Beautiful all brick 5 unit in Allentown. Owner has kept this building in great shape, all apartments and basement are clean. All 5 units are rented, 3 units are 3 bedrooms and 1 full bath, 2 units are 1 Bedroom and 1 full bath, all have electric heat , laundry hook up , new windows and an enclosed porch for every unit a well. Landlord only pays water,sewer and garbage. There is room in the rear of the building for off street parking. This is a must see, dont wait any longer to make money, this is your property. Owner is negotiable and motivated, make an offer! Rents: 850+850+850+625+650= $3,825 a month, $45,900 a year,Electricity is 30 a month, 360 a year,Insurance for the year is 802,Water/sewer/trash is 250 a month, 3000 a year,Taxes are 5k per year,Gross income 45,900,minus insurance 802,minus electricity 360,minus water/sewer/trash 3,000,minus taxes 5,000,equals the Net Income 36,738,14.7 % CAP RATE
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