122.5 N Franklin St Allentown, PA 18102
Multi-Family Home
MLS #: 745870
Listed By CENTURY 21 Pinnacle
$250,000
4 beds
|
2 baths
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Estimated monthly payments:
$1,093/mo.* (recalculate)
Property InformationDescription
Fantastic Allentown 2 unit near West Park - - **Property Type**: 2-unit building in Allentown. - **Rental Income**: Gross income of $29,856 and net income of $20,243. - **Recently renovated 3-bedroom unit in excellent move-in condition and 1 bed 1 bath unit has had cosmetic upgrades in the last 2 years as well. - **Interior Features**: - Ceramic tiled kitchen and bathroom. - Spacious rooms with replacement windows. - Laminate floors for durability. - **Utilities**: Separate gas, forced air heating systems. - **Outdoor Features**: Private, fenced backyard. - **Roof**: Newer rubber roof. - **Investment Metrics**: - Cap rate over 8%. - Debt coverage ratio (DCR) over 1.35%. Perfect turn key 2 unit with cashflow or a great "House Hack" opportunity to live in one unit and hedge out your mortgage with the rental income on the other unit. Do not wait on this property.
Features
- Age: Over 50 Years Old
- Sewer: Public
- Style: Other Style
- Water: City Water
MAP & DIRECTIONS
School Information
122.5 N Franklin St, Allentown, PA 18102
Elementary School
Grades 1-5 |
Public School
MCKINLEY ELEMENTARY SCHOOL
Allentown, PA 18102
1124 W Turner St
484.765.5461
Distance: 0.4 mi
Elementary School
Grades PK-5 |
Public School
LINCOLN EARLY CHILDHOOD CENTER
Allentown, PA 18102
Distance: 0.9 mi
Middle School
Grades 6-8 |
Public School
FRANCIS D. RAUB MIDDLE SCHOOL
Allentown, PA 18104
102 S Saint Cloud St
484.765.5301
Distance: 0.5 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
970
High School
Grades 9-12 |
Public School
WILLIAM ALLEN HIGH SCHOOL
Allentown, PA 18104
106 N 17th St
484.765.5001
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
2650
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Brigadier General Anna Mae Hays Elementary School | 0.4 mi | Public | KG-5 | |
| St John Vianney Regional School | 0.4 mi | Private | PK-8 | |
| Jackson Early Childhood Center | 0.4 mi | Public | KG | |
| St John Vianney Regional School | 0.4 mi | Private | PK-8 | |
| Ramos Elementary School | 0.4 mi | Public | KG-5 | C- |
| Union Terrace Elementary School | 0.6 mi | Public | KG-5 | C- |
| Cleveland Elementary School | 0.7 mi | Public | 1-5 | |
| Central Elementary School | 0.7 mi | Public | 1-5 | C+ |
| Grace Montessori School | 0.7 mi | Private | PK-6 | |
| Trexler Middle School | 0.8 mi | Public | 6-8 | C- |
| Cai Learning Academy | 0.8 mi | Private | KG-5 | |
| Arts Academy Elementary Charter School | 1.0 mi | Public | KG-5 | D+ |
| Muhlenberg Elementary School | 1.0 mi | Public | KG-5 | B- |
| Washington Elementary School | 1.0 mi | Public | 1-5 | C |
| Building 21 Allentown | 1.1 mi | Public | 9-12 | D- |
| Jefferson Elementary School | 1.2 mi | Public | PK-5 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Allentown, PA 18102
| Median Age: | 29.7 |
|---|---|
| Married: | 24% |
| Number of Households: | 17,702 |
| Households with Children: | 43.7% |
Allentown, PA 18102
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
