MULTIPLE OFFERS RECEIVED...Highest and Best by 6:00 Friday. Investors, listen up! Here's your chance to snag an incredible deal at 936 Jackson St in Allentown. This end-of-row single-family home boasts an outstandingly high cap rate for the area, making it a top-tier investment opportunity.
Featuring three bedrooms and two bathrooms, this property is tailor-made for rental success. Currently rented with subsidized rent through Valley Youth Lease running until March 31, 2025, you can step into a lucrative income stream from day one. Plus, tenants handle all utilities, while you take care of insurance, trash, and taxes—keeping your investment hassle-free.
With a hefty gross rental income of $19,200 and manageable expenses totaling just $3,362, you're looking at an impressive annual net income of $15,788. That's a remarkable cap rate of approximately 10.53%!
Don't let this golden opportunity slip away. Secure consistent returns and expand your investment portfolio in Allentown—ACT NOW!
Sold for $160,100 on 05/10/24
$160,100
936 Jackson St, Allentown, PA 18102
3beds
1,152sqft
Townhouse, Multi Family
Built in 1880
2,090.88 Square Feet Lot
$189,700 Zestimate®
$139/sqft
$1,768 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 28, 2024 at 01:56pm
Listed by:
Tom Roth 484-225-9942,
Keller Williams Allentown
Bought with:
nonmember
NON MBR Office
Source: GLVR,MLS#: 736970
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Balcony
Interior area
- Total interior livable area: 1,152 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two and One Half
- Stories: 2
Lot
- Size: 2,090 sqft
Details
- Parcel number: 549699917134001
- Zoning: R-H-HIGH DENSITY RESIDENT
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Multi Family
Materials
- Frame
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Senior living
- Senior community: Yes
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 .
$189,700
2% more+$3,794
With Zillow Showcase(estimated)$193,494