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USAPAAllentownNot in Development39 N 11Th St
39 N 11 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in Allentown PA | Image 1
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$1,075,000

39 N 11 Th St, Allentown, PA

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees $1,000
Taxes $8,053
Days Active 1
Approx. Age 1890
MLS® Number PALH2012538

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 7-Unit Income-Producing Property | $118, 380 Gross Income | $87685 NOI 0ver 8% cap! This beautifully renovated, fully occupied 7-unit multifamily property is a cash-flowing investment powerhouse. Several units have been recently upgraded with new hardwood flooring, modern kitchens, fresh paint, updated bathrooms, and newer appliances. Select units also feature new windows and updated vanities, providing tenants with a high-quality living experience. One of the most valuable upgrades? Individually metered water — all utilities are paid by the tenants, maximizing your net income. Tenants enjoy central air in most units, with six apartments equipped with high-efficiency heat pumps for both heating and cooling. The carriage house boasts split-unit systems offering year-round comfort. The property also features a charming courtyard for outdoor enjoyment and balconies in the top-floor units with scenic views. Units are spacious, bright, and easy to rent. Located in a rapidly developing area benefiting from ongoing warehouse and retail expansion, this property consistently attracts reliable tenants. Now fully leased and producing strong returns, this investment opportunity is ideal for those seeking stable cash flow with minimal maintenance. One of the sellers is a licensed real estate agent.Show Description
MLS® NumberPALH2012538
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump(s), Electric
A/CCentral A/C, Electric
Heating Fuel

Extras

All appliances

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