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Grandview

115 S 12Th Street, Allentown, PA 18102

$485,000

DETAILS
24

Beds

8

Baths

1

Garage Spaces

8,432SF

Living

1920

Built

8,432 SF

Total Area

10344/yr

Taxes

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Jennifer de Jesus
Great Investment Opportunity for this value add 8 unit building located in Allentown.
6 units occupied, 2 units vacant. Priced very well due to condition. Building needs 2 units rehabbed and likely a new roof. Tenants all have yearly leases with full security deposits. Tenants pay electric and gas for stoves. Landlord pays water, sewer, trash and gas h

"Great Investment Opportunity for this value add 8 unit building located in Allentown. 6 units occupied, 2 units vacant. "

eat. New high efficiency steam boiler installed 2018. All units are 3 bedrooms and could easily get $1,000 in rent per unit. Heat could be separated and the storage area could add more income with laundry or storage cages. There is a one car garage with this property.

Priced very well due to condition. Building needs 2 units rehabbed and likely a new roof.


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The neighborhood: Allentown

Beautifully-preserved historic city with a thriving modern cultural life.