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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 heat. 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.

Warm, welcoming, & elegant


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The neighborhood: Allentown

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