This is a Great Investment Opportunity for a (5) Unit Apartment Building that was Built in 1994 and it is Not a Converted Building. New Roof in (2024) All Units are (2) BR, 1 Bath & are Individually Metered for Gas Heat, Water, Sewer & Electric. Tenants' Pay All Utilities except for Trash. Crown Gas Boilers with Indirect Water Heaters. Low Maintenance Vinyl Siding. On-Site Laundry Rm has Metered Washer/Dryer Hookups for Units 1 - 4. Unit 5 in the Basement is Electric BB & the Walls are Spray Foam Insulated. There are also (3) Storage Rms that are Rented for $50/Month. Plenty of Off-Street Parking. Very Desirable Amenities for the Tenants'. Low Total Annual Taxes of $8,745 ($729/Month) Rents are Below Market Value. (Projected Rents - $1,150 - $1,250/Month) Survey on File.
84 days
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32
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Zillow last checked:
Listing updated:
Listed by:
Jonathan A. Miller610-509-8065,
RE/MAX Real Estate610-691-6100
Source: GLVR,MLS#: 776339Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5
Heating
Baseboard, Gas, Hot Water
Cooling
None
Appliances
Laundry: Common Area, Washer Hookup
Interior area
Total interior livable area: 3,160 sqft
Property
Parking
Total spaces: 7
Parking features: Off Street, Parking Pad, On Street
Has uncovered spaces: Yes
Features
Stories: 2
Lot
Size: 8,319 Square Feet
Dimensions: 78' x 108'
Details
Parcel number: M9NE1A 3 12 0310
Zoning: RMD Residential Medium De
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Single Family Residence
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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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