31 N 10Th Street

    Allentown City, PA 18101
    • $1,900,000
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: 613543
    UPDATED: 25 min ago
    $1,900,000
    • 53
      BEDS
    • 0.29
      ACRES
    • 23
      BATHS
    • 0
      1/2 BATHS
    • 23,797
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    23 UNIT VALUE ADD ALLENTOWN PORTFOLIO OPPORTUNITY! ~ TWENTY 2-BEDROOM UNITS ~ THREE 3-BEDROOM UNITS ~ SEPARATE TENANT PAID GAS HEAT FURNACES ~ SEPARATE ELECTRIC ~ ON SITE LAUNDRY ~ UNDER MARKET RENTS ~ 215k+ GROSS ANNUAL INCOME ~ 7.38% IN PLACE CAPITALIZATION RATE INCLUDING VACANCY, CURRENT MAINTENANCE, FUTURE REPLACEMENT AND MANAGEMENT RESERVES ~ ON SITE COURT YARD FOR TENANTS. Welcome to 10th St Commons! A 4 building value add opportunity. Three of the four buildings abut each other and the fourth one is directly across the street. The addresses for the portfolio are 34 N 10th St, 35 N 10th St, 39 N 10th St and 31 N 10th St. Tenants pay all utilities except water, sewer and trash. No walk through bedrooms and semi modern kitchens and bathrooms throughout. Property has on site laundry. Will be sold with a clear Allentown Certificate of Occupancy. Long term tenants with under market rents. No showings until after Monday June 17th. Click on the video and schedule your showing today!

    Monthly Payment Calculator



    © 2019 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2019-06-25T07:13:00.393.
    www.poconoshousehunting.com/homes/95831426

    31 N 10Th Street Allentown City, PA 18101

    • Price: $1,900,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 613543
    53
    Beds
    23
    Baths
    0
    ½ Baths
    0.29
    Acres
    23,797
    SQFT
    $80
    $/SQFT
    1900
    Built
    Neighborhood:
    Not In Development
    County:
    Lehigh
    Area:
    Allentown-Central
    School District:
    Allentown
    Property Description
    23 UNIT VALUE ADD ALLENTOWN PORTFOLIO OPPORTUNITY! ~ TWENTY 2-BEDROOM UNITS ~ THREE 3-BEDROOM UNITS ~ SEPARATE TENANT PAID GAS HEAT FURNACES ~ SEPARATE ELECTRIC ~ ON SITE LAUNDRY ~ UNDER MARKET RENTS ~ 215k+ GROSS ANNUAL INCOME ~ 7.38% IN PLACE CAPITALIZATION RATE INCLUDING VACANCY, CURRENT MAINTENANCE, FUTURE REPLACEMENT AND MANAGEMENT RESERVES ~ ON SITE COURT YARD FOR TENANTS. Welcome to 10th St Commons! A 4 building value add opportunity. Three of the four buildings abut each other and the fourth one is directly across the street. The addresses for the portfolio are 34 N 10th St, 35 N 10th St, 39 N 10th St and 31 N 10th St. Tenants pay all utilities except water, sewer and trash. No walk through bedrooms and semi modern kitchens and bathrooms throughout. Property has on site laundry. Will be sold with a clear Allentown Certificate of Occupancy. Long term tenants with under market rents. No showings until after Monday June 17th. Click on the video and schedule your showing today!
    Exterior Features

    Construction BrickFrame Parking None Parking Spaces 0

    Interior Features

    Baths Semi Modern Cooling No Air Heat Type GasHot Water

    Property Features

    Electric 0 Gas 0 Gross Income 215318 Heat 0 Lot Size Source Tax Records Net Income 0 Operating Expense 0 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleComplex Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 24825.00 Water Public Water Sewer 0 Year Built Exception Unknown Zoning Code B-2 Central Business

    Listing provided courtesy of Emerald Realty Group.


    © 2019 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2019-06-25T07:13:00.393.
     
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