$52,500 Projected Gross, $39,940 Projected NET, 9.00 % CAP rate @ $265,000 asking. four fully occupied residential units and 1 vacant commercial unit which landlord uses for storage. 1st floor pays heat, Landlord pays for water, and heat for 2nd and 3rd floor). all tenants are long term tenants. Tenants are responsible for snow removal. property has two boilers. Property has rubber roof and was last changed in 2007. property passed inspection in 2018. Investment property with great income .Property is close to the PPL center and also right next to Sheridan El School, Trexler Middle School, William Allen High School, Jefferson elementary school and Good Shepherd Hospital. The closest grocery stores are Jayden Grocery & Deli, Jalapeno Deli & Grocery and Cho's Food Market. Nearby coffee shops include Dunkin' Donuts, McDonald's and Bon Appetit Cafe. Nearby restaurants include Zandy's Steak Shop, La Poblanita Deli and Jalapeno Mexican Deli.
Off market
$415,800
466 W Washington St, Allentown, PA 18102
7beds
300sqft
MultiFamily
Built in 1900
-- sqft lot
$415,800 Zestimate®
$1,386/sqft
$778 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric
Interior area
- Total interior livable area: 300 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 1,742 sqft
Details
- Parcel number: 6407045788481
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Allentown
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$415,800
2% more+$8,316
With Zillow Showcase(estimated)$424,116