24 S 11th St, Allentown, PA 18102

MULTIPLE OFFERS RECEIVED ***H&B is due Tuesday (1/21/25) by 5pm*** Exceptional Investment Opportunity – 3-Unit Multifamily Property! - Offered at $345,000 - Cap Rate: 8.3% (self-managed) Discover the perfect addition to your real estate portfolio with this three-unit building that combines strong cash flow with immediate upside potential. Featuring two spacious two-bedroom units and a well-sized studio, this property is designed for consistent income and future growth. Key Highlights: • Impressive Income: Gross rents are nearing $35,000 annually, with room for rent roll increases. • Expense Control: Owner has implemented RUBS (Ratio Utility Billing System) in 2 of 3 units, lowering operating expenses and boosting cash flow. • Strong Cap Rate: Enjoy an 8.3% cap rate, making this a high-performing asset for savvy investors. • Upside Potential: With rents slightly below market, there’s significant opportunity for increased income.