$385,000/mo

245 North 4, Allentown City, PA 18102

  • 5 beds |
  • 3 baths |
  • 2,400 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1885
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

This well maintained three-unit building presents a fantastic investment opportunity in a highly desirable location just minutes from the city center and St. Luke’s Hospital. With strong rental demand in the area, this property offers reliable income potential and excellent prospects for long-term appreciation. Each spacious unit features separate electric meters, allowing tenants to pay their own electric helping reduce operating costs and increase profitability. The first-floor unit boasts high ceilings, while all units offer practical layouts and appealing features that make them easy to rent out. The property also includes a large backyard a rare bonus in this area providing outdoor space for tenants or future value-add opportunities. Whether you're a seasoned investor or an owner-occupant looking to house hack, this property is an ideal fit. Live in one unit while renting out the other two to generate passive income and build equity. The property will be delivered with a clear Certificate of Occupancy, offering a smooth and worry-free transition to ownership. Don’t miss this opportunity to own a solid, income-generating asset in a prime, central location!

Listing Status:
Active
Listing Office:
Realty Mark LLC : (215) 376-4444
MLS ID:
761414
  • A/C: None
  • Heating: GasRadiator(s)

This listing courtesy of Realty Mark LLC

Location

Schools Nearby

L

Lincoln Early Childhood Center

, Allentown, PA, 18102

Grades PK-5

0.32 miles away

H

Harrison-Morton Middle School

137 N 2nd St, Allentown, PA, 18101

Grades 6-8

0.35 miles away

B

Building 21 Allentown

265 Lehigh St, Allentown, PA, 18102

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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