441 W Turner St - 3 Unit Available in Allentown 3 Unit Apartment Building Offered at $375,000 at a 9.28% Cap Rate in Allentown, PA 18102
EXECUTIVE SUMMARY
Come check out this cash-flowing investment opportunity in the heart of Allentown! This fully occupied 3-unit multifamily property offers immediate rental income with long-term tenants in place and leased units generating strong returns. Tenants pay all their own utilites including water/sewer/trash! With very little overhead, this one is easy to maintain and will cash flow generously for years to come. Add this to your portfolio today!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $375,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 9.28% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,035 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1880 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+2 | 1 | $995.00 | - |
| 2+2 | 2 | $1,213 | - |
1 of 1
Walk Score®
Very Walkable (88)
