SOLD
$229,000
Date 02/29/2024

1406 S Jefferson Street
Allentown City, PA 18103

Single Family
Residence
3
Beds
1
Baths
+
1 Half
2,288
Sqft
0.128
Lot Size
Courtesy: Steel City Realty
Introducing an exceptional Home for the near Future, OR investment opportunity in Allentown! This three-bedroom single-family home at 1406 S Jefferson St, currently leased until 10/31/24 with tenants in place since 10/2022, offers a remarkable gross income of $22,992 and a substantial net income of $19,346.68. With tenants covering all utilities and the owner handling taxes, insurance, and trash removal, this property is hassle-free. Additionally, the well-maintained, fenced yard and parking space for up to three cars in the driveway enhance its appeal. Priced competitively at $230,000, this property boasts an attractive cap rate of approximately 8.41%, ensuring a solid return on your investment. Don't miss out on this golden opportunity to diversify your portfolio with a property that combines reliable income and great features. Contact us today, and secure your investment in this Allentown gem!
732150
Single Family, Other, 2 Story
3
Lehigh
1 Full/1 Half
1944
0.128 Acres
Public
2
Brick
Public Sewer
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Steel City Realty
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