723 Chestnut, Allentown, PA 18102

$69,900
3
BD
1
BA
1,128
SqFt
List Price
$69,900
Price Change
▼ $3,000 1541141509
MLS#
580553
Status
AVAILABLE
Type
Multifamily
City
Allentown
Area
Allentown-Central
County
Lehigh
Bedrooms
3
Bathrooms
1
Living Area
1,128
Lot Size
1,108
Year Built
1905

Property Description

ATTENTION INVESTORS! Three bedroom/One Bath End of Row yielding 12% CAP Rate. Property is being sold "as is" but will have a clear CO from the City of Allentown. Located in the B-2 Business District property has lots of future potential. Only a few steps from the bus terminal, PPL Center, shopping and restaurants. Also being offered as a package deal for all three properties on the same street--see MLS # 583633 and #580552-make offer! yielding a CAP Rate of 12% and collecting rents of $3075 per month with tenant paying all utilities.

Additional Information

Acres
0.025
Construction
Aluminum, Brickote
Cooling
No Air
Living Area
1,128
Lot Dimensions
19x58
Lot Size
1,108
Net Income
9898
Parking
None
Region
Allentown-Central
School District
Allentown
Sewer
Public
Stories
2
Subdivision
Not In Development
Zoning
B-2

Mortgage Calculator

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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®.