Turnkey 2-unit with low taxes! 623 N Lumber features two 1-bedroom, 1-bathroom units generating a combined $2,300 per month in rental income with yearly leases. The property offers a fenced backyard and an oversized garage providing valuable off-street parking. The upstairs unit has been recently upgraded and includes a laundry hookup and a large 3rd floor bonus space. The city inspection has been paid for and is awaiting scheduling. All municipal repairs required will be the buyer's responsibility. Property is being sold strictly as-is. A great opportunity to add to your rental portfolio in an established Allentown location!
| MLS # | PALH2017326 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1878 |
| Days On Site | 7 |
| Listing Provided By | KW Empower | Alison Simon |
| SQ Feet | 1,283 |
|---|---|
| Garage | 1 |
| Units | 2 |
| Zoning | R-MH |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Hot Water |
| Construction Materials | Vinyl Siding |
|---|---|
| Foundation Details | Stone |
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 1381 |
|---|
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| Community Name | LEHIGH |
| School District | ALLENTOWN |
| Listing VS Median (in LEHIGH) | |
Price: $225,000 low | high Med: $185,000 sqft: 1,283 low | high Med: 1,401 $ / sqft: $175 low | high Med: $135 On site: 7 low | high Med: 7 | |
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| Community Name | LEHIGH |
| School District | ALLENTOWN |
| Listing VS Median (in LEHIGH) | |
Price: $225,000 low | high Med: $185,000 sqft: 1,283 low | high Med: 1,401 $ / sqft: $175 low | high Med: $135 On site: 7 low | high Med: 7 | |