Top Secret 12 Unit in Allentown

12 Unit Property in Allentown Gross $320,620, Net $96,100.  Owner is currently charging $900 per month for the units but with some renovation, you could easily up the rent to $1,150 per unit which will put your projected numbers at $165,000 Gross, $124,200 Net which will put the property at a 12.4% Cap Rate at the asking price of $1MM

8 Units in Allentown

FOR OUR BUYERS ONLY! OWNER WILL TAKE $450K, CASH with a 30-day close, which will put you at a 12% Cap Rate!

$68,844 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.  The commercial unit is not currently zoned but it can be easily.  Plans were submitted but not executed. Previous tenants have been a cobbler, therapist, and a real estate office

OPEN HOUSE JULY 1ST 5:30-7PM

View all of the property information and analysis, CLICK HERE

AERIAL VIDEO, CLICK HERE

LOOPNET LISTING @ 495K, CLICK HERE

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/

308 N 9th St

$39,900 Gross $30,384 Net 10% Cap $265k Asking Price 

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/

709 LINE ST.

4 Units $45k Gross $37k Net 11% Cap $330k Asking Price

OPEN HOUSE ON JUNE 29TH, SATURDAY, FROM 2:00 - 4:00

FOR OUR BUYERS ONLY! Price Reduction to $325K which will give you an 11.38% Cap Rate 

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 the 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.

Possible Aquistions with our Team

111-113 S 8th St

4 Unit - 3 Residential and 1 Commercial all fully rented with 7 parking spaces.  Gross $43,500, Net $34,923, Cap Rate 11.4% at $399.9K Asking Price.

FOR OUR BUYERS WE WILL NEGOTIATE A 12% CAP RATE!

342 Ridge Ave

4 Unit - 3 Residential and 1 Commercial all fully rented.  Gross $43,160, Net $31,733, Cap Rate 10% at $315K Asking Price.

FOR OUR BUYERS WE WILL NEGOTIATE A DEAL AT 250K WITH A 12.6% CAP RATE!