BRAND NEW PRICE 10 Unit Allentown

41 45 N 9Th Street, Allentown City PA, 18101

$106K GROSS 7.9% CAP RATE at $950 ASKING PRICE 10 UNIT MIXED USE INVESTMENT PROPERTY ~ COMPLETELY REMODELED ~ 5 COMMERCIAL UNITS AND 5 RESIDENTIAL UNITS ~ 100% OCCUPIED WITH LEASES ~ LOCATED AT A HIGH TRAFFIC LIT INTERSECTION IN DOWNTOWN ALLENTOWN ~ $106K+ GROSS ANNUAL INCOME ~ 7.9%+ CAP RATE WITH RESERVES TAKEN OUT FOR CURRENT MAINTENANCE, MANAGEMENT, VACANCIES AND FUTURE REPLACEMENT RESERVES ~ TENANTS PAY ALL UTILITIES EXCEPT WATER AND SEWER. 

PRICE REDUCED FROM $950K to $900k

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NEW Whitehall 7 Units  Class A Property, No Value Add, Absolutely Best In Class

2102 S Lehigh

7 Units, Fully Occupied, $82,620 Gross, $69,908 Net with a 9.64% Cap Rate at $725,00 Asking Price.  The property consists of 2- two-bedroom and 5- one-bedroom apartments. There are two sides of a twin and a converted 3 story home, which feature highly efficient gas central air/heat.  All tenants pay their own utilities. The property has been fully renovated and is fully occupied.  The units include new kitchens and bathrooms, upgraded plumbing, new water heaters, new flooring, upgraded walls for better insulation & moisture resistance, newer roof, the entire building was re-pointed, new landscaping which included removal of large trees to ensure the safety of the property and tenants.  60% of the tenants are long term and there is a potential to increase the rents.  There has never been an issue with vacancies due to the location of the property it draws a huge amount of interest.

All full-price offers will be protected with a 6-month warranty on plumbing, electric or any apartment related repair.  The seller is will to stay on and continue to maintain the property at a discounted rate to ensure a smooth transfer for an absentee investor.  The seller currently has one of the tenants maintaining the property in regards to the lawn & snow removal, this is a highly efficient way to handle this and the tenant is willing to continue doing this as he is getting a reduction on his rent.

BRAND NEW 5 Unit Allentown

6th Street

$33,300 Gross $26,640 Net 8.8% Cap Rate at $300k Asking Price.  This property has 4 1BR 1BA & 1 2BR 1BA apartments.  All of the rents are very low and could easily be increased with some renovation.  The owner just installed a brand new roof in 2018 at a cost of $10k.

NEW 10 Unit Allentown

$80K Gross, $54K Net with 7.4% Cap Rate at Asking Price of $725k.  Excellent location. Fully occupied all 1 bedroom apartments. Tenants pay electric. Very long term tenants.  All rents could easily be increased with some updating apartments. Great cash flow with loads of potential. 

PRICE REDUCED! 2 Unit Allentown

6th St

Fully Occupied $20k Gross, $16k Net with an 11.4% Cap Rate at $140k Asking Price.  **Projected numbers Actual numbers are $17.1k Gross, $13.7 Net.  Rents are currently low and can easily be increased to obtain the projected numbers.

BRAND NEW 4 Unit Allentown

7th St

Fully Occupied 4 Unit, 1 storefront & 3 apartments all with long term tenants.  $37,500 Gross, $25,042 Net with a 10% Cap Rate at $250k Asking Price.  Increase bottom-line revenue by converting the utilities from owner responsibility to tenant responsibility.

PRICE REDUCED 8 Unit Allentown

Liberty St

$59k Gross, $48k Net with a 12.3% Cap Rate at $390k Asking Price.  Fully occupied and owner is willing to provide a clear CO with a good offer.

NEW 1 Unit Allentown

Whitehall St

Fully Occupied $12k Gross, $10k Net with an 11.11% Cap Rate at $90k Asking Price.  **Projected numbers Actual numbers are $9k Gross, $8.5 Net.  Rents are currently low and can easily be increased to obtain the projected numbers.

NEW Land

Rasberry St

Parcel of land zoned residential in the heart of Bethlehem.  Asking Price is $10k.

NEW 1 Unit Bethlehem

820 Wyandotte

Fully Occupied $16,800 Gross, $13,440 Net with a 10.33% Cap Rate at $130k Asking Price.  This property has been fully renovated with all new kitchen, bathroom, new carpeting throughout and a brand new deck.  Tenants pay all utilities. 

