1002 S 6th St Allentown, PA 18103
Southside NeighborhoodEstimated payment $2,317/month
About This Home
Investor Opportunity 3-Unit Property!
Don't miss your chance to own this value-add multi-unit property located in Allentown. This triplex is ideal for the savvy investor looking to build equity and generate long-term rental income.
Property Highlights:
Unit 1: In need of repairs—perfect for investors ready to bring their vision and add value through renovations.
Unit 2: Currently occupied, featuring 2 bedrooms and solid layout.
Unit 3: Currently occupied, large 3-bedroom unit with a bonus room off the kitchen, offering additional living space and basement access.
With some capital investment now, this property offers excellent potential for increased rental income and long-term appreciation. All units have separate entrances.
Situated in the heart of Allentown’s revitalization zone, you're just minutes from downtown shops, restaurants, the PPL Center, and major transportation routes.
Property is being sold as-is. Buyer is responsible for obtaining a clear Certificate of Occupancy.
This is the perfect opportunity to enter or expand in a fast-growing rental market.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,784
Year Built
- Built in 1900
Parking
- No Garage
Home Design
- 3,357 Sq Ft Home
- Brick or Stone Mason
Utilities
- Heating Available
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,500
- Maintenance Expense $5,000
- Professional Management Expense $1,800
- Operating Expense $17,000
- Gross Income $26,000
- Net Operating Income $9,500
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Off Market | $379,000 | -- | -- |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/22/2025 07/22/25 | Price Changed | $379,000 | -5.0% | $113 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $399,000 | +89.6% | $119 / Sq Ft |
| 06/24/2020 06/24/20 | Sold | $210,390 | -1.7% | $63 / Sq Ft |
| 05/05/2020 05/05/20 | Pending | -- | -- | -- |
| 04/28/2020 04/28/20 | For Sale | $214,000 | +12.6% | $64 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $190,000 | -11.6% | $57 / Sq Ft |
| 04/16/2018 04/16/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | For Sale | $215,000 | +186.7% | $64 / Sq Ft |
| 08/28/2014 08/28/14 | Sold | $75,000 | -31.8% | $22 / Sq Ft |
| 07/07/2014 07/07/14 | Pending | -- | -- | -- |
| 01/24/2014 01/24/14 | For Sale | $109,900 | -- | $33 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 760605
APN: 640636052270-1
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