$540,000
Active
11 Days Online
10 Beds6 Baths3,528 SQFT
Active

334 Law Street Allentown, PA 18102

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Welcome to your next lucrative investment in the heart of a thriving rental market! This renovated 4-unit bldg offers an exceptional opportunity for any buyer. This property promises excellent rental income potential with a current annual income of $57, 600, boasting a solid 9% cap rate: (2) 1BR/1BA apts at $900/mth & (2) 4BR/2BA apts at $1500/mth. Along with new siding & roof, all of the 4 units have been renovated: updated kitchens/bathrooms, flooring, new HW tanks + clear City CO. Located in a sought-after rental market area, this property benefits from high demand for quality housing. With a strong tenant pool & consistent rental history, you can expect minimal vacancies & reliable income streams. Whether you're an experienced investor or a first-time buyer, this turnkey property offers a hassle-free investment opportunity. With renovations already completed & tenants in place, you can start generating income from day one. Generating an impressive $57, 600 in annual income at a 9% cap rate, this property offers a solid return on investment. With potential for future rent increases & appreciation, you can capitalize on the steady growth of the local rental market. Close to amenities, public transportation & major thoroughfares, this property offers convenience & accessibility for tenants. From shopping & dining options to parks & entertainment, everything tenants need is within reach. Don't miss out on this exceptional investment opportunity in a thriving rental market!

  • Property TypeSingle Family Home
  • NeighborhoodNot In Development
  • CountyLehigh
  • Taxes$4,353
  • HOA/Condo/Coop Fees$0
  • Days on Site11 Days
  • MLS StatusActive
  • MLS ID Number737521
  • Home Size Source N/A
  • Year Built1915
  • Lot Size0.048 Acres
  • Full Baths6
  • Partial BathsN/A

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Schools

School District
Allentown
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Monthly Payment (Est.)

$2,880
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