117 .5 North Penn Street, Allentown City, PA 18102
117 .5 North Penn Street

117 .5 North Penn Street

117 .5 North Penn Street, Allentown City, PA

$230,000

HIGHLIGHTS
  • 5 Beds
  • 2 Full Baths
  • 871.2 Sq.Ft. Lot
  • 1,200 Sq.Ft. Living
  • 1895 Year Built
  • Sold Status
  • 732484 MLS® ID
Attention savvy investors! Get ready to elevate your portfolio with this exceptional two-unit property located at 117.5 N Penn St in Allentown. Boasting a rare combination of a 1-bedroom and a 4-bedroom unit, this property promises diverse rental income streams. With a gross income of $27,000 and a net income of $23,252 annually, this investment is a true cash cow. Priced competitively at $230,000, and with the owner responsible for taxes, trash, and insurance, managing this property is a breeze. Tenants handle all other utilities, further enhancing your return. Situated in a prime location in Allentown, this property offers tremendous rental potential. Don't miss out on this golden opportunity to secure a lucrative investment with a strong cap rate for this area. Act now and make this income-generating asset yours today!
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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms5
  • Total Bathrooms2
  • Full Bathrooms2

Area & Lot

  • Status Sold
  • Living Area1,200 Sq.Ft.
  • Lot Area871.2 Sq.Ft.
  • MLS® ID732484
  • TypeTownhouse
  • YEAR BUILT1895
  • School DistrictAllentown

Exterior

  • STORIES2
  • Water SourcePublic
  • sewerPublic Sewer

Financial

  • Sales Price$230,000
  • Real Estate Tax $2,548/yr
  • Zoning R-H-HIGH DENSITY RESIDENTIAL

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