621 N Sherman Street Allentown, PA 18109
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Kal Zahran

  621 N Sherman Street Allentown, PA 18109

Pending (18 Days)
$299,900

Description

This 2-unit investment property is in a highly sought-after prime location. Taxes under $3400! This property is a cash cow and has so much potential for additional income. Laundry room with separate entrance, huge backyard with plenty of space for off street parking, fully finished basement with a full bath and separate entrance. Apartment 2 is a 2-bedroom apartment that was renovated in 2022 and is currently rented for $1,430 a month with room for increase. Apartment 1 is a 2-bedroom, fully renovated (2024) and comes with a fully finished basement with a full bath, huge living room and 2 additional rooms. The basement could be accessed through the first-floor apartment or through its own separate entrance. Large, covered rear patio and large flat backyard. Off street parking in the back and there is a separate laundry room in the rear of the house with its own separate entrance. Projected rent for the first-floor apartment is $1,900. Apartment 1 has been left vacant for a potential owner occupied but could rent out immediately. If you’re looking for an investment property, this one is a no-brainer…. If you’re looking to live in one unit and rent out the other…. also, a no-brainer as the first-floor apartment has so much to offer with so much space, 2 full baths, one on the first floor and another in the fully finished basement. Don’t miss out on this one! Apt. 2 photos taken in 2022 before current tenant moved in. Showings start 8/31. One of the owners is a licensed Realtor.

MLS #:
PALH2009714
Taxes
$3,372(2022)
Lot Size
4,800 SQFT
Type
Multifamily
Year Built
1905
Style
Other
School District
Allentown
County
Lehigh County

Listed By

Kal Zahran, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Sep 16 2024 at 7:28 PM GMT+0000
Bathroom Details
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard - Electric
  • None
Exterior Features
  • Aluminum Siding
  • Vinyl Siding
Utility Information
  • Sewer: No Septic System
  • Fuel: Electric
Living Area
  • 2,148 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/16/24 12:28