318 N 7TH STREET

ALLENTOWN, PA 18102
$425,000
Well-located three-unit multifamily asset generating $43,681 in gross income and $38,915 in net income. The property consists of a standalone single-family residence at 318 and a separate two-unit building at 320, providing clear operational separation. The unit mix includes two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units are fullyRead MoreRead Less
Courtesy of james J Reardon, eXp Commercial 888-397-7352
Listing Snapshot
Days Online
13
Last Updated
Property Type
Townhouse
Lot Size
0.06 Acres
Year Built
1890
MLS Number
PALH2014396
Property Location Map
Additional Details
Basement
Full
Building
Built in 1890, Construction Materials: Brick
Cooling
None
Accessibility Features
2+ Access Exits
Expenses
Insurance: $1,338, Maintenance: $500, Operating: $4,766
Foundation
Stone
Heating
Baseboard - Hot Water
Income
Gross Income: $44,241, Net Operating Income: $39,575, Apartment Rentals
Lot
0.06 acres, Dimensions: 30.00 x 85.00
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $2,425, Lot: 016, Year: 2025, Zoning: B1/R
Utilities
Water Source: Public
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Eric Leadbetter
Broker Owner / Team Leader
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