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902 904 W WALNUT ST
ALLENTOWN, PA 18102

$585,000 
  • -- Beds
  • -- Baths
  • 3,130 sqft
  • Commercial | Apartment Building
  • Available
902 904 W WALNUT ST, ALLENTOWN - 195451571
902 904 W WALNUT ST, ALLENTOWN - 195451572
902 904 W WALNUT ST, ALLENTOWN - 195451573
902 904 W WALNUT ST, ALLENTOWN - 195451574
902 904 W WALNUT ST, ALLENTOWN - 195451575
902 904 W WALNUT ST, ALLENTOWN - 195451576
902 904 W WALNUT ST, ALLENTOWN - 195451577
902 904 W WALNUT ST, ALLENTOWN - 195451578
902 904 W WALNUT ST, ALLENTOWN - 195451579
902 904 W WALNUT ST, ALLENTOWN - 195451580

Property Description for 902 904 W WALNUT ST, ALLENTOWN PA 18102

Turn key cash flowing 3-unit fully occupied multi-family PLUS commercial auto garage included in deed. Top Rents due to condition and location. Long term leases w/ immediate re-rents. Thousands in upgrades to exterior/interior. Upgraded and separate utilities. Remodeled units. Low upkeep. Possible owner financing with 30% down. Property is located across from the Landmark Building which will be the tallest building in the Lehigh Valley and w/in walking distance to the PPL Center, Allentown Brew Works, and the Butz Building. Close proximity to rt 22/78. Auto garage was previously rented at $1400/mo. The garage combined w/ the multi-family rent equal a high cap rate. The above factors combined propose a strong investment. 3-unit multi-family is clean, boasts large bedrooms, and is well maintained. If tenants move out, the re-rents can be raised significantly. Combine the re-rents with a quick renovation and this property will significantly increase gross/net incomes.

  • Property Class: Commercial
  • Listing Status: Available
  • City: ALLENTOWN
  • State: PA
  • Zip: 18102
  • Area: 13 – Allentown-Central
  • County: Lehigh
  • Class: Commercial
  • Property Subtype: Apartment Building
  • Approx Lot Size: 0.105
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3,130 sqft
  • Lot Sq Ft Apx: 4560
  • Year Built: 1920
  • Listing#: 542932
  • School District: Allentown
  • Association: Lehigh Valley MLS
  • List Date: 4/3/2017
  • Last updated on: 9/25/2017

Property Features for 902 904 W WALNUT ST, ALLENTOWN PA 18102

  • Ceiling: 0-9 Feet, 10-12 Feet, 13-15 Feet
  • Location: Corner
  • Property Sub Type Category: Apartment Building, Commercial, Garage
  • Surface Type: Black Top, Other
  • Construction: Brick
  • Sewer: Public
  • Water: Public
  • Cooling: Ceiling Fan, Window Ac
  • Potential use: Apartments, Auto Service
  • Truck: 0-7 Feet, 8-9 Feet
  • Parking: Off Site

Additional Information for 902 904 W WALNUT ST, ALLENTOWN PA 18102

  • School District: Allentown
  • Lot Size Source: Tax Records
  • Net Income: 32315.00
  • Gross Income: 43200.00
Courtesy of KELLER WILLIAMS REAL ESTATE
Copyright 2017, Lehigh Valley AOR. All Rights Reserved.
Based on information from the Lehigh Valley Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed.