542 W Walnut St
Allentown, PA 18101

$329,999

Listing ID: 5996399
Great investment opportunity! All 5 units are fully rented, All units are large one bedrooms. Owner pays, Taxes, Insurance, hallway electric and water. Convenient location, right by Hamilton, shopping, post office, courts, owner pays water taxes and insurance. This building has granite entrance, which was recently done, All units have hardwood floors, ceramic tiles in the kitchens and bathrooms and all new windows. This is a m see, See this fantastic opportunity to make money. Rents: 600+625+575+625+605= 3,030 a month, 36,360 a year, Electricity is 53 a month, 636 a year, Insurance for the year is 1800, Water/sewer/trash is 80 a month, 960 a year, Taxes are 4,568.34 per year, Gross income 36,360, minus insurance 1800, minus electricity 636, minus water/sewer/trash 960, minus taxes 4,568.34, equals the Net Income 28,395.66
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Property Details
Listing ID: 5996399
Style: Unknown
Year Built: 1895
Status: Active
Stories: 0
New Construction: No
Lot Information
Lot Size: 30X150
Financial Considerations
Estimated Annual Taxes: $6,753
Locale
County: Lehigh
School District: Allentown
Photo Tour
Features
Basement
Yes
Basement Type
Full Basement Unfinished Basement
Design
Apartment Building
Electric Service
200-300 Amps
Entrance
KeyedEntr SecuredEntr
Exterior
Brick
Exterior Features
Sidewalks Street Lights
Floor
Marble Flooring Tile/Brick Flooring
Wood Flooring
Foundation
Concrete
Garage Spaces
No Garage
Heating
Gas Hot Water
Radiator
Hot Water
Natural Gas
Interior Features
Replacement Windows
Laundry Type
No Laundry
Other
Building Floors - 3.0 Land Square Feet - 4500.0
Land Use Code - 1143 Lot Number - 001
One Bedroom Units - 5 Total Units - 5
Unit 1 Baths - 1 Unit 1 Bedrooms - 1
Unit 1 Lease End - One Year Unit 1 Monthly Rent - 600.0
Unit 2 Baths - 1 Unit 2 Bedrooms - 1
Unit 2 Lease End - One Year Unit 2 Monthly Rent - 625.0
Unit 3 Baths - 1 Unit 3 Bedrooms - 1
Unit 3 Lease End - One Year Unit 3 Monthly Rent - 575.0
Unit 4 Baths - 1 Unit 4 Bedrooms - 1
Unit 4 Lease End - One Year Unit 4 Monthly Rent - 605.0
Unit 5 Baths - 1 Unit 5 Bedrooms - 1
Unit 5 Lease End - One Year Unit 5 Monthly Rent - 625.0
Parking
Permit Required Street Parking
Roof
Flat Roof
Sewer Septic
Public Sewer
Water
Public
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Maple Glen, PA 19002
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Property Information Last Updated: 5/18/2012 at 10:11 AM.

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