Active
Available
441 North Hall Street
Allentown City PA, 18102
$149,000
$145.79 per sqft
Active
Available
2 Beds
1 Bath
1,022 sqft
Townhomes
Built in 1880
Attention investors! This Allentown row home is a prime opportunity with all the big-ticket updates already done, making it an easy addition to your portfolio. With a rental potential of approximately $1,695/month, this property is positioned to be a reliable cash flow generator. Tax and insurance for this property are only $145 per month, and budgeting for 5% vacancy and $1000 per year in maintenance, the NOI on this is $16,526 per year - an 11% CAP RATE! Delivered vacant and ready for new tenant!
Key renovations include a new roof (2024), an updated electrical system, a modern kitchen featuring granite countertops, soft-close cabinets, and durable vinyl flooring on the main level. The second and third floors have brand new carpet, and the entire home is freshly painted.
Additional upgrades include new front and rear doors and a newer oil boiler, making it move-in ready and efficient through the colder months. The private backyard offers valuable outdoor space for tenants - a rare perk in city living!
Whether you're a first-time investor or looking to expand your portfolio, this property offers low-maintenance appeal with solid rental returns. Don't miss out on this cash-flowing asset!
748010
MLSⓇ ID
November 4, 2024
Listed
November 4, 2024
Updated
Map
441 North Hall Street
Allentown City PA, 18102
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.03 Acres
Sewer
Public Sewer
School Information
School District
Allentown
Other Property Details
Area Name
Allentown-Central
Taxes
$1,213
Tax Frequency
Annually
Garage
No
View
No
County
Lehigh
Water Source
Public
Pool
No
Zoning
B1/R
Courtesy of Spade Property Management Inc. with Nick Spade,
Listing Contact:
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Data last updated 11/4/2024