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Off market
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  • $686,900

    266 E Walnut St, Allentown, PA 18109

    14beds
    5,280sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $686,900 Zestimate®
    $130/sqft
    $1,759 Estimated rent

    Home value

    $686,900

    $618,000 - $762,000

    $1,759/mo

    Zestimate® history
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    Owner options

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    $1,759/mo

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    $1,759/mo

    Rent Zestimate®

    Refinance and save

    $4,448/mo

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    $4,448/mo

    Est. payment

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    What's special

    **INVESTOR ALERT** --6 UNIT turn key investment property.** FULLY 100% occupied & many renovations within the last few years. *Solid investment in this 6 UNIT BRICK building COMPLETELY RENTED. Very strong cash flow with 9%+ cap rate & leases are all in position for increases based on current rental market demand. Current GRI $66,180 per year. There are 6 apartments & an 8 car parking lot in the rear of the property. The owner has completed renovations over the last few years to each unit including newer kitchens, bathrooms, flooring, paint, etc. There is NATURAL GAS UTILITIES in the building. Owner will sell with Clear CO from the City of Allentown & all units are up to date with their yearly rental inspections from The City as well. Comparable Market rents are higher in the area. An easy to operate, easy to rent building with great numbers. Call your Agent as soon as possible to schedule a tour because we expect a fast sale. **INVENTORY LIKE THIS is scarce & in HIGH DEMAND**

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 5,280 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $130/sqft

    Price history

    DateEventPrice
    12/16/2020Listing removed$500,000$95/sqft
    Source: RE/MAX Central #651417 Report a problem
    10/25/2020Pending sale$500,000$95/sqft
    Source: RE/MAX Central #651417 Report a problem
    10/16/2020Listed for sale$500,000$95/sqft
    Source: RE/MAX Central #651417 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: East Allentown

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $686,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $686,900