLE
Type
Multifamily
City
Allentown
Area
Allentown-South
County
Lehigh
Bedrooms
8
Bathrooms
5
Living Area
4,396
Lot Size
3,685
Year Built
1910

Property Description

Great Investment Opportunity. 5 Unit Apartment Building in South Allentown. Fully Occupied, consisting of three, 2 bedroom units and two 1 bedroom units. The garage is also rented Separately. Tenants pay Electric, Heat and Hot water. Landlord pays Water, Sewer, Trash, Taxes and Insurance. Gross Income of $48,600 with the net of $38,740. Property did sustain fire damage in 2019 in the 761-763 Lehigh St units but have been totally restored and newly rented. Sale includes 761 and 763 Lehigh Street, all on the same deed.

Additional Information

Acres
0.085
Construction
Brick, Stucco
Cooling
No Air
Living Area
4,396
Lot Dimensions
53 x 117
Lot Size
3,685
Net Income
38740
Operating Expense
9860
Parking
Garage
Region
Allentown-South
School District
Allentown
Sewer
Public
Stories
3
Taxes
$5,917
Water Sewer
1500
Zoning
R Mdr

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Keim.

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