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2336 S 12th St, Allentown, PA 18103

$290,000

  • Sold
  • Closed
  • Commercial
2336 S 12th St, Allentown, PA 18103 View this property at 2336 S 12th St, Allentown, PA 18103
2336 S 12th St Allentown PA 18103

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Property Description

Investor's Alert - True Triple Net Lease with 9.9% Cap Rate. Beautiful 3500 Square Foot industrial zoned building featuring nice offices with central air, shop with loft areas. Same business has occupied the space since 1989. Current owner of business has been leasing the space for 5 years and has an additional 4 years on his lease. Leased at $31,800 per year, tenant pays property taxes, insurance, utilities, heat, and maintenance. This is a great opportunity for an investor to purchase a solid income stream.

Full Property Details for 2336 S 12th St

  • Sold For: $290,000
  • Taxes: $7,272 (2015)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 6434914
  • Added: 1, 230 day(s) ago

Property History

  • 2336 S 12th St, Allentown, PA
  • Sold at $290,000 on 3/6/15
  • Listed at $319,900 on 8/4/14

Interior

  • Flooring: 1.0

Location

  • Area: Allentown City
  • County: LEHIGH

Structural Information

  • Square Feet: 3,500
  • Current Bldg. Use: 4280
  • Year Built: 1990

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Dimensions: 100 x 120
  • Frontage: Boro/Township
  • Zoning: I-3

Financial Considerations

  • Tax Amount: $7,272
  • Tax Year: 2015

Listed and Sold by Century 21 Keim Realtors

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2336 S 12th St, Allentown, PA 18103 (MLS# 6434914) is a Commercial property that was sold at $290,000 on March 06, 2015. Want to learn more about 2336 S 12th St? Do you have questions about finding other Commercial real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

Listed and Sold by Century 21 Keim Realtors