~~100% financing, No money down, Low closing costs!~~12% Cap Rate Return on this Well maintained and fully occupied end unit building with 4 large apartments and 2 car off street parking.---Net earning after all expenses including the monthly mortgage payment is $1,200 a month with 20% down on a 30 year mortgage at 5.5% rate.--Tenants pay for Electric, heating and hot water. 2 two bedroom apartments renting for $700/$600. And 1 four bedroom with 1 & 1/2 renting for $725.00 and 1 three bedroom renting at $675.00. Large full basement with two outside entrances was previously rented as part of a hardware store along with the first floor unit and might have mixed use potential with city approval. Nice Money Maker With Low Taxes! Seller has a clear certificate of occupancy from the city of Allentown that the property is up to code.
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