Fully rented at market rate, this 3-bedroom 1-bath rowhome in Center City Allentown is in good condition with all city inspections up to date and no work needed. Month to month lease means that the home can be delivered vacant if need be for an owner occupant wishing to take advantage of record low interest rates and Allentowns rapidly appreciating, vibrant real estate market. The current owner is a full time landlord and meticulously screened his tenants, meaning this property can be delivered to investors as cash producing turnkey rental from the moment its sold. With downtown Allentown experiencing a historic wave of investment adding gleaming new commercial and residential buildings, this is an ideal opportunity to ride the wave of reinvestment and watch your equity grow.
39 Multi Family Homes For Sale in Allentown, PA
Fully rented at market rate, this 3-bedroom with an attic space that can be used as a 4th bedroom rowhome in East Allentown is in good condition with all city inspections up to date and no work needed. Month to month lease means that the home can be delivered vacant if need be for an owner occupant wishing to take advantage of record low interest rates and Allentowns rapidly appreciating, vibrant real estate market. The current owner is a full time landlord and meticulously screened his tenants, meaning this property can be delivered to investors as cash producing turnkey rental from the moment its sold. With Allentown experiencing a historic wave of investment adding gleaming new commercial and residential buildings, this is an ideal opportunity to ride the wave of reinvestment and watch your equity grow.
(Back on the market ) Buyer did not drop off deposit check. INVESTOR ALERT OR HOMEOWNER DO A 203K REHAB LOAN and make the home beautiful, MOTIVATED SELLER!! Priced to SELL, SELL, SELL! Certificate of Occupancy report on record. The buyer will have to clear the CO. Almost 1800 square feet of POTENTIAL!! This large home located in the Old Allentown Historic District is waiting for its new owner /investor to bring it back to life. The home has four large bedrooms and one bath. Being that it is an end unit, it offers parking space for multiple vehicles and a detached garage that has room for two vehicles. The home also has two additional off street parking spots. Once this home is brought back to its original glory, you will have a beautiful home or investment property. To all you HGTV fans, what are you waiting for? Come purchase your new investment project today! With Value and Equity, you can not go wrong! AS IS , buyer responsible for all CO repairs.
222 N Franklin Street offers an affordable investment opportunity in down-town Allentown. This spacious 5 bedroom twin has off-street parking for multiple cars and a convenient location across from a park. Currently tenant occupied, the first floor setup provides a bedroom (could be a family room), living room, full bathroom and a huge eat-in kitchen. The 2nd level has a full bathroom and 3 nice size beds. There is enclosed porch with a staircase leading to the backyard. The 3rd floor has 2 additional bedrooms. Additional features include : Tenants pay all utilities, newer heating system and hot water heater, updated electric service.
This home is located at 121 N Penn St Allentown, PA 18102 US and has been listed on Homes.com since 6 May 2021 and is currently priced at $189,900, approximately $147 per square foot. This property was built in 1895. 121 N Penn St is within the school district(s) Allentown School District with nearby schools including Central Elementary School, Harrison-morton Middle School, and William Allen High School. Similar properties nearby are <a href="/property/1125-n-21st-st-allentown-pa-18104/id-400024559277/">1125 N 21st St</a>, <a href="/property/1420-w-union-st-allentown-pa-18102/id-400032120159/">1420 W Union St</a>, <a href="/property/1131-s-howard-st-allentown-pa-18103/id-400024581938/">1131 S Howard St</a>, <a href="/property/1223-garden-ave-allentown-pa-18103/id-400024600622/">1223 Garden Ave</a>, 764 3rd St, <a href="/property/1840-w-turner-st-allentown-pa-18104/id-400024555769/">1840 W Turner St</a>, <a href="/property/604-n-8th-st-allentown-pa-18102/id-400024566079/">604 N 8th St</a>, 1602 S Race St, <a href="/property/926-e-clair-st-allentown-pa-18109/id-400024593831/">926 E Clair St</a>, and <a href="/property/2436-s-4th-st-allentown-pa-18103/id-400024585417/">2436 S 4th St</a>.
