Terrific 3 unit investment Property in Allentown. Property consists of two 2 BR apartments and one 1 BR apartment. All apartments are in good condition and are occupied by clean tenants. Currents rents are below market value and could be raised. At current rents, the building yields nearly a 9% cap rate, and with an increase on the first and third floors to market rents, the investment properties' cap rate would be in excess of 10%. This investment property is a great opportunity for both the beginner/owner occupant as well as an experienced savvy investor. This is a definite MUST See!!!!!
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.
