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Pennsylvania 18102 ALLENTOWN WALNUT 902-904 W WALNUT ST

902-904 W WALNUT ST
ALLENTOWN, PA 18102

$590,000 
  • -- Beds
  • -- Baths
  • 3,160 sqft
  • Commercial
  • Active
902-904 W WALNUT ST, ALLENTOWN - 30239863
902-904 W WALNUT ST, ALLENTOWN - 30239864
902-904 W WALNUT ST, ALLENTOWN - 30239865
902-904 W WALNUT ST, ALLENTOWN - 30239866
902-904 W WALNUT ST, ALLENTOWN - 30239867
902-904 W WALNUT ST, ALLENTOWN - 30239868
902-904 W WALNUT ST, ALLENTOWN - 30239869
902-904 W WALNUT ST, ALLENTOWN - 30239870
902-904 W WALNUT ST, ALLENTOWN - 30239871
902-904 W WALNUT ST, ALLENTOWN - 30239872
902-904 W WALNUT ST, ALLENTOWN - 30239873
902-904 W WALNUT ST, ALLENTOWN - 30239874
902-904 W WALNUT ST, ALLENTOWN - 30239875
902-904 W WALNUT ST, ALLENTOWN - 30239876
902-904 W WALNUT ST, ALLENTOWN - 30239877
902-904 W WALNUT ST, ALLENTOWN - 30239878

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

Turn key cash flowing 3-unit fully occupied multi-unit 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 prcnt 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-unit rent equal a high cap rate. The above factors combined propose a strong investment. 3-unit apartments are 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: Active
  • City: ALLENTOWN
  • State: PA
  • Zip: 18102
  • Area: Allentown City
  • Class: Commercial
  • Approx Lot Size: 0.100
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3,160 sqft
  • Lot Sq Ft Apx: 4560.00
  • Year Built: 1920
  • Listing#: 6961236
  • Tax Year: 2017
  • List Date: 3/30/2017
  • Last updated on: 8/23/2017

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

  • Building Or Business: Commercial, Industrial, Apartmnt BLD, Automotive, Garage/Rpair
  • Property Age: 97

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

  • Block Or Square: 013
  • Building Floors: 3.00
  • Improv Assessed Amt: $180,000
  • Interior Square Feet Source: A
  • Land Only: False
  • Land Use Code: 4127
  • Lot Dimensions: 38X120
  • Lot Number: 011
  • Ownership: Fee Simple
  • Property Option: Sale
  • Total Assessment: 211900.00
  • Water Front: False
  • Total Taxes: $6,033
  • Listing Area: Allentown City
  • Subdivision: Allentown
  • Listing ID: 6961236
Courtesy of Keller Williams Real Estate-Bethlehem
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Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.