2030 Hanover Ave Unit 2032 Allentown, PA 18109
Rittersville NeighborhoodEstimated payment $1,871/month
About This Home
**Multiple Offers Received! Highest & Best Deadline for 10/2 @ 5PM** Now available is this well-maintained detached 2-unit property in East Allentown, perfect for investors or someone looking to live in one unit and rent the other. The property features a 1-bedroom first floor unit (currently vacant for immediate occupancy or placement) and a 2-bedroom second floor unit with the potential to add a 3rd bedroom in the attic, creating additional rental income potential. Utilities are separated with electric baseboard heat on the first floor and gas radiator heat on the second, keeping management simple. Recent upgrades include a brand new roof in 2025 and freshly painted exterior siding, ensuring peace of mind for years to come. Tenants will appreciate the two covered porches, ample off-street parking with two large pads accommodating up to six cars, and a basement with exterior access and hookups for two separate sets of washer and dryers, offering the option to install coin-operated laundry for extra income or allow tenants to bring their own machines. The long-term second-floor tenant of more than ten years would like to stay, if possible. This property is within minutes from public transportation, shopping, dining, parks, schools, grocery stores, and major roadways/highways. Whether you’re seeking a steady rental investment or the chance to live in one unit while renting out the other, this property offers versatility, income potential, and a prime East Allentown location.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,500
Year Built
- Built in 1880
Home Design
- Aluminum Siding
Interior Spaces
- 3-Story Property
- Washer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Parking Pad
- On-Street Parking
- Off-Street Parking
Additional Features
- Patio
- Heating Available
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $240
- Insurance Expense $1,400
- Maintenance Expense $2,016
- Water Sewer Expense $900
- Operating Expense $9,736
- Gross Income $33,600
- Net Operating Income $23,864
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 09/24/2025 09/24/25 | For Sale | $299,900 | +44.9% | -- | |
| 12/03/2021 12/03/21 | Sold | $207,000 | +6.2% | $125 / Sq Ft | View Prior Sale |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- | |
| 09/18/2021 09/18/21 | For Sale | $195,000 | -- | $117 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 765345
APN: 641747091533-1
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