$345,000 528 North 6th Street Allentown, PA

MLS: 565506   Type: Multi-Family   County: Lehigh   City: Allentown   Area: Allentown-central   Neighborhood: Old Fairgrounds   Zip: 18102   Style: Detached,Semi Detached     Stories: 3   Taxes: $5,607

Mortgage $1,620 /mo



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$43,800 INCOME, $34,017 NET PROFIT. 10% CAP Rate. 225k spent to completely remodel and upgrade this turnkey cash flowing fully occupied 3-unit multifamily mansion with clear c/o boasting over 5700 sqft in 2 very well maintained and extremely spacious brick buildings. Rents can be raised. Solid leases w/ long term tenants. Fresh paint, new appliances, remodelled kitchens, courtyard. 100 amp service, new PEX plumbing. Antique water heaters modernized, separate gas heaters, rewired electric and gas meters. Separate laundry charged. Unit 1 = 3 BR, 1.5 BA, 1358 sqft. Unit 2 takes up the 2nd + 3rd floor has 5BR, 2BA, 2400 sqft. Luxury unit 3 in rear carriage house has 3BR, 1BA, 1277 sqft w/ new roof, energy/efficient windows, new carpet and floors, new kitchen, new bath, new baseboard heaters, huge efficient water heater, high ceilings. 2 car garage for extra income. Floor plans and capital costs available.

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Price History

12/4/2017 Listed $350,000
4/9/2018 2% - $345,000

Construction Brick
County Lehigh
Features Central Laundry, Disposal, Fire Escape, Hardwood, Historic, Rewired
Subdivision Old Fairgrounds
Water/Sewer 875
Zoning Code R-Mh

Interior Features

Cooling Ceiling Fan, Wall AC
Electric 500
Gas 0
Heat 0

Exterior Features

Parking Garage
Parking Spaces 2
Sewer Public
Water Public

Property Schools

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Gallery (44 photos)

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Property vs Zip Code Avg (18102)

Price 345K Avg 159K

Sqr Feet 5,774 Avg 2,336

Cost / Sqr Ft $60 Avg $68

Taxes $5,607 Avg $2,592

Acres 0.115 Avg 0.05

Visits 20 Avg 12

Days on Site 170 Avg 87

Walkscore® 88 Avg 85

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Listing Provided Courtesy Of: CENTURY 21 Keim

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Location & Address

Heather Martin

Pittsburgh, PA