Cash flowing 4 unit in Allentown! Fully occupied, tenants pay for electric, snow removal, and lawn care. Additional revenue from on site coin-op laundry! Plenty of room to section off parking for tenants to lease. Plenty of value add opportunity here! Don't miss out on adding this 4 unit property to your growing portfolio.
Well maintained 3 bedroom townhome conveniently located on a quiet block in the East Side of Allentown. New laminate flooring throughout, spacious living room and dining room, and large kitchen with center island with plenty of storage. Upstairs you will find 3 nicely sized bedrooms and a spacious full bathroom. Full basement has a walk-out side door and offers great storage space. Cute fenced yard with private parking pad in rear. Furnace was replaced in 2013.
Calling all investors to this tenant occupied 4 bd / 1.5 ba twin home in Allentown! Currently renting for $1350/mo with lease ending on 4/30/21, this is a great income opportunity. Dont miss the homes open floor plan, front and back outdoor spaces, finished attic, and customizable basement. Pass the covered porch and wood deck on your way into the home, where youre met with wood vinyl floors and natural light, the perfect environment for entertaining and everyday living. The living and dining rooms flow seamlessly into one another, and the kitchen sits behind, equipped with decorative tile flooring and ample counter and cabinet space. Just off the kitchen, theres a convenient laundry room, half bath, and exterior door. The bedrooms are located upstairs and can accommodate queen size beds; they share the hallway bath, containing a white vanity, wainscoting, and a shower/tub. Use the finished attic as an office or game room, and customize the basement or use it for storage.
This home is located at 544 Greenwood St Allentown, PA 18103 US and has been listed on Homes.com since 21 April 2021 and is currently priced at $425,000, approximately $166 per square foot. This property was built in 1940. 544 Greenwood St is within the school district(s) Allentown School District with nearby schools including Hiram Dodd Elementary School, South Mountain Middle School, and Louis E Dieruff High School. Similar properties nearby are <a href="/property/335-n-franklin-st-allentown-pa-18102/id-400024562335/">335 N Franklin St</a>, <a href="/property/3198-lanark-rd-coopersburg-pa-18036/id-1000083586427/">3198 Lanark Rd</a>, <a href="/property/2361-lehigh-pkwy-n-allentown-pa-18103/id-400024555369/">2361 Lehigh Pkwy N</a>, <a href="/property/3412-oak-hill-rd-emmaus-pa-18049/id-400024579934/">3412 Oak Hill Rd</a>, <a href="/property/5344-old-bethlehem-pike-bethlehem-pa-18015/id-400024609150/">5344 Old Bethlehem Pike</a>, <a href="/property/1820-sherwood-rd-allentown-pa-18103/id-400024556583/">1820 Sherwood Rd</a>, <a href="/property/2249-honeysuckle-rd-allentown-pa-18103/id-400024600329/">2249 Honeysuckle Rd</a>, <a href="/property/3521-bittersweet-rd-center-valley-pa-18034/id-400024599517/">3521 Bittersweet Rd</a>, 1306 Hamilton St, and <a href="/property/1756-ritter-st-bethlehem-pa-18015/id-1000040072556/">1756 Ritter St</a>.
Great Cash Flow on this 7-unit in South Allentown - plenty of value add! Fully occupied with decent paying tenants. Landlord pays water, sewer, trash, heat and common electric. Tenants pay electric for their unit. Coin operated laundry and storage rooms for tenants provide the opportunity for additional income. All leases are yearly leases with 5% increases built in. All units have full deposits. 5- 2 bedrooms & 2- 1 Bedrooms. Don't wait too long to add this one to your portfolio! Seller will provide CLEAR CO.
