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Pennsylvania 18102 ALLENTOWN WALNUT 902 904 W WALNUT ST

902 904 W WALNUT ST
ALLENTOWN, PA 18102

$585,000 
  • -- Beds
  • -- Baths
  • 3,130 sqft
  • Residential Income | Apartment Style
  • Available
902 904 W WALNUT ST, ALLENTOWN - 209658210
902 904 W WALNUT ST, ALLENTOWN - 209658211
902 904 W WALNUT ST, ALLENTOWN - 209658212
902 904 W WALNUT ST, ALLENTOWN - 209658213
902 904 W WALNUT ST, ALLENTOWN - 209658214
902 904 W WALNUT ST, ALLENTOWN - 209658215
902 904 W WALNUT ST, ALLENTOWN - 209658216
902 904 W WALNUT ST, ALLENTOWN - 209658217
902 904 W WALNUT ST, ALLENTOWN - 209658218
902 904 W WALNUT ST, ALLENTOWN - 209658219

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: Investment Property
  • Listing Status: Available
  • City: ALLENTOWN
  • State: PA
  • Zip: 18102
  • Area: 13 – Allentown-Central
  • County: Lehigh
  • Class: Residential Income
  • Property Subtype: Apartment Style
  • Approx Lot Size: 0.105
  • Stories: 3
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3,130 sqft
  • Lot Sq Ft Apx: 4560
  • Year Built: 1920
  • Listing#: 552283
  • School District: Allentown
  • Association: Lehigh Valley MLS
  • List Date: 7/6/2017
  • Last updated on: 8/21/2017

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

  • Construction: Brick
  • Property Sub Type Category: Apartment Style, Commercial, Row/Townhouse
  • Cooling: Ceiling Fan, Window Ac
  • Parking: Garage, Off Site
  • Water: Public
  • Sewer: Public

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

  • Lot Size Source: Tax Records
  • Electric: 1080
  • Square Footage Source: Tax Records
  • School District: Allentown
  • Gross Income: 43200.00
  • Net Income: 33514.00
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.