Don’t judge a book by its cover—this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location—an opportunity that’s hard to overlook.
For sale
Price cut: $49.9K (11/7)
$750,000
932 W Walnut St, Allentown, PA 18102
10beds
5,220sqft
Est.:
Multi Family, Apartment
Built in 1885
-- sqft lot
$723,500 Zestimate®
$144/sqft
$-- HOA
What's special
New roofs
- 52 days |
- 586 |
- 30 |
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