Turnkey investment opportunity! This three-bedroom, one-bathroom twin home features a long-term, stable tenant already in place, making it an ideal addition to any rental portfolio. The property arrives with a clear Certificate of Occupancy from the City of Allentown and is ready to generate immediate cash flow. Located at 1243 Russell Street, this property includes one off-street parking spot, electric heat, public water and sewer, and gas, cooking, and laundry hookups in the basement. Tenant pays all utilities except trash (billed with taxes), and the area offers low property taxes. Perfect for investors seeking a passive income property with minimal landlord involvement and zero turnover or renovation costs. Showing times are currently available Saturday, Sunday, and Wednesday- reach out to your agent to schedule!
| MLS # | 783420 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1903 |
| Days On Site | 39 |
| Listing Provided By | Light House Realty LV LLC | Christine A. Stefchak |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,066 |
| Story(s) | 2 |
| Units | 1 |
| Zoning | R-MH |
| Acreage | 0.02 |
| Tax Annual Amount | 1755 |
|---|
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Community Name | West End Improvement Co |
| Listing VS Median (in West End Improvement Co) | |
Price: $159,000 low | high Med: $159,000 sqft: 1,066 low | high Med: 1,066 $ / sqft: $149 low | high Med: $149 On site: 39 low | high Med: 39 | |
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Community Name | West End Improvement Co |
| Listing VS Median (in West End Improvement Co) | |
Price: $159,000 low | high Med: $159,000 sqft: 1,066 low | high Med: 1,066 $ / sqft: $149 low | high Med: $149 On site: 39 low | high Med: 39 | |