~~100% financing, No money down, Low closing costs!~~12% Cap Rate Return on this Well maintained and fully occupied end unit building with 4 large apartments and 2 car off street parking.---Net earning after all expenses including the monthly mortgage payment is $1,200 a month with 20% down on a 30 year mortgage at 5.5% rate.--Tenants pay for Electric, heating and hot water. 2 two bedroom apartments renting for $700/$600. And 1 four bedroom with 1 & 1/2 renting for $725.00 and 1 three bedroom renting at $675.00. Large full basement with two outside entrances was previously rented as part of a hardware store along with the first floor unit and might have mixed use potential with city approval. Nice Money Maker With Low Taxes! Seller has a clear certificate of occupancy from the city of Allentown that the property is up to code.
Off market
$447,800
601 N Front St, Allentown, PA 18102
10beds
6baths
4,280sqft
MultiFamily
Built in 1901
-- sqft lot
$447,800 Zestimate®
$105/sqft
$2,221 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Baseboard, Electric
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,280 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, None
Features
- Exterior features: Stucco
Lot
- Size: 2,352 sqft
Details
- Parcel number: 6407453156541
Construction
Type & style
- Home type: MultiFamily
Materials
- special
- Roof: Other
Condition
- Year built: 1901
Community & neighborhood
Location
- Region: Allentown
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$447,800
2% more+$8,956
With Zillow Showcase(estimated)$456,756