Bought with Jennifer de Jesus • Steel City Realty
$640,000
$660,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
702 SAINT JOHN ST Allentown, PA 18103
7,524 SqFt
Key Details
Sold Price $640,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,524 sqft
Price per Sqft $85
MLS Listing ID PALH116080
Sold Date 07/28/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1928
Annual Tax Amount $8,961
Tax Year 2020
Lot Size 3,536 Sqft
Acres 0.08
Lot Dimensions 23.00 x 153.75
Property Sub-Type Five Or More Units
Property Description
Great Cash Flow on this 7-unit in South Allentown - plenty of value add! Fully occupied with decent paying tenants. Landlord pays water, sewer, trash, heat and common electric. Tenants pay electric for their unit. Coin operated laundry and storage rooms for tenants provide the opportunity for additional income. All leases are yearly leases with 5% increases built in. All units have full deposits. 5- 2 bedrooms & 2- 1 Bedrooms. Don't wait too long to add this one to your portfolio! Seller will provide CLEAR CO.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-MH
Interior
Hot Water Electric
Heating Radiator
Cooling None
Flooring Hardwood, Carpet, Vinyl
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Phone, Natural Gas Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 640626569864-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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