1042 Lehigh

Allentown City, PA 18103
Beds
3
Baths
2
Square Ft.
1,264
$310,000
Two-unit income property in South Allentown offering multiple revenue streams and strong return potential. Projected gross annual income of $31,800 from two residential units and two rented garage bays. First-floor one-bedroom, one-bath unit with in-unit laundry is currently vacant, giving flexibility for an owner-occupant or immediate tenant placement at marketRead MoreRead Less
Courtesy of Real Estate of America Bobby R. Howell 610-351-7900
Listing Snapshot
Days Online
19
Last Updated
Property Type
Apartment
Beds
3
Full Baths
2
Square Ft.
1,264
Lot Size
0.08 Acres
Year Built
1890
MLS Number
762710
30 Days Snapshot Of 18103
$392k
+17%
(avg) sold price
29
+38%
homes sold
55
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Brick, Built in 1890, 2 stories, 2 stories total, Living area: 1264, 2 total units
Cooling
WallWindowUnits
Doors
StormDoors
Expenses
Electric expense: $1,200, Fuel expense: $900, Gardener expense: $500, Insurance expense: $1,500, Maintenance tenance expense: $1,590, Operating expense: $13,834, Other expense: $300, Professional management expense: 2544, Trash expense: $600, Water sewer expense: $1,200
Floors
Carpet
Water Features
Water source: Public
Heating
Gas
Income
Gross income: $31,800, Net operating income: $17,966
Laundry
WasherHookup
Lot
0.08 size acres, 3,485 size sqft, Size area: 3485, Size units: SquareFeet
Parking
Total: 1, Detached, Garage, OffStreet, ParkingPad, OnStreet
Property
Property subtype additional: Apartment, Property subtype: Apartment, Property type: ResidentialIncome, Zoning: B-3-Highway Business
Security Features
FireEscape
Sewer
PublicSewer
Taxes
Tax assessed value: 88400
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Mike Smutz
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