32 N 2nd St, Allentown, PA 18101

$40800 gross income $32000 net Hud has approved the 1st floor tenant to go to $1500 in April making the gross to over a 9% cap rate. Garage now rented at $300 monthly. Look at the size of the garage! Great property for an end user to use garage and get the residential income. Both apartments in pristine condition. 1stfloor 2 bedroom living room/dining, kitchen bath. rented at 1100 just approved to go to $1500. Apartment 1 has access to the yard with large, covered porch. Apartment 2 upstairs on 2nd and 3rd floor is 3/4 BDR's with all new flooring and paint rented at $1600. Tenants pay electric and heat. Oversized garage/warehouse in great condition. Use the garage for your business. Owner will order the City CO inspection. Truly great property near the new waterfront project and close to the center of Allentown. The apartments are both in great condition. Look at the pictures!. Also 2 great clean tenants! Always neat when I go there.