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Listing Courtesy of: Nicholas Spade - Spade Property Management Inc. 610-439-8280

$149,000

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441 N HALL Street Allentown City, PA 18102

Investment Residence

2 Beds

1 Baths

1,022 Sq. Ft.

0.04 Acre Lot

Property Activity

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Last updated on 11/7/2024 5:47 PM

Listing Details

Attention investors! This Allentown row home is a prime opportunity with all the big-ticket updates already done, making it an easy addition to your portfolio. With a rental potential of approximately $1,695/month, this property is positioned to be a reliable cash flow generator. Tax and insurance ...for this property are only $145 per month, and budgeting for 5% vacancy and $1000 per year in maintenance, the NOI on this is $16,526 per year - an 11% CAP RATE! Delivered vacant and ready for new tenant! Key renovations include a new roof (2024), an updated electrical system, a modern kitchen featuring granite countertops, soft-close cabinets, and durable vinyl flooring on the main level. The second and third floors have brand new carpet, and the entire home is freshly painted. Additional upgrades include new front and rear doors and a newer oil boiler, making it move-in ready and efficient through the colder months. The private backyard offers valuable outdoor space for tenants â?? a rare perk in city living! Whether youâ??re a first-time investor or looking to expand your portfolio, this property offers low-maintenance appeal with solid rental returns. Donâ??t miss out on this cash-flowing asset! Continue reading

MLS#

748010

Property Type

Investment

Bedrooms

Bathrooms

1 Full

Year Built

1880

Square Feet

1,022 sq. ft

Lot Size