Condos for Sale in 18103, PA

Condo for sale in 18103, PA:

Well-maintained two-unit property located in Allentown’s Historic Old Allentown District, offering excellent investment potential and ample parking. The property features a charming brick exterior, inviting front porch, newer roof, and emergency exits from the upper levels. A two-car garage and carport provide parking for up to four vehicles. The first-floor unit is currently tenant-occupied and features built-in shelving, providing additional rental income. The owner occupies the second and third floors, with a bathroom on each level. The second-floor unit also features a partially covered deck, perfect for outdoor enjoyment. With low property taxes and a desirable location, this is

Condo for sale in 18103, PA:

NEW PRICE: $349,000 w/ Owner Down Payment Financing possible up to $50K as a second lien!!! 521 N. 6th Street presents an exceptional opportunity to acquire a fully licensed Single Room Occupancy (SRO) investment delivering immediate cash flow, strong operating performance, and meaningful upside in one of the Lehigh Valley’s most resilient rental markets. Priced at just $349,000, this stabilized asset generates a Current Net Operating Income of $31,140, producing an impressive 8.92% capitalization rate. Through modest rent optimization and continued professional management, the property offers a projected Pro Forma NOI of $34,140, increasing returns to an outstanding 9.78% pro forma c

Condo for sale in 18103, PA:

* Investment Opportunity * Welcome to this lucrative investment opportunity nestled in a prime rental location. This 2-unit property promises not only substantial strong rental income but also desirable amenities, making it an ideal addition to any investor's portfolio. The first floor unit is recently vacant and renovated with newer appliances. The unit was being rented for $1500. The occupied second unit offer a spacious renovated 3-bedroom/2-full baths spread between 2nd and 3rd floors. This unit which consists of a practical kitchen and laundry hook ups, is being rented for $1,785. It offers a total net income of $39,420 resulting in an impressive cap rate over 10%! Located in a high-d

Condo for sale in 18103, PA:

Great Investment opportunity to own this 4-6 units property with oversized 2-car Garages and 4-parking spots. A potential $85,800/year in gross income with over 10% Cap rate. 6- Electric & gas meters for each unit, while lower-level is electric baseboard heat. Each building has 3 units with over 6,192sqft of living space (12 bedrooms and 6 full Baths in total). Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity. Schedule your private showing today. Bring offers!! Motivated Seller

Condo for sale in 18103, PA:

Welcome to this beautifully renovated four-unit property in East Allentown! Completely rebuilt from the studs in late 2023, this impressive investment property offers four modern apartments featuring hardwood flooring, recessed lighting, updated kitchens and bathrooms, and newer appliances. Each unit is equipped with a dishwasher, in-unit laundry, and energy-efficient mini-split systems providing both heating and cooling. Major improvements include updated electrical, plumbing, drywall, and windows, with all required city permits completed and closed. Each apartment features its own private entrance with no shared interior hallways. A large private parking lot in the rear provides convenien

Condo for sale in 18103, PA:

ATTENTION INVESTORS! Add this TWO UNIT to your porfolio today! First floor is a two bedroom unit renting for $1425 and Second Floor is a four bedroom unit renting for $1750. Gross Income of $39,540. One car garage is a bonus when renting First floor unit for off street, covered parking. Tenant pay for trash, electric and gas. Convenient location for tenants with access to major highways, shopping and restaurants. Schedule your showing today!