Portfolio-6 Bldg-37 Units, ALLENTOWN
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.
- MLS® #PALH109164
- Year Built1900
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- HeatingForced Air
- CoolingWindow Unit(s)
- Listing OfficeHoward Hanna The Frederick Grp
- AddressPortfolio-6 Bldg-37 Units
- AreaAllentown City (12302)
- SubdivisionOLD ALLENTOWN
- Zip Code18102
- ExteriorBrick and Siding
- Date ListedJanuary 31st, 2019
- Days on Market138
- ZoningRH AND RM
Price Change History for Portfolio-6 Bldg-37 Units, ALLENTOWN, PA (MLS® #PALH109164)
|Price Reduced (from $2,499,999)||$2,299,999||$200,000 (8.00%)|
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Listing information last updated on June 17th, 2019 at 8:45am EDT.