717 Washington Street, Allentown City, PA 18102
717 Washington Street

717 Washington Street

717 Washington Street, Allentown City, PA

$325,000

HIGHLIGHTS
  • 4 Beds
  • 3 Full Baths
  • 1,916 Sq.Ft. Lot
  • 1,968 Sq.Ft. Living
  • 1900 Year Built
  • Pending Status
  • 729714 MLS® ID
Exceptional Investment Opportunity - Fully Occupied 3-Unit Property Attention astute investors! Your search for a high-performing income property ends here. This well maintained 3-unit gem, fully occupied with tenants covering their utilities, is your ticket to financial success. With a robust gross annual income of $37,716 and efficiently managed expenses at $3,492, including taxes, insurance, and common meter costs, this property delivers an impressive net income of $34,224 annually. What's more, all units come with existing leases and deposits, ensuring stability from day one. This investment boasts an enviable cap rate of approximately 10+%. Don't let this golden opportunity slip through your fingers—contact us today and secure your spot in the world of lucrative real estate investments!
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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms4
  • Total Bathrooms3
  • Full Bathrooms3

Area & Lot

  • Status Pending
  • Living Area1,968 Sq.Ft.
  • Lot Area1,916 Sq.Ft.
  • MLS® ID729714
  • TypeTownhouse
  • YEAR BUILT1900
  • School DistrictAllentown

Exterior

  • STORIES3
  • Water SourcePublic
  • sewerPublic Sewer
  • SubstructureBrick

Financial

  • Sales Price$325,000
  • Real Estate Tax $2,126/yr
  • Zoning R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

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