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$360,000
Est. payment /mo
5 Beds
2 Baths
2,404 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,404 sqft
Price per Sqft $149
Subdivision Not In Development
MLS Listing ID 779543
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1905
Annual Tax Amount $2,994
Property Sub-Type Townhouse
Property Description
Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. Allentown's job growth and revitalization create a high-demand rental market, perfect for a stable tenant base. This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
Location
State PA
County Lehigh
Area Allentown-Central
Direction Head toward N Church St. Turn left onto N 6th St. Turn left onto Linden St.Turn left onto N 13th St. Destination will be on the right
Interior
Heating Gas
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Allentown
Others
Senior Community No
Tax ID 549678784561 001
Special Listing Condition None
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Listed by Steel City Realty
Nearby School & Business
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