NEW 840 E Lancaster Ave

$1.3MM GROSS, $1.04MM NET, 6% CAP. Offering 2 "CLASS A" retail/office buildings totaling 32,000 SF on 1.8 acres located at a 4-way traffic light intersection with over 40K in daily vehicle count, featuring, 1000FT of Philadelphia Main Line frontage, 50 ground level parking spaces & an 80-car underground garage. Taking 10 yrs to complete & revered as a modern-day Taj Mahal, this project is estimated to cost over 25MM to construct & was forged by the owner purchasing 8 parcels to build unparalleled curb appeal. With the primary purpose of catering to the luxury demographic of Philadelphia’s elite, this asset was built by expert craftsmen from across the world using only the best materials. The 1st building (20KSF) features high-class restaurant & retail/office space with PA's 2nd largest 25,000 bottle wine cellar/dining room. Upstairs has a 2nd high-class restaurant with retail/office/banquet space. The 2nd building (10KSF) has high-end medical/retail/office space. See attached media.

NEW 2 Unit Stroudsburg

808 Sarah

INVESTORS ONLY - Gross Income: $30,600 Net Income: $20,600 Cap Rate: 6.87% @ Asking Price of $300k and includes a BUILDABLE LOT to expand the investment. This is a 2 family home (3008 sq feet) with masonry construction and includes a 3 car garage plus an extra lot to build at the rear of the property. Upgrades include: *new electric, *new forced hot air heat, and *new updated and renovated kitchens. Each side has 6 rooms, 3 bedrooms, and 1 bath. 2 blocks from Main St. Good condition. No repairs required. Unit 808 pays 1250 in rent and has shared use of the garage and also has a first floor half bath. Unit 806 pays 1300 per month rent has a modern kitchen with oak cabinets. The extra piece of land is on the tax records or viewable through google maps.

7-Bldg Lehigh Univ. Housing Portfolio, Bethlehem 3.465MM

Rare opportunity to purchase a turnkey, Lehigh University off-campus housing portfolio. Consists of 7 properties, 5 Beds each property, selling only as a package. All buildings have Clear CO’s. Currently renting for the 2021-2022 Year. 

7-Bldg Student Housing Portfolio, Bethlehem 3.850MM

CONFIDENTIAL LISTING: Rare opportunity to purchase a turnkey, Lehigh University Student Housing Portfolio. 7-Property Portfolio, selling only as a package. 35 Beds (all 7 buildings consist of 5 bedrooms and 2 bathrooms). All buildings have Clear CO’s. Leased through May 2021. Gross Income for the 2020-2021 Year is $323,700. Currently renting for the 2021-2022 Year. 

PRICE REDUCED Bethlehem - 10,000+ Square Foot Commercial Property 2.375MM

3464 Linden St.

No expenses were spared with this 10,000+ SF flex use property on Linden Street in Bethlehem. You will not be able to find a better designed and constructed commercial building currently in the Lehigh Valley. The retail space has custom millwork and cabinetry throughout along with a gas fireplace. There is an elevator that accesses the second-floor offices. The roof was designed with custom-built roof trusses for additional storage. The property sits on 2 acres on high volume route 191 in Bethlehem for maximum retail exposure. BONUS - there is over an acre of buildable land and you can build the same buildings twice or put a strip mall in (zoning applies)

BRAND NEW Bethlehem Property Single Family Home

262 W Langhorne

Asking Price $429k. Thousands invested to update & beautify this meticulously maintained 2,500+SF, 4BR, 2.5BA, Frank Chiles-built ranch home in the prestigious Monacacy Hills subdivision off Bethlehem's Main Street Extension. The 1.04 acre park-like lot with towering mature trees extends to the Monacacy Creek. The main floor, complete with hardwood flooring, opens to an expansive family room with wood burning fireplace & formal dining room with french door access to the upper deck. The sizable eat-in kitchen boasts custom cherry cabinetry, chef-grade stainless steel appliances, granite countertops, & wine fridge. The main floor master bedroom features a newly renovated en-suite bathroom including vanity, toilet, tiled floors & jetted spa shower with rain shower head. Two additional bedrooms and fully renovated full bath complete the first level. The lower level provides a 4th bedroom, renovated 1/2 bath, family room, 2nd fireplace & bonus area all with resilient floors & access to the lower deck.

