1016 Spring Garden StAllentown, PA, 18102

Added 10 days ago
$100,000
3 Beds
1 Bath
988 SqFt
$101/SqFt
Townhouse
Schools Nearby

Trend Report

Listing Prices for All Homes in Allentown

This Home

$100K

$35K$2.6M

The Median List Price for All homes in Allentown is $155K

Based on homes listed in the last 12 months

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Facts and Features

Home Type
Townhouse
Year Built
1925
Heating
Gas, Hot Water, Radiator
Cooling
Wall Ac
MLS #
654122
Status
Available

Description

COVID PROOF with consistently paying tenant - $11,700 GROSS, $9,250 NET INCOME, 9.25% CAP RATE @ ASKING. Preparing for this sale, ownership recently updated this turnkey, cash flowing, fully occupied, ALL BRICK investment property. Tenant pays all utilities, including water/sewer. Extremely well maintained with hardwood flooring and spacious living, kitchen, and bedrooms. Repainted in 2017. Recently inspected boiler. Cleaned/repaired ceiling venting system, new bathroom fixtures toilet. Flooring was installed in the bathroom. This property is offered individually or can be purchased along with the other 9 units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.

Interior Features

Full Bathrooms: 1

Exterior Features

Parking: Off Site
Exterior: Brick

Utilities

Heating: Gas, Hot Water, Radiator
Cooling: Wall Ac

Other

Listing Office: EXP Realty LLC
Originating MLS: Lehigh MLS
MLS Number: 654122
New Construction: No
Directions: 1016 Spring Garden St. Allentown, PA 18102
Added to Rocket Homes 10 days ago
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  1. Rocket Homes
  2. Pennsylvania
  3. Lehigh County
  4. Allentown
  5. 1016 Spring Garden St

This home is located at 1016 Spring Garden St in Allentown City, PA and zip code 18102. This 988 square foot home, which was built in 1925, sits on a 0.05 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 18, 2020 and is currently priced at $100,000.The neighbors living near this home have an average income of $21,459.

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