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Portfolio-6 Bldg-37 Units, ALLENTOWN, PA

$2,299,999 - $2.3M Price - 203 DOM

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

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • MLS® # PALH109164
  • Price $2,299,999
  • Bathrooms 0.00
  • Acres 0.00
  • Year Built 1900
  • Type Commercial Sale
  • Sub-Type Five Or More Units
  • Status Active

Community Information

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • Address Portfolio-6 Bldg-37 Units
  • Area Allentown City (12302)
  • Sub-Division OLD ALLENTOWN
  • City ALLENTOWN
  • County LEHIGH-PA
  • State PA
  • Zip Code 18102

Interior

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • Heating Forced Air
  • Cooling Window Unit(s)

Exterior

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • Exterior Brick and Siding

School Information

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • District ALLENTOWN

Additional Information

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • Date Listed January 31st, 2019
  • Days on Market 203
  • Zoning RH AND RM
  • Annual Condo Fees $0

Listing Details

For Portfolio-6 Bldg-37 Units, ALLENTOWN, PA
  • Agent Carrie Ward
  • Office Howard Hanna The Frederick Grp

Price Change History for Portfolio-6 Bldg-37 Units, ALLENTOWN, PA (MLS® #PALH109164)

Date Details Change
Price Reduced from $2,499,999 to $2,299,999 $200,000 (8.00%)

The information being provided by the Coastal Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The data is deemed reliable but is not guaranteed accurate by the MLS.