Donald Wenzel - Coldwell Banker Hearthside
Allentown St
Allentown City, PA 18102

Description

ARE YOU LOOKING FOR A RESTAURANT BUSINESS TO OWN AND OPERATE? NAME NOT INCLUDED! FABULOUS THREE (3) UNIT INVESTMENT PROPERTY WITH 10% CAP RATE! 1ST FLOOR PROSPEROUS RESTAURANT BUSINESS & EQUIPMENT ($1500.00/MONTH) IS INCLUDED IN SALE PRICE; ALSO INCLUDED TO OFFSET YOUR COSTS ARE TWO (2) 3 BEDROOM UNITS ($800.00/MONTH & $900.00/MONTH); INCOME IS STRUCTURED WITH RESTAURANT PAYING TAXES, INSURANCE, GAS HEAT, ELECTRIC, WATER & SEWER, TRASH, SNOW REMOVAL, MAINTENANCE & REPAIRS, AND ALL UTILITIES! TENANTS PAY THEIR OWN SEPARATELY METERED APARTMENT ELECTRIC & GAS COOKING! PLEASE BE DISCREET WHEN EATING AT OR INSPECTING RESTAURANT!

Details

MLS#587866
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site105

Features

Story(s)0
Units3
ZoningRMH

Additional Information

County Taxes357.81
Municiple Taxes468.05
School Taxes1939.37
Total Taxes2765.23

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Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18102
AreaAllentown-Central
Listing VS Median (in 18102)
Price:
$349,900
low | high
Med:
$74,900
100% of Average
On Site:
105
low | high
Med:
196
53.571428571429% of Average
Listing Updated: 12/09/2018
MLS Number: 587866
Listing Provided By:
George E. Raad  of  Harvey Z Raad Real Estate