INVESTORS ONLY - Gross Income: $30,600 Net Income: $20,600 Cap Rate: 6.87% @ Asking and includes a BUILDABLE LOT to expand the investment. This is a 2 family home (3008 sq feet) with masonry construction and includes a 3 car garage plus an extra lot to build at the rear of the property. Upgrades include: *new electric, *new forced hot air heat, and *new updated and renovated kitchens. Each side has 6 rooms, 3 bedrooms, and 1 bath. 2 blocks from Main St. Good condition. No repairs required. Unit 808 pays 1250 in rent and has shared use of the garage and also has a first floor half bath. Unit 806 pays 1300 per month rent has a modern kitchen with oak cabinets. The extra piece of land is on the tax records or viewable through google maps.
Listing provided by CENTURY 21 Keim - Allentown
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