$425,000

Estimated payment $2,643/month

Total Views 1,075
5 Beds
2 Baths
2,700 Sq Ft
$157 Price per Sq Ft

Highlights

  • Attached Garage
  • Heating Available
  • 4-minute walk to Andre Reed Park

About This Home

Calling all investors! This is a rare opportunity to own 2 continguous townhome parcels in Allentown with 100% occupancy. One of the homes feature three bedrooms while the other offers two bedrooms, providing a strong mix for tenant demand. Each tenant is responsible for paying all utilities, keeping expenses low for the owner. Added appeal comes from driveway and garage parking, which enhances long-term desirability for current and future tenants. The properties are ideally located in a sought-after residential development, making this a turnkey investment with excellent rental income and long-term potential. This can be bought as a package or individually. MLS: 772924 & 772921. Book your showings individually on those two MLSs.

Listing Agent

Jennifer de Jesus

Steel City Realty License #RM423820 Listed on: 03/10/2026

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 1954

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Utilities

  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,687
  • Operating Expense $6,856
  • Gross Income $36,540
  • Net Operating Income $29,684

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,169

Year Built

Built in 1954

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Townhouse
  • Stories: 2
  • Year Built: 1954
  • Co List Office Mls Id: STEEL
  • Subdivision Name: Not in Development
  • HumanModifiedYN: Yes
  • PropertySubTypeAdditional: Townhouse
  • CurrentPrice: 425000.0
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2700.0
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 6856.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Zoning: R-M

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1687.0
  • Property Net Operating Income: 29684.0

Tax Info

  • Tax Annual Amount: 5169.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,486 $75,000 $8,900 $66,100
2024 $2,486 $75,000 $8,900 $66,100
2023 $2,486 $75,000 $8,900 $66,100
2022 $2,400 $75,000 $66,100 $8,900
2021 $2,353 $75,000 $8,900 $66,100
2020 $2,293 $75,000 $8,900 $66,100
2019 $2,256 $75,000 $8,900 $66,100
2018 $2,099 $75,000 $8,900 $66,100
2017 $2,047 $75,000 $8,900 $66,100
2016 -- $75,000 $8,900 $66,100
2015 -- $75,000 $8,900 $66,100
2014 -- $98,400 $8,900 $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 For Sale $425,000 +97.7% $157 / Sq Ft
03/10/2026 03/10/26 For Sale $215,000 -- $168 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $461,540 Penn Star Land Transfer Llc
Deed $461,540 Penn Star Land Transfer Llc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,540 Stand Alone Refi Refinance Of Original Loan
Closed $461,540 Purchase Money Mortgage
Source: Public Records

Source: Greater Lehigh Valley REALTORS®

MLS Number: 772926

Greater Lehigh Valley REALTORS®

APN: 640786373905-1

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