105 South Jerome Street
Allentown City, PA 18109-2227

$1,025,000

MLS ID: 415257
Two low rise apartment buildings near Airport Road with easy access to Rts. 22 & 33 to north and Rts. 309 and I78 to south. BUILDING #1 - 8 one bedrooms, BUILDING #2 - 8 two bedrooms, with parking lot in between them. Apartments have a low turnover rate, are well managed, and have been well maintained. This is an investment which does not need work on day one. See the attachments for more information. The views of the Valley from this location are spectacular!
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Property Details
MLS ID: 415257
Style: Apartment
Year Built: 1972
Status: Sold on 12/1/2011
Stories: 2
Parking Type Description: Surface / Paved 16 cars
New Construction: No
Foreclosure: No
Sq. Footage
Total Square Footage: 1,264 ($810.92 per sq. foot)
Financial Considerations
Estimated Annual Taxes: $18,830
Locale
County: Lehigh
School District: Allentown
Subdivision: Not in Development
Photo Tour
Features
Area
Allentown East
Construction
Aluminum Brick
Cooling
Wall Ac
Features
Balcony Central Laundry
Wall To Wall Carpet
Other
Electric - 1874 Gross Income - 132220
Net Income - 91956 Operating Expense - 40264
Water/Sewer - 2484 Zoning Code - R-mi
Parking
Paved Lot
Property Category
Apartment Style
Sewer
Public
Special Sale Conditions
Not Applicable
Water
Public
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Prudential Regency Real Estate
811 North 19th Street
Allentown, PA 18104
Main: 610-432-5252
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Property Information Last Updated: 5/22/2012 at 8:43 PM.

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