511 Park Street
511 Park Street
$235,000
6
2
2,088
2,088
$113
Under Agreement
Description
Attention investors! Here's an incredible opportunity to add this 2 unit to your portfolio in Allentown. This investment property is currently rented until 2025 and is bringing in $2,506 per month in rental income. With tenants responsible for all utilities and expenses totaling $4,834, the property nets an impressive $25,735 annually. Priced competitively at $235,000, this investment offers a lucrative return. Take advantage of this chance to secure a reliable income stream with minimal hassle.Attention investors! Here's an incredible opportunity to add this 2 unit to your portfolio in Allentown. This investment property is currently rented until 2025 and is bringing in $2,506 per month in rental income. With tenants responsible for all utilities and expenses totaling $4,834, the property nets an impressive $25,735 annually. Priced competitively at $235,000, this investment offers a lucrative return. Take advantage of this chance to secure a reliable income stream with minimal hassle.
- Listed by Jennifer L. DeJesus • Steel City Realty
Property Details for 511 Park Street
Area
Allentown-Central
Sub divisionNot in Development
Location
LISTING UPDATED: 04/23/2024 08:35 AM
Property Details for 511 Park Street
Status | Under Agreement |
---|---|
MLS # | 735993 |
Days on Market | 8 |
Taxes | $2,190 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Row-End Unit |
Year Built | 1891 |
Lot Size | 0.04 AC / 1,760 SF |
County | Lehigh County |
Location
Building Information for 511 Park Street
Stories2Residences2Year Built1891Building Size-Lot Size0.04 AC / 1,760 SF
Payment Calculator
$1,465 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 511 Park Street
Property History for 511 Park Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 511 Park Street
Taxable ValueLand$5,300Additions$68,500Total$73,800
Tax Record2024$2,380 ($198 / month)
Home Facts
Baths2Total Finished SqFt2,088 SqFtAbove Grade Finished SqFt2,088 SqFtStories3Lot Size1,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1891ZoningR-MHCountyLEHIGHAPN640703314727-1
Schools near 511 Park Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cleveland El School Public1 to 5 | ||
Francis D Raub Middle School Public6 to 8 | ||
William Allen High School Public9 to 12 | ||
Building 21 Allentown Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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