1406 South Jefferson Street, Allentown City, PA 18103
1406 S Jefferson Street

1406 S Jefferson Street

1406 South Jefferson Street, Allentown City, PA

$229,000

HIGHLIGHTS
  • 3 Beds
  • 1 Full Bath
  • 1 Half Bath
  • 5,575.68 Sq.Ft. Lot
  • 1,144 Sq.Ft. Living
  • 1944 Year Built
  • Sold Status
  • 731031 MLS® ID
Introducing an exceptional investment opportunity in Allentown! This three-bedroom single-family home at 1406 S Jefferson St, currently leased until 10/31/24 with tenants in place since 10/2022, offers a remarkable gross income of $22,992 and a substantial net income of $19,346.68. With tenants covering all utilities and the owner handling taxes, insurance, and trash removal, this property is hassle-free. Additionally, the well-maintained, fenced yard and parking space for up to three cars in the driveway enhance its appeal. Priced competitively at $230,000, this property boasts an attractive cap rate of approximately 8.41%, ensuring a solid return on your investment. Don't miss out on this golden opportunity to diversify your portfolio with a property that combines reliable income and great features. Contact us today, and secure your investment in this Allentown gem!
Show MoreShow Less
Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms3
  • Total Bathrooms1.5
  • Full Bathrooms1
  • Half Bathrooms1

Area & Lot

  • Status Sold
  • Living Area1,144 Sq.Ft.
  • Lot Area5,575.68 Sq.Ft.
  • MLS® ID731031
  • TypeResidential
  • YEAR BUILT1944
  • School DistrictAllentown

Exterior

  • STORIES2
  • Water SourcePublic
  • sewerPublic Sewer

Financial

  • Sales Price$229,000
  • Real Estate Tax $3,637/yr
  • Zoning R-M-MEDIUM DENSITY RESIDENTIAL

NOT FINDING WHAT YOU NEED?

Click below to connect to an agent for a custom search.

Contact Us

Follow Us on Instagram