Motivated Seller! Last 8 (2 4 unit) lots available and ready to build in the Reserve at Trout Creek. Build to what suites your needs for resale and/or lease for future profit. Water and Sewer located in the front, utilities ready and curbs in. This private gated community is tucked away off of Mack Blvd in a quiet neighborhood. Perfect location for commuters; close to entertainment, shopping and dining. Bring your offer today! Market's been hot in the price range for resale value on these townhomes.
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.