424 N 6th St - Multi-Family FOR SALE


Allentown, PA 18102- City Center
$340,000 USD
610-217-6330
424 N 6th St, Allentown, PA for Sale
$340,000 USD
Multi-Family - FOR SALE
1/90
null | 8.46% Cap Rate

424 N 6th St
Allentown, PA 18102
City Center


HIGHLIGHTS

  • Parking
  • Fully Occupied
  • Separate utilities.

OVERVIEW

Fully Occupied 3-Unit Investment Property with Parking – Allentown, PA Excellent opportunity to own a fully leased 3-unit building in Allentown with off-street parking. Unit 2 pays all utilities, while the landlord currently covers water, sewer, and trash for Units 1 and 3—offering a clear path to increase cash flow by shifting utilities to tenants at renewal. A strong value-add opportunity with potential to become a near expense-free asset.

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

3

PRICE/UNIT

$113,333

CAP RATE

8.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Unit in Allentown (424 N 6th)

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

640702680553-1

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.