Stunning West End Three bedroom brick/stucco twin home is sure to impress with its glass doorknobs and character. The elegant living room with gorgeous hardwood floors and pellet stove insert is open to the formal dining room that has wainscoting and molding trim. The modern kitchen has granite counters and a eat in breakfast bar. There is a half bath on main floor. The lower level is partially finished and is a great bonus space, laundry and storage is also on lower level. The upstairs is all hardwood flooring and has three bed rooms all with closets and ceiling fans. The full bath is full of class with it's tile work, and openness. The backyard is fenced and a 1 car detached garage. House Roof replaced in 2018. There is off street parking for 1 car in the back as well.
Cash flowing SFH in Allentown! Don't miss out on this 3 bedroom, 1-bathroom home near city center and major highways. Tenant is leased through August of 2021 and pays for all utilities.
Spacious 4 bedroom, 2 full bath West End twin home boasts over 2,200 sq. ft of living space, fenced-in/ no maintenance yard, covered front porch, and oversized 1 car garage. Hardwood flooring, an abundance of natural light, and ample closet space throughout the home! The first floor offers a nice sized living room, sun-filled dining room, and expansive eat kitchen with a center island. The second floor boasts 3 bedrooms, a full bath, and a large walk-in closet. 3rd floor has an additional bedroom and a bonus room that can be finished for another bedroom or den. The partially finished basement offers even more living space with a family room, large laundry room, full bathroom, and 2 bonus storage rooms. Located near Muhlenberg college, shopping, and hospitals with quick access to all major routes and public transportation! Call today to schedule a tour!
Well maintained positive cash flow 2 unit in Allentown's West End. 7 cap rate at the current rents which have room to go up based on the current rental market. The first floor is a 1 bedroom/1 bath unit with access to the basement for additional living space and the gorgeous backyard. The second floor is also a 1 bedroom/1 bath unit. Both units have long term tenants looking to stay. Be sure to check out the 360 degree virtual tour. Low taxes. Tenants pay their own electric and heat.
Fabulous positive cash flow 2 unit townhome in Center City Allentown. 9.1 cap rate at the current rents which have room to go up based on the current rental market. The first floor is a 1 bedroom/1 bath unit and the second floor is a 2 bedroom 1 bath unit. Both units have updated durable flooring. Close to all that Center City Allentown has to offer. Be sure to check out the 360 degree virtual tour.
Incredible and unique investment property near Center City Allentown. 326 E Hamilton is a turn-key 3 bedroom, 1.5 bath home that has been remodeled from top to bottom. Upon entering, you will love the new floors, fresh paint and fireplace in the living room. The dining room has built-in shelves and lots of light. The kitchen is stunning thanks to new cabinets, granite countertops and an open breakfast area with an eat-in counter. The current owner added a much needed powder room as well. There are 3 spacious bedrooms on the second floor with new carpet along with a remodeled full bathroom. What makes this home unique is that it has a 5-car garage. All of the garages have been updated with new doors, paint and openers. This is a great opportunity for a first time investor or a seasoned one looking to rent each unit by itself for maximum returns. Schedule your showing today!
Calling all investors to this tenant occupied 3 bd / 1 ba twin home in Allentown! Currently renting for $1110/mo (below market value) with a month-to-month lease, this is a great income opportunity. Highlights include the spacious backyard, attic and basement levels for storage or customizing, and the eat-in kitchen. Pass the covered porch on your way inside, where youre met with original hardwood flooring and natural light. The living and dining rooms flow easily into one another, both with wood beamed ceilings and brick and wood accent walls. Cook in the kitchen with the help of wood cabinets, ample counter and cabinet space, and tile flooring, and head out the back door to reach a spacious fenced-in back lawn - perfect for lounging and entertaining. Upstairs, youll find the three bedrooms, each of which can accommodate a queen size bed, and a bath, with a white vanity, wainscoting, and a shower/tub. Laundry located in the basement. Other features: Alarm; Double pane windows.