115 S 12Th Street, Allentown, PA 18102
Grandview

Grandview

115 S 12Th Street, Allentown, PA

$485,000

HIGHLIGHTS
  • 24 Beds
  • 8 Full Baths
  • 8,432 Sq.Ft. Living
  • 1920 Year Built
  • Sold Status
  • 619546 MLS® ID

Great Investment Opportunity for this value add 8 unit building located in Allentown. 6 units occupied, 2 units vacant. Priced very well due to condition. Building needs 2 units rehabbed and likely a new roof. Tenants all have yearly leases with full security deposits. Tenants pay electric and gas for stoves. Landlord pays water, sewer, trash and gas heat. New high efficiency steam boiler installed 2018. All units are 3 bedrooms and could easily get $1,000 in rent per unit. Heat could be separated and the storage area could add more income with laundry or storage cages. There is a one car garage with this property.

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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms24
  • Total Bathrooms8
  • Full Bathrooms8

Area & Lot

  • Status Sold
  • Living Area8,432 Sq.Ft.
  • Total Area8,432 Sq.Ft.
  • MLS® ID619546
  • TypeOTHER, COMMERCIAL
  • YEAR BUILT1920
  • neighborhoodAllentown

Exterior

  • Garage Spaces1

Financial

  • Sales Price$485,000
  • Real Estate Tax $10,344

Priced very well due to condition. Building needs 2 units rehabbed and likely a new roof.

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Great Investment Opportunity for this value add 8 unit building located in Allentown. 6 units occupied, 2 units vacant.

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Allentown

Beautifully-preserved historic city with a thriving modern cultural life.

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