Contact Agent
Map
Presented by: Iron Valley RE Of Lehigh ValleyPowered by Highrises
For Sale

$540,000

334 N Law St, Allentown, PA 18102

  • 10Beds
  • 6Baths
  • 3528SqFt
  • 10Beds
  • 6Baths
  • 3528SqFt
  • Property Type
    Townhouse
  • Year Built
    1915
  • Price per Sqft
    $153
  • On highrises
    12 Days
  • Garage
    2 Cars

Property Details

Welcome to your next lucrative investment in the heart of a thriving rental market! This renovated 4-unit bldg offers an exceptional opportunity for any buyer. This property promises excellent rental income potential with a current annual income of $57, 600, boasting a solid 9% cap rate: (2) 1BR/1BA apts at $900/mth & (2) 4BR/2BA apts at $1500/mth. Along with new siding & roof, all of the 4 units have been renovated: updated kitchens/bathrooms, flooring, new HW tanks + clear City CO. Located in a sought-after rental market area, this property benefits from high demand for quality housing. With a strong tenant pool & consistent rental history, you can expect minimal vacancies & reliable income streams. Whether you're an experienced investor or a first-time buyer, this turnkey property offers a hassle-free investment opportunity. With renovations already completed & tenants in place, you can start generating income from day one. Generating an impressive $57, 600 in annual income at a 9% cap rate, this property offers a solid return on investment. With potential for future rent increases & appreciation, you can capitalize on the steady growth of the local rental market. Close to amenities, public transportation & major thoroughfares, this property offers convenience & accessibility for tenants. From shopping & dining options to parks & entertainment, everything tenants need is within reach. Don't miss out on this exceptional investment opportunity in a thriving rental market!

Property Features

Bedrooms

  • Bedrooms: 10
  • Presented by:
  • Henrique Matos

Discover More

Learn more about 334 N Law St