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  • Office 7176953177
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814-820 N Saint Lucas St, ALLENTOWN, PA – $599,000

  • $599k Price
  • 5,508 Sqft
  • .22 Acres
  • 91 DOM
  • $599k Price
  • 5,508 Sqft
  • .22 Acres
  • 91 DOM

814-820 N Saint Lucas St

Well maintained four (4) unit apartment building (fully occupied) located in Allentown's West End. Property is being sold "As Is". Gross annual income is $52,910. Two are first-floor units and two are 2nd-floor units. Each tenant has a covered parking pad for 1 vehicle at the rear of the property. Heat is forced hot air - gas. Central air in each unit. Heating units are under a service contract with UGI. Laundry located within each apartment. Second-floor units have a balcony with tile flooring and canvas awning. Landlord pays water, sewer, and trash. Tenants history ranges from 2 to 15 years of continuous occupancy at this location. One individual storage unit in the basement for each tenant. Easily increase rents to $1,250 each to raise the gross to $60,000 and supercharge Net Income to $42,500 equalling a 7% Projected CAP. Overall condition "Very Good"

Essential Information

  • MLS® #PALH113220
  • Price$599,000
  • Bathrooms0.00
  • Square Footage5,508
  • Acres0.22
  • Year Built1961
  • TypeMulti-Family
  • Sub-TypeDetached, Quad
  • StyleColonial
  • StatusActive

Community Information

  • Address814-820 N Saint Lucas St
  • AreaAllentown City (12302)
  • CityALLENTOWN
  • CountyLEHIGH-PA
  • StatePA
  • Zip Code18104

Interior

  • HeatingForced Air
  • CoolingCentral A/C
  • Has BasementYes
  • BasementFull
  • # of Stories2

Appliances

Washer, Dryer, Microwave, Refrigerator, Oven/Range-Gas

Exterior

  • ExteriorBrick and Siding

School Information

  • DistrictALLENTOWN

Additional Information

  • Date ListedJanuary 8th, 2020
  • Days on Market91
  • ZoningR-L

Listing Details

  • Listing AgentLoren Keim
  • Listing OfficeC-21 Keim Realtors
  • Listing Office Phone6103950393
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