827 West Washington St

$41250K gross rents $32400 projected Net income. 3-unit multifamily plus garage rental.1 tenant being evicted and then income will hit the projections! SO offered at a 10% cap with 8% Property management included and a CLEAR CO (certificate of occupancy). This is located in the heart of Allentown with amazing curb appeal with recent improvements including NEW flooring in some units, some updated electric, roof repairs, and a few units have newer cabinets. All units are currently rented below market rent. The property is in between a church, daycare, park, and Washington Elementary School. Also, a 10-minute walk to center city Allentown, next to new construction luxury apartments, and a couple of blocks from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and more. Take this property and you can even get better rents as you turn tenants and do cosmetics in the units. You need to do NOTHING now! Just buy and keep the already in place management!