729 Chestnut, Allentown, PA 18102

$72,900
3
BD
1
BA
1,188
SqFt
List Price
$72,900
Price Change
▼ $7,000 1533596770
MLS#
580552
Status
AVAILABLE
Type
Condo
City
Allentown
Area
Allentown-Central
County
Lehigh
Bedrooms
3
Bathrooms
1
Living Area
1,188
Lot Size
984
Year Built
1905

Property Description

ATTENTION INVESTORS. Three Bedroom/One Bath row home bringing a CAP Rate of 11%! Current tenant is paying $985 per month plus all utilities. Property is being sold "as is" but has a clear CO from the City of Allentown. Located in the B-2 Central Business District this property brings lots of future potential. Only a short walk to PPL Center, bus terminal, shopping and restaurants. ALSO BEING OFFERED AS A PACKAGE DEAL w/ MLS # 580553 and 583633 for $210,000...all three properties on one street! Total rents are $3075 monthly for all three-- which yields over a 14% CAP Rate!!!

Additional Information

Acres
0.023
Construction
Brick
Cooling
No Air
Living Area
1,188
Lot Size
984
Net Income
9145
Parking
None
Region
Allentown-Central
School District
Allentown
Sewer
Public
Subdivision
Not In Development
Zoning
R-MH-Medium High

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Calculator source: Real Geeks

Listing courtesy of SlateHouse Realty.

The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2019 Greater Lehigh Valley REALTORS®.