936 Jackson Street
Allentown City, PA 18102
- 3 beds
- 2 baths
- 1,152 sqft
- 2,091 sqft lot
- $138 per sqft
- 1880 build
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MULTIPLE OFFERS RECEIVED...Highest and Best by 6:00 Friday. Investors, listen up! Here's your chance to snag an incredible deal at 936 Jackson St in Allentown. This end-of-row single-family home boasts an outstandingly high cap rate for the area, making it a top-tier investment opportunity. Featuring three bedrooms and two bathrooms, this property is tailor-made for rental success. Currently rented with subsidized rent through Valley Youth Lease running until March 31, 2025, you can step into a lucrative income stream from day one. Plus, tenants handle all utilities, while you take care of insurance, trash, and taxes—keeping your investment hassle-free. With a hefty gross rental income of $19,200 and manageable expenses totaling just $3,362, you're looking at an impressive annual net income of $15,788. That's a remarkable cap rate of approximately 10.53%! Don't let this golden opportunity slip away. Secure consistent returns and expand your investment portfolio in Allentown—ACT NOW!
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Last updated Oct 27, 2024
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MLS# 736970 —
The Building
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Year Built:1880
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Construction:Frame
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Stories:2.5
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SqFt:1,152 Sqft
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SqFt Source:Tax Records
Location
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Area:Allentown-Central
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:Row-End Unit
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Zoning Code:R-H-HIGH DENSITY RESIDENTIAL
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Lot SqFt:2091
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Features:Balcony
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Acres:0.048
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$1,947.48
Beds
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Bedrooms:3
Baths
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Baths:2
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Full Baths:2
Heating & Cooling
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Heat:No
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Cooling:Central AC
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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Adult Comm 55 & Over:1
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:2
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Garage:Off Street, Parking Pad
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
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 |
|---|---|---|---|---|
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5/10/24
May 10, 2024
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Sold | GLVR | $160,100 | 6.7% |
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5/5/24
May 5, 2024
|
Listed / Active | GLVR | $150,000 |
