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736 9th, Allentown, PA 18102
$250,000
736 9th, Allentown, PA 18102View this property at 736 9th, Allentown, PA 18102
736 9thAllentownPA18102
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Property Description
$31200 gross and $25200 net income over 10% cap rate 2-unit investment property in the Heart of Allentown. Property comes with 100% clear CO from the city of Allentown. 1st floor renovated one bedroom unit with access to the yard will be left vacant form showings. Seller could rent it after there is an agreement. 2nd floor is month to month at $1250 in a large 2-bedroom apartment which can be rented at $1475. The savvy investor can easily exceed these projected numbers The heat and electric are all separated, and you can charge them for water/sewer. Buyer does not need to worry about any city repairs, just get the rents where they can be and have great cash flowing property. Leaving unit vacant has tenants lined up for $1150. People who do not think we can get these rents don't get the market. Great rental market! Come take advantage. Rental in the area do not stay vacant.
Full Property Details
Full Property Details for 736 9th
General
- Sold For: $250,000
- Taxes: $2,389 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: PALH2007576
- Added to Site: 95 day(s) ago
Parking
- Parking Type: Off Site, On Street
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: Lehigh
- Driving Directions: 7th stt to tilghman left onto 9th, GPS
School Information
- School District: Allentown
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Block, Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance
- Foundation: Stone
- Stories/Levels: 0
- Square Feet: 1,539
- Sq. Ft. Source: Estimated
- Living Area: 1,539 Sq. Ft.
- Finished Above Grnd: 1,539 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,246
- Lot Size Source: Estimated
- Lot Dimensions: 14 x 89
- Zoning: R-MH-MEDIUM HIGH DENSITY
Financial Considerations
- Price Per Sq. Ft.: $160.49
- Operating Expenses: $4,700
- Tax w/Assessment: $74,500
- Tax Amount: $2,389
- Tax Year: 2023
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Taxes - Real Estate, Water
- Landlord Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
Listed and Sold by eXp Commercial, james J Reardon
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Schools
Schools serving 736 9th
School District:Allentown School District
Rating | Name | Grades | Distance |
---|---|---|---|
837 N 9th St, Allentown, PA 18102 | 1-5 | 0.1 mi | |
851 N 15th St, Allentown, PA 18102 | 6-8 | 0.7 mi | |
106 N 17th St, Allentown, PA 18104 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 736 9th
Date
Details
Price
Change
Source
3/29/2024
Sold
$250,000
1.21%
MLS
2/17/2024
Listed
$247,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
736 9th, Allentown, PA 18102 (MLS# PALH2007576) is a Duplex property that was sold at $250,000 on March 29, 2024. Want to learn more about 736 9th? Do you have questions about finding other Duplex real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.