Golf Course
201 South Madison Street Allentown, PA
$ 160,000
Property Attributes
  • MLS#654127
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-South
  • NeighborhoodNot in Development
  • Zip18102
  • StyleApartment Style,Row-End Unit
  • Year Built1914
  • Taxes2940
  • Price$ 160,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2344
  • Lot Size1,830 SqFt
Listing Provided Courtesy Of:
EXP Realty LLC
Property Description

COVID PROOF w/ consistent payments - $20,700 GROSS, $16,030 NET, ABOVE 10% CAP @ ASKING. Preparing for this sale, ownership recently updated this 3 story, 2-UNIT, BRICK exterior multi-family home w/ updated kitchens, *NEW* high-efficiency, split gas, boiler & cooling system. ALL SEPARATE UTILITIES. Modern bathrooms, bright, natural lighting & spacious apartments make this a very desirable MULTI. Tenants pay all utilities & rents are below market. The over-sized 3BR & 1 BR apartments are clean & inviting. A large WALKOUT basement can be used for storage, extra space for a tenant. All the essential amenities are located within 1-mile radius. 123 restaurants within 5 mile radius. 1.1 miles away from Little Lehigh Parkway & 2.7 miles from Allentown Municipal Golf Course. This property is offered individually or can be purchased along w/ the other 9 units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.

Price History
11/19/2020 Listed $160,000

General Features

Construction Brick
Cooling Wall AC
County Lehigh
Electric 360
Parking Off Site
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 520


  • 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 18102

AVG $310K
AVG $4,254
AVG 27
Year Built
AVG 1900

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