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623 N Lumber St, Allentown, PA 18102

$225,000

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List Price: $225,000
Days on Market: 2
Status: ACTIVE
MLS#: PALH2017326
Lot Size (Acres): 0.04
Style: Other
Year Built: 1878
County: Lehigh
School District: Allentown

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Property Description

Turnkey 2-unit with low taxes! 623 N Lumber features two 1-bedroom, 1-bathroom units generating a combined $2,300 per month in rental income with yearly leases. The property offers a fenced backyard and an oversized garage providing valuable off-street parking. The upstairs unit has been recently upgraded and includes a laundry hookup and a large 3rd floor bonus space. The city inspection has been paid for and is awaiting scheduling. All municipal repairs required will be the buyer's responsibility. Property is being sold strictly as-is. A great opportunity to add to your rental portfolio in an established Allentown location!

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Additional Information

Area: Allentown City (12302)
Subdivision: Lehigh
School District: Allentown
Garage Spaces: 1
Heating: Baseboard
Cooling: None
Water: Public
Sewer: Public Sewer