
128 S 12th St Allentown, PA 18102
Center City NeighborhoodEstimated payment $2,471/month
About This Home
ATTENTION INVESTORS! This 100% Occupied THREE UNIT Investment property yields a 9% CAP RATE making this an easy add to your Investment Portfolio! Annual Rent Income is $45,300 Net $38,836 including property taxes. Ease of renting with property location near major highways and walking distance to all that center city has to offer. All utilities are separated so landlord pays water/sewer and owners meter electric only. Schedule your showing today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,764
Year Built
- Built in 1908
Lot Details
- 1,305 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Stucco Exterior
Interior Spaces
- 2,006 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 5496885533600001
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $300
- Insurance Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $6,464
- Gross Income $45,300
- Net Operating Income $38,836
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/16/2025 03/16/25 | For Sale | $389,000 | 0.0% | $194 / Sq Ft |
02/27/2025 02/27/25 | Pending | -- | -- | -- |
04/23/2024 04/23/24 | For Sale | $389,000 | -- | $194 / Sq Ft |
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Source: Greater Lehigh Valley REALTORS®
MLS Number: 736509

APN: 549688553360-1