Portfolio-6 Bldg-37 Units

$2,299,999

About This Property

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
StatusActive

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

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Listing information last updated on June 24th, 2019 at 12:31pm EDT.

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