6TH ALLENTOWN, PA 18102

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Fully occupied with long-term leases, this 5 residential unit property, with garage rental for additional income, is a solid investment. The first and second floors have a total of 4 units, two on each level, and each has their own kitchen and living space. The tenants maintain the common bathrooms, one on each floor. The 3rd floor unit has its own private bathroom. This well-maintained property in the heart of Allentown is an investment opportunity. Current leases specify landlord covered utilities and ratio-billing, or chargebacks offset owner expenses. Updated electric, plumbing, windows and hard-wired smoke detectors throughout. Owner also selling MLS 736560. Seller Financing options available, please see Agent Remarks for details.