Allentown, PA 18102 207-211 W Turner Street

Three (3) Buildings, 8 units and a TON of potential! Welcome to W Turner St, these two buildings (211-213 on the left & 207-209 on the right) have been recently approved for three (3) new additional units to be built along with 4 newly renovated cash flowing apartments currently occupied. There are four apartments in 207-209, three apartments are a 2 bedroom with one bathroom, the fourth apartment is a 2 bedroom with 2 full bathrooms. The units on 207 have larger exterior balconies while the two apartment son 209 have smaller, standing room only balconies. The city has approved an additional 5th apartment for the ground floor of 207-209 along with a laundry room for all tenants to utilize (we planned on coin operated laundry). The building next door toe the left (211-213) is also a part of the property (2 buildings on one deed and one water line), and the city has approved this building for conversion into a side by side duplex, each unit will be a 2 bedroom one bathroom. The existing 4 apartments (207-209) have mini split units for max efficiency with heating and cooling, 3 heads per apartment. There is no gas in the buildings, everything to operate off electricity. There have been extensive renovations to the building in recent years and now the final phase is ready to begin. All of the leg work has been completed with the city zoning departments and engineering plans, the construction is ready to begin. When the three new units are built out, you will have a portfolio addition of 7 doors, 4 of which are already operating. Engineering plans will be provided to the buyer to use and submit for building permits on the remaining 3 apartments. The ground floor (5th unit) was zoned commercial, that has been changed and approved to residential. The same goes for 211-213, it has now been approved for residential dwellings, no longer commercial. 205 N Bryan St has been renovated with a tenant in place currently paying $1,825 monthly. This property was subdivided, it has its own deed but will be included with the sale of the building.