Allentown, PA 18102,310 N N 9TH ST
Allentown, PA 18102,310 N N 9TH ST
Allentown, PA 18102,310 N N 9TH ST
22
$295,000
$295,000
Est.Price: ?

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3,041 SqFt

310 N N 9TH ST Allentown, PA 18102

Est. payment /mo
SOLD DATE : 01/10/2024

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Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,041 sqft

Price per Sqft $97

MLS Listing ID PALH2007404

Sold Date 01/10/24

Style Other

Abv Grd Liv Area 3,041

Originating Board BRIGHT

Year Built 1880

Annual Tax Amount $3,747

Tax Year 2022

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 20.00 x 110.00

Property Description

Projected $39600 gross $28500 net income 9.8% cap rate. This has a fully renovated 2-bedroom 1st floor apartment with all wood floors and nice kitchen. Good sized bedrooms and living space, Access to the basement for storage. Access to the backyard. The 2nd apartment is the 2nd and 3rd floors with 3-4 bedrooms and 2 full baths. Wood floors., nice sized rooms, large closets. Eat-in kitchen and also access to large outside deck. Rent the 1st floor for $1400 and 2ndfloor for $1800. Throw in the garage to one of the tenants for $200! And you can get to $3400 a month and get up to $40,800 gross rents. I actually used lower numbers and you can see how this will exceed and be over 10% cap rate. We can deliver vacant or will fill tenants for a buyer. This would be GREAT for a owner operator, Live and get enough rent to cover your mortgage payments! The numbers include all expenses/taxes and vacancy so will be easy to keep fully occupied and make great cash flow.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning R-MH

Rooms

Basement Full

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Deck(s)

Garage Garage - Side Entry, Garage - Rear Entry

Garage Spaces 2.0

Water Access N

Accessibility 2+ Access Exits

Porch Deck(s)

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Allentown

Others

Tax ID 549791360062-00001

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by james J Reardon • eXp Commercial
Bought with james J Reardon • eXp Commercial
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 427-9689

john@jasonmartingroup.com

1350 Florida Ave NE, DC, DC, 20002

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