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  • FOR SALE
    $540,000

    334 Law Street
    Allentown City, PA 18102

    Apartment
    Residential
    10
    Beds
    6
    Baths
    3,528
    Sq. Ft.
    0.048
    Acre Lot
    Courtesy: IronValley RE of Lehigh Valley
    Weichert> Pennsylvania> Allentown City> 18102
    Welcome to your next lucrative investment in the heart of a thriving rental market! This renovated 4-unit bldg offers an exceptional opportunity for any buyer. This property promises excellent rental income potential with a current annual income of $57,600, boasting a solid 9% cap rate: (2) 1BR/1BA apts at $900/mth & (2) 4BR/2BA apts at $1500/mth. Along with new siding & roof, all of the 4 units have been renovated: updated kitchens/bathrooms, flooring, new HW tanks + clear City CO. Located in a sought-after rental market area, this property benefits from high demand for quality housing. With a strong tenant pool & consistent rental history, you can expect minimal vacancies & reliable income streams. Whether you're an experienced investor or a first-time buyer, this turnkey property offers a hassle-free investment opportunity. With renovations already completed & tenants in place, you can start generating income from day one. Generating an impressive $57,600 in annual income at a 9% cap rate, this property offers a solid return on investment. With potential for future rent increases & appreciation, you can capitalize on the steady growth of the local rental market. Close to amenities, public transportation & major thoroughfares, this property offers convenience & accessibility for tenants. From shopping & dining options to parks & entertainment, everything tenants need is within reach. Don't miss out on this exceptional investment opportunity in a thriving rental market!
    737521
    Residential - Apartment, Colonial, 3+ Story
    10
    6 Full
    1915
    Lehigh
    0.048 Acres
    Public Water
    3
    Brick, Vinyl Siding
    Public Sewer
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    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

    Walk Score

    Transit Score

    Bike Score

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    Courtesy: IronValley RE of Lehigh Valley
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley Association of REALTORS Multiple Listing Service. Real Estate listings held by brokerage firms other than this broker's Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Greater Lehigh Valley MLS. All Rights Reserved.
    This content last refreshed on 5/20/2024 12:37 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
    Information is deemed reliable but is not guaranteed.