| | | CURRENTLY $495K and OWNER WILL TAKE 450K, CASH, or as close as you can get. 68,844K Gross, 54,790 Net Income, 10.44% Cap Rate @ asking of $525,000. CLEAN CO provided, turnkey, cash flowing, 8-UNIT. fully occupied 6100+SF multifamily asset in Allentown, PA. ALL Units have Separate, Electric and water. Owner paid 50k + for UGI to install all new water system and water boiler for all tenets. The building has also had a new roof installed two years ago. View all of the property information and analysis, CLICK HERE AERIAL VIDEO, CLICK HERE LOOPNET LISTING @ 495K, CLICK HERE | | |
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| | | OPEN HOUSE ON JUNE 29TH, SATURDAY, FROM 2:00 - 4:00 709 LINE ST. 4 Units $45k Gross $37k Net 11% Cap $330k Asking Price 45,600k Gross, 37,184.29 Net Income, 11% Cap Rate @ asking. CLEAN turnkey, cash flowing, 4 unit. 6000+SF multifamily asset in a pleasant neighborhood of Easton, PA. Massive potential with renovated units. ALL utilities separated INCLUDING WATER & SEWER. New roof installed in 2015, all new water heaters, all new gas-fired furnaces, new electric, newer appliances, large rooms, massive kitchens, and all around one of the most well-maintained multi-families on the market. ALL 2BR, 1BA units. individual entrances. Washer & Dryer in each unit. LARGE 8 CAR paved parking pad. Large storage in basement. Property type = commercial, land use = apartments, improvement type = apartment - garden. FULL DISCLOSURE - actual rents are $750.00 each BECAUSE the owner has had the same tenants for 15 years and he hasn't raised the rents in a decade. The tenants are now moving out and we are renting the units out at $950.00 each, which is market rent for a property in this location in this condition with these superior amenities and privacy, school district, etc. Add revenue by charging for parking separately as there is street parking available. OPEN HOUSE JUNE 29TH 2-4PM. | | |
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| | 1113 E 4TH ST. 4 Units 42,000k Gross 33,026k Net 9% Cap 365k Asking Price 42,000K Gross, 33,026K Net Income, 9% Cap Rate @ asking of $365,000. CLEAN turnkey, cash flowing, 4-UNIT. fully occupied multifamily asset in Allentown, PA. ALL Units have Separate Gas and Electric. | | |
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| | | | | 2205 Village Rd. 3 Residential Units, 1 Commercial Unit 12.22% Cap at asking PRICE REDUCTION from $460K to $420K $75,000 Gross Income - $56,250 Net Profit - 12.22% Cap @ Asking (Projected). Clean, turnkey, ALL-BRICK, 4-UNIT, 8,000SF, mixed 3 res + 1 commercial storefront on a .64 ACRE, corner intersection within highly desirable PARKLAND SD which demands high rents & constant tenancy. https://www.thetgteam.com/property/610530/ | | |
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| | 528 N 6th St 3 Units 11.23% Cap at asking PRICE REDUCTION from 365K to 315K $45,000 GROSS, $35,393 NET PROFIT 11.23% CAP @ asking. 250k invested to completely remodel and upgrade this fully occupied, turnkey, cash flowing 4-unit multifamily mansion and carriage house SOLD "AS IS" with CLEAR C/O https://www.thetgteam.com/property/604128/ | | |
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| | 2002 Hamilton St Multi-family residential DEVELOPMENT - Projected $498,600 Gross, $373,909 Net Profit, 9.2% CAP @ ARV of $4,000,000. ARV (After Repair Value) is calculated with current $3.45MM asking plus $550K estimated for a complete renovation equalling $4MM. Formerly the Holiday Hair World Headquarters, this Class A, 50,000SF Professional Plaza has 75 parking spaces & completed plans to develop 32 residential units & 3 commercial units https://www.thetgteam.com/property/611192/ | | |
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| | | -- Contact us: Lauren Jung - 484.515.4939, l.j@thetgteam.com James Reardon - 484.866.2495, j.r@thetgteam.com Office - 610.250.8905 Century 21 Keim Realtors Suite J 2299 Brodhead Rd Bethlehem, PA 18020 | | |
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