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220-222 N 6th St
Allentown, PA 18102
10 Unit Fully Occupied: 6th St Allentown PA · Multifamily Property For Sale
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10 Units

Attachments
| Income and Expenses |
Property Facts
| No. Units | 10 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 10,435 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Zoning | R-MH | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 10,435 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | R-MH |
Amenities
Unit Amenities
- Refrigerator
- Range
About 220-222 N 6TH ST , ALLENTOWN, PA 18102
Turn key cash flowing 10-unit fully occupied clean and well maintained investment property in center city Allentown. Attractive cap rate at asking price. High quality building. Top Rents due to condition and location. Solid leases with long term tenants. Immediate re-rent. Thousands in upgrades to exterior and interior. Upgraded utilities. Low upkeep. Located next to the Neighborhood Improvement Zone' s (NIZ) with more than $1 billion of commercial investments and within the area targeted by PPL' s Live and work in Allentown grant incentive program for renters. Situated on a large lot. Ten cameras and video surveillance system included in sale; Solid construction, extra-high ceilings and unique architectural details potential for luxury apartment development. Electric heat paid by tenants; in-unit hot water heaters and recently upgraded electric panels; all plumbing re-done 2005; available space for on-premises laundry and storage for tenant use. Roof in great condition. Located next to the Neighborhood Improvement Zone' s (NIZ) with more than $1 billion of commercial investments and within the area targeted by PPL's Live and work in Allentown grant incentive program for renters. Situated on a large lot.
Property Taxes
| Parcel Number | 640711081186-1 | Improvements Assessment | $739,700 |
| Land Assessment | $60,000 | Total Assessment | $799,700 |
Property Taxes
Listing ID: 6512143
Date on Market: 3/29/2017
Last Updated:
Address: 220-222 N 6th St, Allentown, PA 18102
The City Center Multifamily Property at 220-222 N 6th St, Allentown, PA 18102 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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