444 Hanover AVE, Allentown City, PA 18109
444 Hanover AVE, Allentown City, PA 18109
444 Hanover AVE, Allentown City, PA 18109
444 Hanover AVE, Allentown City, PA 18109
444 Hanover AVE, Allentown City, PA 18109
444 Hanover AVE, Allentown City, PA 18109
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$ 299,900
Est. payment | /mo

4 Beds

2 Baths

1,812 SqFt


Save
$ 299,900
Est. payment | /mo
Save

4 Beds

2 Baths

1,812 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,812 sqft

Price per Sqft $165

Subdivision Not In Development

MLS Listing ID 786406

Bedrooms 4

Full Baths 2

Construction Status Unknown

HOA Y/N No

Year Built 1915

Annual Tax Amount $3,122

Lot Size 1,916 Sqft

Acres 0.044

Property Sub-Type Apartment

Property Description

Excellent East Allentown opportunity to own an income-producing two-unit property at 444 Hanover Avenue! 7.5% Pro Forma CAP rate. Conveniently located near shopping, dining, and major roadways, this property offers immediate rental income with additional upside potential. Unit 1 is currently rented at $1,200/month, while vacant Unit 2 offers projected rental income of $1,600/month. The garage generates an additional $150/month, bringing total projected gross rental income to $2,950/month or $35,400 annually. Tenants are responsible for heat and electric, helping minimize operating expenses. This property presents an attractive opportunity for investors looking to expand their portfolio. Property is being sold strictly as-is. Schedule your showing today!

Location

State PA

County Lehigh

Area Allentown-East

Direction Take Hamilton Street East, continue onto Hanover Avenue, Property is on the Right.

Interior

Heating Baseboard, Electric

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Water Access Desc Public

Total Parking Spaces 1

Garage Yes

Building

Story 3

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 640774533298 001

Special Listing Condition None

Listed by Lehigh Valley 4 Rent LLC

Nearby Locations

Jennifer Kane

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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444 Hanover AVE