Well maintained??Quadruplex (4) Unit 12 Bedroom 4 Full 4 (1/2) Bathrooms in a??quiet??neighborhood in the??West End of Allentown. The??4640 sq. ft.??4 unit (325A, 325B, 327A, 327B), are all 3 bedrooms with??closets, 1 1/2 bathrooms, eat-in kitchen, family room and outside wooden deck with glass sliding doors. Each apartment has one car off-street parking spot in the rear of the building, central air conditioning, additional separate locked storage and laundry hookup in basement. 2019 City of Allentown Pre Sale Certificate of Compliance issued April 4, 2019. Rents are as follows:??325A-$1100, 325B-$1195, 327A-$1205,327B-$1170, $54,360 Gross Annual Rents. Tenants pay all utilities (electric, cable, water/sewer) and owner pays (trash, lawn maintenance, snow removal). Conveniently located close to shopping, restaurants and public transportation. Property value $385,790??Annual gross income $55,920??Operating expenses??23%,??Vacancy rate??1%,??Annual net income $42,627.82 Capitalization Rate??11.05 %.
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