Attention investors! Feast your eyes on this fantastic opportunity at 239 N Church St in Allentown! This end-of-row single-family home is a lucrative addition to any portfolio, boasting a remarkably high cap rate for the area. With three bedrooms and one bathroom, this property is perfectly positioned for rental success. Tenants cover all utilities, while you handle insurance and taxes, ensuring a hassle-free investment. Generating a gross rental income of $17,115 and boasting manageable expenses of $2,105, this property yields an impressive net income of $15,010 annually, translating to a cap rate of approximately 10.72%. Moreover, its proximity to 236 N Church St, also for sale by the same owner, presents a unique chance to acquire multiple income-generating properties in one go. Don't miss out on this golden opportunity to secure consistent returns and expand your investment portfolio in Allentown!
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