Portfolio-6 Bldg-37 Units, Allentown

$2,299,999

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

CONFIDENTIAL LISTING: Pride of ownership is readily apparent in both the physical appearance and the financial details for this six property portfolio. All 37 units (consisting of 9 apartments and 28 furnished rooms) have been continuously rented at near 0% vacancy for years. This is a turn-key opportunity for any investor as there is no deferred maintenance on six properties located in the high-demand area of downtown Allentown. Rents are still slightly below market and all properties and units will have up-to-date and clear Allentown Certificate of Occupancy Permits prior to sale. All six properties are within 1 mile of each other in center city Allentown surrounding the designated Neighborhood Improvement Zone. Please register via the Covenant of Confidentiality. Guided group tour led by the owner is scheduled for Saturday, February 2 at 11:00 a.m. Please submit offers by Wednesday, February 6th at 5:00 p.m. EST.

Essential Information
MLS® #PALH109164
Price$2,299,999
Bathrooms0.00
Acres0.00
Year Built1900
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
AddressPortfolio-6 Bldg-37 Units
AreaAllentown City (12302)
SubdivisionOld Allentown
CityAllentown
CountyLEHIGH-PA
StatePA
Zip Code18102
Interior
HeatingForced Air
CoolingWindow Unit(s)
Exterior
ExteriorBrick and Siding
School Information
DistrictALLENTOWN
Additional Information
Date ListedJanuary 31st, 2019
Days on Market205
ZoningRH AND RM
Listing Details
OfficeHoward Hanna The Frederick Grp
Property History
Price Reduced from $2,499,999 to $2,299,999

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Metropolitan Regional Information System LogoThe listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Northrop Realty: A Long & Foster Company are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on August 23rd, 2019 at 7:03am EDT.

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