441 North Hall Street Allentown City, PA 18102
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Spade Property Management Inc.

  441 North Hall Street Allentown City, PA 18102

Active (2 Days)
$149,000
2
BED
1
BATH
1,022
SQFT

Description

Attention investors! This Allentown row home is a prime opportunity with all the big-ticket updates already done, making it an easy addition to your portfolio. With a rental potential of approximately $1,695/month, this property is positioned to be a reliable cash flow generator. Tax and insurance for this property are only $145 per month, and budgeting for 5% vacancy and $1000 per year in maintenance, the NOI on this is $16,526 per year - an 11% CAP RATE! Delivered vacant and ready for new tenant!

Key renovations include a new roof (2024), an updated electrical system, a modern kitchen featuring granite countertops, soft-close cabinets, and durable vinyl flooring on the main level. The second and third floors have brand new carpet, and the entire home is freshly painted.

Additional upgrades include new front and rear doors and a newer oil boiler, making it move-in ready and efficient through the colder months. The private backyard offers valuable outdoor space for tenants – a rare perk in city living!

Whether you’re a first-time investor or looking to expand your portfolio, this property offers low-maintenance appeal with solid rental returns. Don’t miss out on this cash-flowing asset!

MLS #:
748010
Lot Size
1,529 SQFT
Type
Townhouse
Year Built
1880
School District
Allentown
County
Lehigh County

Listed By

Nick Spade, Spade Property Management Inc.
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Nov 7 2024 at 2:47 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Subdivision
  • Not In Development
Heating and Cooling
  • 0
  • No Air
Utility Information
  • Sewer: Public
Garage
  • On Street
Stories
  • 2.5
Living Area
  • 1,022 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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