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526 Auburn St

1,320 SF Specialty Building Offered at $150,000 at a 13.22% Cap Rate in Allentown, PA 18103

Executive Summary

Incredible Income producing asset boasting a 13% cap rate!!! Tenant pays all utilities. Leased until 5/31/25 @ $1875. 3 Bedroom 1 bathroom Row Home with bonus room that would be great for a variety of uses! Open, Spacious Kitchen/Dining/ LR w/ Beautiful Brick Accents. Washer/Dryer Hook Up. This property has been used as a rental for many years and has an incredible history of cash flow.

Financial Summary (Actual - 2023) 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

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $150,000
Price Per SF $114
Sale Type Investment or Owner User
Cap Rate 13.22%
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.03 AC
Building Size 1,320 SF
No. Stories 3
Year Built 1900
Opportunity Zone Yes

Amenities

  • Air Conditioning

zoning

Zoning Code R-MH (Residential)
R-MH (Residential)
  • Listing ID: 32261216

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 526 Auburn St, Allentown, PA 18103

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