204 N 9th Street
Property Description
Income-producing 3-unit multifamily property located at 204 N 9th St in Allentown, ideal for both investors and owner-occupants. The property features two occupied units and one vacant unit, offering immediate cash flow with additional upside. Current and projected rents are strong, with Unit 1 at $1,400, Unit 2 at $1,500, and Unit 3 at $950, generating a total potential gross annual income of $46,200. This setup provides the perfect opportunity for an owner-occupant to live in one unit while offsetting expenses with rental income, or for an investor to fully lease and maximize returns. Disclosure: Property owner is a licensed real estate agent. Located near downtown Allentown with convenient access to shopping, dining, and major transportation routes, the property remains highly attractive to tenants. With solid rental demand in the area and room to optimize performance, this asset offers both stable cash flow and long-term appreciation potential. Don't miss this opportunity to acquire a versatile multifamily property in a growing market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $455,000 |
| No. of Units: | 3 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Price per unit: | $151,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-LVARPA-773869
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