Portfolio-6 Bldg-37 Units, ALLENTOWN

$2,299,999

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

CONFIDENTIAL LISTING: Pride of ownership is readily apparent in both the physical appearance and the financial details for this six property portfolio. All 37 units (consisting of 9 apartments and 28 furnished rooms) have been continuously rented at near 0% vacancy for years. This is a turn-key opportunity for any investor as there is no deferred maintenance on six properties located in the high-demand area of downtown Allentown. Rents are still slightly below market and all properties and units will have up-to-date and clear Allentown Certificate of Occupancy Permits prior to sale. All six properties are within 1 mile of each other in center city Allentown surrounding the designated Neighborhood Improvement Zone. Please register via the Covenant of Confidentiality. Guided group tour led by the owner is scheduled for Saturday, February 2 at 11:00 a.m. Please submit offers by Wednesday, February 6th at 5:00 p.m. EST.

Essential Information
MLS® #PALH109164
Price$2,299,999
Bathrooms0.00
Acres0.00
Year Built1900
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusPending
Community Information
AddressPortfolio-6 Bldg-37 Units
AreaAllentown City (12302)
SubdivisionOLD ALLENTOWN
CityALLENTOWN
CountyLEHIGH-PA
StatePA
Zip Code18102
Interior
HeatingForced Air
CoolingWindow Unit(s)
Exterior
ExteriorBrick and Siding
School Information
DistrictALLENTOWN
Additional Information
ZoningRH AND RM
Listing Details
OfficeHoward Hanna The Frederick Grp
Property History
Status Changed from Active to Pending
Price Reduced from $2,499,999 to $2,299,999
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Listing information last updated on November 18th, 2019 at 9:31pm EST.

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