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1209 S Howard St

Allentown , Pennsylvania 18103

Listing Type:
For Sale
Listing Price:
$925,000.00
Property Type:
Multi-Family
Property Subtype:
Low-Rise/Garden
Year Built:
Listing Status:
Active
Building Size:
10560 SqFt

Description:

KW Commercial is pleased to exclusively present to qualified investors, this 8 Unit Value Add multifamily property in Allentown, PA. The property boasts spacious 1,200 SF 3 bedroom 1.5 bath units with huge eat-in kitchens, which are currently 18-32% under market due to very long term tenants! There is a waiting list for units, and all tenants are currently on M2M leases. Mostly all original kitchens and bathrooms leave significant upside for an investor to update interiors and raise rents. All new electrical throughout. New flooring throughout most units. Huge lower level with laundry machines and storage lockers.
Significant Value Add Off Market Opportunity
Rents currently under market by 18% - 32%
All units are spacious 3 bed / 1.5 bath - approx 1,200 SF each
Located in a beautiful residential area with walkable accessibility to retail corridor and public transportation terminal

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Crownstone Investment Group

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