Highest & Best Offers By Nov 30th. Seller will respond to offers from 110000 to 119,000. TURN KEY 3 Unit MONEY MAKER! Fully occupied, already renovated, easy to run & rent. All modern 2 BR units. No Maintenance Building. $21,000 Gross Income, $16,194 before debt service. Study the numbers to see a 40% CASH on CASH return with 20% down, CAP Rate over 13. LOW TAXES of just $1763. Nearby Allentown's Waterfront Redevelopment (Upscale Apartments, Offices, Retail & Restaurants) will keep this area appreciating in value and desirability. Phase One of that project has just begun. New Bridge about to open nearby. This is the location to be at! OPERATING DETAILS: All electric, (tenants love one bill, owner loves no expenses & ease of rarely needed, low cost repairs...cheaper than furnace maintenance) Off Street parking for 4 cars, Metal Fire Escape (needed for code compliance) , 4 electric meters (one for each unit , one for owners/common electric). LONG Term owner retiring, take over this high cash flow biz set up by a successful pro.
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