224 E South Street, Allentown, PA 18109
224 E South St, Allentown

224 E South St, Allentown

224 E South Street, Allentown, PA

$90,000

HIGHLIGHTS
  • 3 Beds
  • 2 Full Baths
  • 0.055 Acres Lot
  • 1,136 Sq.Ft. Living
  • 1925 Year Built
  • Sold Status

Gross income $14460 yr, Net income $10863 Yr = 11.4% Cap. Will increase to 12.1% Cap on 6/1/19 at lease renewal. Large 3 bedroom, 2 full bathroom home for sale with a finished basement, large garage. Tenants pay all utilities including, water, sewer, electric and oil. Appliances included such as Refrigerator, Stove, Oven, Washer and Dryer. The home has a fenced in yard, newer roof 2007, newer windows and the furnace is very well maintained. Every bedroom is private. The home is in great condition. Rent is $1205 right now and will increase to $1265 on 6/1/19 with a renewed lease for 1 year. LONG TERM Tenants have been living in the home since 2017 and intend to stay since they love the home and the way it is being maintained by the current management company.

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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms3
  • Total Bathrooms2
  • Full Bathrooms2

Area & Lot

  • Status Sold
  • Living Area1,136 Sq.Ft.
  • Total Area1,136 Sq.Ft.
  • Lot Area0.055 Acres
  • TypeOTHER
  • YEAR BUILT1925
  • neighborhoodAllentown

Exterior

  • Garage Spaces1

Financial

  • Sales Price$90,000

SOLD in 23 days!

- Emanuel De Jesus - Listing Agent

Smart investors buy smart investments! This is a great example.

-

Allentown

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

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