OPEN HOUSE ALERT

SATURDAY, SEPTEMBER 21ST 1-3PM

SUNDAY, SEPTEMBER 22ND 11-1PM

Easton Property Single Family Home

765 Klein Rd.

$24,000 Gross, $18,000 NET, 8.3% CAP @ Asking. Modern amenities meet old world charm in this gorgeous 1430SF+, 4BR, 2BA, completely remodeled single family renovated farmhouse featuring a 1st-fl master bedroom w/ large walk-in closet, brand new carpeting, & well-appointed tiled en-suite master bathroom. Plentiful windows draw you into the cozy, light-filled family room w/ new resilient laminate wood flooring, seamlessly flowing into the eat-in kitchen, which boasts impeccable white shaker cabinets, granite countertops, center island w/ breakfast bar & brand new stainless steel appliances & farmhouse sink. A spacious mudroom completes the 1st fl. The 2nd fl features three additional bedrooms w/ new carpeting & an additional freshly remodeled tile bathroom. The large yard framed w/ mature trees is perfect for enjoying breezy summer nights & fall foliage. Fresh paint throughout. ALL NEW: roof w/ warranty, water heater, 200 amp electrical box, wiring & plumbing throughout. Newer windows.

175+ BED - Student Housing Kutztown, PA

NEW Northampton 4 Units - Class A Property, No Value Add, Absolutely Best In Class

1915 Main St

4 Units, Fully Occupied, $49,596 Gross, $39,678.58 Net with a 7.97% Cap Rate at $497,500 Asking Price.  Fantastic fully occupied, turn-key property.  You will be purchasing 4 great units within walking distance to the heart of Northampton and transportation stations.  This property also has the added rents, for storage units & coin laundry.

Easton 3 Unit Medical Office with Lehigh Valley Network Anchor Tenants

2001 Fairview, Easton, PA - $225,000 Gross with triple net leases equaling an 11.9% Cap Rate at $1.89MM Asking Price.  Prime location, across from Easton Hospital on .73 acres with 14,552 sq ft of rentable space. 2 units are currently rented to long term doctors at $16/SF with triple net leases covering significant expenses.  

Allentown 20 Unit Portfolio.

$230K GROSS, $155K NET, 10.3% CAP @ $1.5MM ASKING

Grow your property portfolio with this 20 unit sale in Allentown.

2 Profitable Cattasaqua Bar/Restaurants with Liquor License

2 BUILDING, 2 RESTAURANTS, massive traffic count and extremely established landmark restaurant open for nearly 20 years available for sale
Restaurant and lounge with fully equipped kitchen.
• burner stove
• pizza oven
• fryer
• flat top
• steam table
• food warmer

Palmerton Bar and Restaurant

Popular Brew Pub and Restaurant with on-site parking located in a highly-populated area. Sale includes Real Estate, Furniture, Fixtures, Equipment, Brewery License (Liquor License) & Goodwill.
The main level of the restaurant/pub seats approximately 50 patrons.

A popular, well-known restaurant in a prominent location and up-and-coming area. Liquor license included in this price! There is a ton of potential with this spacious establishment which features banquet/private party facilities. Cozy yet very nice size bar on the main floor with multiple distinct dining areas. In addition to the liquor license, assets, equipment, name, goodwill and all are included in this turn-key operation ready for your finishing touches.

PRICE REDUCED Laundromat Business & Building - Allentown

Bethlehem Single Family Home

3177 Rachel Dr. Bethlehem, Pa.

Recently renovated, Impeccably maintained, 3BR, 2.5 BA END UNIT townhome situated on a quiet cul-de-sac in Bethlehem Township. 1st floor features an open layout, towering vaulted ceiling w/ skylight plus a unique bay window, 9 ft ceilings & gleaming oak hardwood flooring. Beautiful kitchen including, custom cabinetry, brand new stainless steel suite (installed for sale), and double bowl sink with recessed lighting and tray ceiling. Dining room w/ tile flooring & vast living room with hard wood floors & sliding glass doors out to the backyard oasis and spacious deck. Upstairs you'll find 3 large bedrooms, loft suitable as a library, and 2 full baths w/ tile floors & walls. Master BR includes walk-in closet & a full bath. Full basement with high ceilings. 1 car finished garage w/ plenty of storage & insulated door. Nice wood deck, full basement for storage, 1st floor laundry.

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Off-market medical office in the Philly Naval Yards.  It is 100% leased by 5 doctors who all PG'd the leases which all NNN and all have 10+ years remaining.  The building is 33k SF.  NOI is $995k Leases all have 3% annual increases.  Asking Price is $14.85M.