Income-producing 3-unit multifamily property located at 204 N 9th St in Allentown, ideal for both investors and owner-occupants. The property features two occupied units and one vacant unit, offering immediate cash flow with additional upside. Current and projected rents are strong, with Unit 1 at $1,600, Unit 2 at $1,650, and Unit 3 at $950, generating a total potential gross annual income of $58,200. This setup provides the perfect opportunity for an owner-occupant to live in one unit while offsetting expenses with rental income, or for an investor to fully lease and maximize returns. Disclosure: Property owner is a licensed real estate agent.
Located near downtown Allentown with convenient access to shopping, dining, and major transportation routes, the property remains highly attractive to tenants. With solid rental demand in the area and room to optimize performance, this asset offers both stable cash flow and long-term appreciation potential. Don’t miss this opportunity to acquire a versatile multifamily property in a growing market.
112 days
|
619
|
31
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Zillow last checked:
Listing updated:
Listed by:
Tushar Babaria484-274-7436,
Howard Hanna TheFrederickGroup610-398-0411
Source: GLVR,MLS#: 773869Originating MLS: Lehigh Valley MLS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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