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Sold for $225,000 on 11/04/22
  • $225,000

    45 S Franklin St, Allentown, PA 18102

    4beds
    1,888sqft
    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $284,000 Zestimate®
    $119/sqft
    $1,510 Estimated rent

    Owner options

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    $1,510/mo

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    $1,510/mo

    Rent Zestimate®

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    $1,418/mo

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    $1,418/mo

    Est. payment

    What's special

    Terrific 2 unit on quiet street in Allentown. Property consists of a 1-bedroom unit on first floor and a 3-bedroom unit encompassing 2nd and 3rd floors. Rents are well below market rents and could be raised significantly. With proper rent increases and expense reductions, property would be yielding close to a 10% cap rate. This property is a terrific opportunity for both the beginner or savvy investors. This is a definite MUST SEE!!!

    Zillow last checked: 7 hours ago

    Listing updated: January 11, 2023 at 01:32pm

    Listed by:

    Geoffrey B. Gunn,

    RE/MAX Unlimited Real Estate

    Bought with:

    David S. Ribardo, RS341538

    Keller Williams Allentown

    Source: GLVR,MLS#: 701453MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Hot Water, Radiator(s)
    Cooling
    • None
    Interior area
    • Total interior livable area: 1,888 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 1,840 sqft
    • Dimensions: 16 x 115
    Details
    • Parcel number: 549678039589 001
    • Zoning: RH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Aluminum Siding, Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $284,000
    2% more+$5,680
    With Zillow Showcase(estimated)$289,680