39 11Th Street, Allentown, PA 18101 (MLS # 751096)
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We are excited to announce the availability of an income property in the heart of Allentown. In this up-and-coming area, this seven-unit gem is a great addition to any investment portfolio. $114,000 gross income and will be able to go up every year. This property has updated kitchens, hardwood floors, six apartments have high efficiency heat pumps for heat and AC and split-units for heating and air conditioning in the carriage house. The tenants do pay for all utilities as the electric is in their name and the water is sub-metered so they get charged back for the water. Plus, two basements can also be rented. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. Finally, this property is convenient to downtown, including fantastic restaurants and the new science center. Same seller also has 2 other seven units within 12 miles of this property. This is a great opportunity to grow your portfolio. One of the owners is a licensed real estate agent
DAYS ON MARKET | 35 | LAST UPDATED | 1/18/2025 |
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TRACT | Not in Development | YEAR BUILT | 1890 |
COMMUNITY | Allentown-Central | COUNTY | Lehigh |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
School District | Allentown |
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ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Allentown-Central |
CONSTRUCTION | Brick |
EXTERIOR | Balcony |
LOT | 4617 sq ft |
SEWER | Public Sewer |
STORIES | 3 |
SUBDIVISION | Not in Development |
WATER | Public |
ZONING | R-H-HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with EXP Realty LLC
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Data last updated: 2/21/25 11:32 PM PST
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