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Sold for $250,000 on 04/09/24
  • $250,000

    736 N 9th St, Allentown, PA 18102

    3beds
    --sqft
    Multi Family, Apartment
    Built in 1902
    -- sqft lot
    $267,700 Zestimate®
    $--/sqft
    $1,536 Estimated rent

    What's special

    PROJECTED $31200 gross and $25200 net income over 10% cap rate 2-unit investment property in the Heart of Allentown. Property comes with 100% clear CO from the city of Allentown. 1st floor renovated one bedroom unit with access to the yard will be left vacant form showings. Seller could rent it after there is an agreement. 2nd floor is month to month at $1250 in a large 2-bedroom apartment which can be rented at $1475. The savvy investor can easily exceed these projected numbers The heat and electric are all separated, and you can charge them for water/sewer. Buyer does not need to worry about any city repairs, just get the rents where they can be and have great cash flowing property. Leaving unit vacant has tenants lined up for $1150. People who do not think we can get these rents don't get the market. Great rental market! Come take advantage. Rental in the area do not stay vacant

    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2024 at 08:50am

    Listed by:

    Joshua Schoenberger,

    EXP Realty LLC

    Bought with:

    Mike Daly, RS357889

    Realty One Group Supreme

    Source: GLVR,MLS#: 730861MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas
    Cooling
    • None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Site
    Features
    • Stories: 3
    Lot
    • Size: 1,263 sqft
    Details
    • Parcel number: 549783485071 1
    • Zoning: R-MH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1902

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $267,700
    2% more+ $5,354
    With Zillow Showcase(estimated)
    $273,054