219 S Madison

Allentown City, PA 18102
Square Ft.
1,992
$300,000
Great opportunity to own a fully occupied 3-unit investment property with steady rental income and long-term tenants already in place. This property features two 1 bedroom units, and a well set up studio unit. Property is an ideal value-add opportunity for investors looking to improve equity over time. Landlord paysRead MoreRead Less
Courtesy of Spade Property Management Inc. 610-439-8280
Listing Snapshot
Days Online
30
Last Updated
Property Type
Townhouse
Square Ft.
1,992
Year Built
1914
MLS Number
776620
30 Days Snapshot Of 18102
$232k
+1%
(avg) sold price
20
-31%
homes sold
57
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1914, 3 stories, 3 stories total, Living area: 1992, Year built details: Unknown, 3 total units, AluminumSiding, Brick, Frame
Expenses
Electric expense: $595, Insurance expense: $871, Licenses expense: $225, Operating expense: $2,971, Professional management expense: 0, Water sewer expense: $1,070
Water Features
Water source: Public
Heating
Gas, HotWater
Income
Gross income: $34,020, Net operating income: $24,357
Property
Property subtype additional: Townhouse, Property subtype: Townhouse, Property type: ResidentialIncome, Zoning: R-Mh, Unknown
Sewer
PublicSewer
Taxes
Tax annual amount: $2,953, Tax assessed value: 91500
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Eric Leadbetter
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