528 N 6th Street, Allentown, PA
Multi-family for Sale - $345,000 - 0.11 acres
Property Info
CIMLS# | 1042103 |
Location 528 N 6th Street Allentown PA 18102 | |
Updated | August 7th, 2019 |
Type | Multi-family |
Price | $345,000 |
Land | 0.11 acres |
Property Description
INVESTORS ONLY - $45,000 GROSS INCOME, $35,393 NET PROFIT 10% CAP Rate @ asking. 250k invested to completely remodel and upgrade this fully occupied, turnkey, cash flowing 4-unit multifamily mansion and carriage house with clear c/o housing over 5700SF in 2 very well maintained and extremely spacious all-brick buildings. Itemized capital costs are available. New roof, energy/efficient windows, newer carpet, refinished original hardwood floors, new baths, new baseboard heaters, newer water heaters, fresh paint, new appliances, remodeled kitchens, new PEX plumbing, antique water heaters modernized, completely rewired electric throughout, separate utilities, laundry/storage area, and landscaped community atrium. Rents can be raised with the condition and location. Strong leases w/ long term tenants, security deposits, background/credit checked. UP to latest code with all health & safety standards with wired-in smoke detectors and metal fire escapes.