633 Carldon Street, Allentown City PA 18103 Photo 1

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633 Carldon Street - INVESTORS ONLY - Turnkey - $21,960 Gross Income - $14,243 - Net Income, 9.495% HARD CAP RATE with management and maintenance included at $1000/year. **South Side 2 unit** 2 unit detached home with 1 car attached garage in South Allentown. Currently, both units are rented for $945 & $885 Tenants pay all utilities. Each unit offers 2 bedrooms, large eat-in kitchen, living room, and full bath. Unit 1 has access to the attached garage. Plenty of on-street parking. Close easy commute to major Rts, shopping and more. Could be converted to a 5 bedroom single family residence or keep fully leased. Easy commuting to major Rts 22, 33 & 78 for easy access to NY/NJ. Both units are back to back, providing plenty of privacy. Unit facing Carldon has it's own garage. Showings only granted if a verifiable bank statement with contact information is provided or a pre-approval by a reputable local company, buyer must also provide BFP. Cash or Conventional only. SOLD AS IS, WHERE IS with NO WARRANTIES.

Listing information

  • MLS® ID: 602396
  • Year Built: 1950
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $4,017
  • Property ID: 104183859
  • Beds: 4
  • Stories: 1
  • Total Square Footage: 2,120 ($70.75 per sq. foot)
  • County: Lehigh
  • Style: Multi-Family
  • Baths: 2 (Full: 2 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.12 Acres
  • School District: Allentown

Features

Area Allentown-South
Construction Stucco, Brick
Cooling No Air, Ceiling Fan
Features Wall-to-Wall Carpet, Storm Windows, Storm Doors, Patio, No Disclosure
Other ZoningCode - R-M-Medium Density Residential, WaterSewer - 1000, OtherExpenses - 0, OperatingExpense - 500, NetIncome - 14243, Heat - 0, GrossIncome - 21960, Gas - 0, Electric - 0
Parking Unpaved Lot, Garage
PropertySubTypeCategory Detached, Apartment Style
Sewer Public
SpecialConditions Not Applicable
Water Public
Listed by Melissa Sterner of Berkshire Hathaway HomeServices Regency Real Estate 610-432-5252