936 Jackson Street, Allentown, PA 18102 (MLS # 736970)
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MULTIPLE OFFERS RECEIVED...Highest and Best by 6:00 Friday. Investors, listen up! Here's your chance to snag an incredible deal at 936 Jackson St in Allentown. This end-of-row single-family home boasts an outstandingly high cap rate for the area, making it a top-tier investment opportunity. Featuring three bedrooms and two bathrooms, this property is tailor-made for rental success. Currently rented with subsidized rent through Valley Youth Lease running until March 31, 2025, you can step into a lucrative income stream from day one. Plus, tenants handle all utilities, while you take care of insurance, trash, and taxes"”keeping your investment hassle-free. With a hefty gross rental income of $19,200 and manageable expenses totaling just $3,362, you're looking at an impressive annual net income of $15,788. That's a remarkable cap rate of approximately 10.53%! Don't let this golden opportunity slip away. Secure consistent returns and expand your investment portfolio in Allentown"”ACT NOW!
| DAYS ON MARKET | 14 | LAST UPDATED | 5/12/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1880 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| School District | Allentown |
|---|
| ADDITIONAL DETAILS | |
| ADULT COMMUNITY | Yes |
|---|---|
| AIR | Central Air |
| AIR CONDITIONING | Yes |
| AREA | Allentown-Central |
| EXTERIOR | Balcony |
| LOT | 2091 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Not in Development |
| TAXES | 1947.48 |
| WATER | Public |
| ZONING | R-H-HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Real Estate
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2024 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 5/18/24 7:50 PM PDT
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