1406 South Jefferson Street
Allentown City, PA 18103
- 3 beds
- 1.5 baths
- 1,144 sqft
- 5,558 sqft lot
- $200 per sqft
- 1944 build
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Introducing an exceptional investment opportunity in Allentown! This three-bedroom single-family home at 1406 S Jefferson St, currently leased until 10/31/24 with tenants in place since 10/2022, offers a remarkable gross income of $22,992 and a substantial net income of $19,346.68. With tenants covering all utilities and the owner handling taxes, insurance, and trash removal, this property is hassle-free. Additionally, the well-maintained, fenced yard and parking space for up to three cars in the driveway enhance its appeal. Priced competitively at $230,000, this property boasts an attractive cap rate of approximately 8.41%, ensuring a solid return on your investment. Don't miss out on this golden opportunity to diversify your portfolio with a property that combines reliable income and great features. Contact us today, and secure your investment in this Allentown gem!
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Last updated Nov 17, 2024
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MLS# 731031 —
The Building
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Year Built:1944
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Construction:Brick
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Stories:2.0
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SqFt:1,144 Sqft
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SqFt Source:Tax Records
Location
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Area:Allentown-West
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Semi Detached/Twin
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Zoning Code:R-M-MEDIUM DENSITY RESIDENTIAL
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Lot Size Source:Tax Records
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Lot SqFt:5558
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Acres:0.128
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$3,637.32
Beds
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Bedrooms:3
Baths
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Baths:2
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Full Baths:1
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Half Baths:1
Heating & Cooling
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Heat:No
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:No
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Sewer:Public
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Gas:No
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Electric:No
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:3
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Garage:Driveway Parking, Off Street
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/29/24
Feb 29, 2024
|
GLVR | $229,000 | -0.4% | |
|
1/26/24
Jan 26, 2024
|
GLVR | |||
|
1/25/24
Jan 25, 2024
|
Listed / Active | GLVR | $230,000 |
