Aaron Powell
This listing was posted on RealtyWW.
$650,000
Coronado St, Allentown, Home For Sale
Price:
$650,000
BR/BA:
9 BR, 5 BA
Location:
1510 Coronado St, Allentown, PA
Description:
Here is your chance to own an exceptional and consistently cash-flowing 4-unit property in a quiet neighborhood near Lehigh Parkway. Each unit has been updated over the past few years and is ready for the next investor. The property includes one 4-bed 2-bath single family; two 2-bed, 1-bath apts; and one 1-bed, 1-bath apt in the main building. Income and expenses have been tracked, eliminating any guesswork. Each unit has been recently updated, NOI is legit 8.73%, and is fully leased. Tenants are responsible for heat (hydronic baseboard), electricity, snow removal, and sanitation/trash. Owner takes care of water/sewer, common electricity, and yard maintenance. (Do not walk the property without an agent.) This property features three off-street parking spots, new roofs installed in 2010 (main roof) and 2024 (lower shared roof), and new windows 2020. Additionally, it includes two coin-operated laundry rooms that provide extra income. There's potential to further increase revenue by renting out the sectioned-off storage space in the basement. Hardwired IR security cameras offer off-site monitoring, though they have only been used to track misdelivered packages. The property is within walking distance to Lehigh Parkway Elementary School and Lehigh Parkway Park (southern part of Allentown near Emmaus), and is conveniently close to I-78, making commuting easy for tenants. Photos of each unit were taken before the current tenants moved in. This fully occupied 4-unit property is ready to start generating cash flow for you. (Do not walk the property without an agent.)For more details: https://realtyww.info/homes_allentown-d523756/for-sale_i73514577
Property Type:
Single-Family Houses
Amenities:
Parking, Storage
For sale by:
Agent/Broker
Posted:
June 30 on RealtyWW
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More About this Listing: Coronado St, Allentown, Home For Sale
Coronado St, Allentown, Home For Sale is a 9 Bedroom 5.5 Bath Single-Family Homes for Sale at 1510 Coronado St in Allentown PA. Find other listings like Coronado St, Allentown, Home For Sale and listings near 1510 Coronado St by searching Oodle Classifieds for 9 Bedroom 5.5 Bath Single-Family Homes for Sale in Allentown PA.
Coronado St, Allentown, Home For Sale is a 9 Bedroom 5.5 Bath Single-Family Homes for Sale at 1510 Coronado St in Allentown PA. Find other listings like Coronado St, Allentown, Home For Sale and listings near 1510 Coronado St by searching Oodle Classifieds for 9 Bedroom 5.5 Bath Single-Family Homes for Sale in Allentown PA.