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18102 (Allentown, PA)

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MLS# 453991
Approved Townhome Subdivision - This is a great opportunity to own an approved 17 townhome subdivision. The site has all City of Allentown approvals in place (with exception to final building permits to the best of seller's knowledge). Plan available on request. Build out the townhomes and sell or build them as rentals. Site improvements are estimated at $180,000 (although any buyer should have their own estimates done), leading to a potential profit on resale of townhomes of $700,000 or more. As a rental, 17 units estimated at $1100 per month rent would bring in a Gross Income of $224,400 per year. Buyer is to be responsible for NPDES.
Lot Size: 2-5 Acres, 2.66 Acres
Style: Other Style

18102 (Allentown, PA) Real Estate & Homes for Sale - 1 Listing Found

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