Price Reduction
Address
751 Union Boulevard Allentown, PA
Price
$ 868,888
Property Attributes
  • MLS#649309
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-East
  • NeighborhoodNot in Development
  • Zip18109
  • StyleComplex,Mixed Use
  • Year Built1940
  • Taxes10451
  • Price$ 868,888
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3912
  • Lot Size10,716 SqFt
Listing Provided Courtesy Of:
EXP Realty LLC
Property Description

ACTUAL $75,480 Gross Income, $61,100 Net Income,7.1 CAP @ 868888K ASK This is a 3 unit, CLASS A, TOTALLY RENOVATED, FULLY OCCUPIED, ALLENTOWN offering.VALUE ADD, BRAND NEW LEASES, Commercial lease is 5 years (originally above 4K, but reduced to 3700 for COVID), residential leases are 1 year+. CASH OFFER PREFERRED, AS-IS, Where IS, BUYER MUST present verifiable bank statement or POF for access to DUE DILIGENCE VAULT including, leases, rent rolls, full property inspection report by reputable company. Willing to accept offers contingent upon access. RESTAURANT IS OPEN and performing very very well! SEE VIRTUAL TOUR, INSPECTION REPORT, RENOVATIONS LIST, Leases, etc. when qualified by owner for access. Rents can go up as business is flourishing and apartments are awesome

Price History
9/25/2020 Listed $900,000
11/15/2020 4% - $868,888

General Features

Construction Brick
Cooling Central AC
County Lehigh
Electric 1080
Parking Paved Lot
Parking Spaces 14
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 750
Zoning Code B-3-HIGHWAY BUSINESS

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 18109

Price
AVG $930K
$870K
Taxes
AVG $8,395
$10,451
Visits
AVG 61
119
Year Built
AVG 1933
1940
Walkscore
AVG 65
71
Data Provided by Walkscore ® not using MLS data

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