858 N 7th

Allentown City, PA 18102
Beds
7
Baths
5
Square Ft.
2,828
$624,900
Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.7% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate BasementRead MoreRead Less
Courtesy of Reinvest Real Estate LLC 610-351-0102
Listing Snapshot
Days Online
138
Last Updated
Property Type
Apartment
Beds
7
Full Baths
5
Square Ft.
2,828
Lot Size
0.05 Acres
MLS Number
756610
30 Days Snapshot Of 18102
$203k
+2%
(avg) sold price
24
+4%
homes sold
63
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living area: 2828, Year built details: Unknown, 5 total units, Brick
Cooling
WallWindowUnits
Expenses
Operating expense: $5,468, Professional management expense: 0, Water sewer expense: $1,800
Water Features
Water source: Public
Heating
Baseboard, Electric
Income
Gross income: $69,000, Net operating income: $63,532
Interior Features
Balcony
Lot
0.048 size acres, 2,082 size sqft, Size area: 2082, Size units: SquareFeet
Parking
OnStreet
Property
Property subtype additional: Apartment, SingleFamilyResidence, Property subtype: Apartment, Property type: ResidentialIncome, Zoning: R-Mh-Medium High Density, Unknown
Security Features
FireEscape
Sewer
PublicSewer
Taxes
Tax annual amount: $3,468, Tax assessed value: 108600
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Eric Leadbetter
TEAM LEADER
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