Check out this solid well-maintained brick 2 unit investment property located in the highly desirable Allentown West End. Consisting of 2 FULLY OCCUPIED 1BR units and a detached garage, this property reflects a 7.6% cap rate with an 8.5% cash on cash return based on 20% down financing, a 4.5% interest rate, amortized over a 20 year term. The property is in the process of being converted to gas heat by UGI and is being sold with a clear Certificate of Occupancy from the City of Allentown. 1st floor tenant takes care of lawn maintenance and snow removal as rent for use of the garage. Please contact listing agent for details and financial reports. Schedule your showings today!!!
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.
