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448 N 10th St
Allentown, PA 18102
448 N 10th St · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 7,428 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | R-MH | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 7,428 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | R-MH |
ABOUT 448 N 10TH ST , ALLENTOWN, PA 18102
$84,600 Projected Gross, $67,570 Projected NET, 8.36% CAP rate @ 600K asking. This is a well maintained 6-unit property on a very busy street in Allentown. It consists of 2 commercial units, 4 apartments, and a two car garage that brings in 150$/mo. these stores take care of any repairs needed. Tenants are pleasant and very cooperative. Tenants pay for everything except taxes, insurance, common electric, and water/sewer which Landlord pays for. there is no trash bill on this property. Existing leases are yearly and Landlord will not be renewing any of them. It will be left to new owner to decide what to do about the current tenants. This Property has several amenities within a one mile radius (Please see attached pictures for a detailed breakdown of these amenities).
PROPERTY TAXES
| Parcel Number | 549782311812-1 | Improvements Assessment | $298,200 |
| Land Assessment | $18,600 | Total Assessment | $316,800 |
PROPERTY TAXES
