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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 310,000

Est. payment | -/mo

1,882 SqFt

Save

$ 310,000

Est. payment | -/mo

Save

1,882 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,882 sqft

Price per Sqft $164

Lot Size 1,800 Sqft

MLS Listing ID PALH2014702

Financing Cash,Conventional,FHA

Style Other

Total Units 2

Short Sale No

Originating MLS BRIGHT

Property Description

Fully occupied two-unit investment property generating $30,063 in gross income and $26,043 in net income. The asset consists of one 2-bedroom unit and one 3-bedroom unit, offering a strong and functional unit mix supported by consistent rental demand in the Lehigh Valley. Both apartments are nicely sized, providing comfortable living space that supports tenant retention. The second-floor unit spans two levels, creating a townhouse-style layout that enhances appeal, while the top apartment includes an in-unit washer and dryer, adding convenience and rental strength. Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited strictly to taxes and insurance, resulting in a minimal-expense structure and highly efficient operations. Additional value is supported by two off-street parking spaces, a desirable feature in this location. Situated in a core Lehigh Valley location, the property benefits from strong tenant demand, proximity to employment centers, and long-term rental stability. With durable in-place income, low operating expenses, and a highly efficient utility structure, this asset is well suited for investors seeking predictable cash flow and stable performance in a prime rental corridor.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning R-MH

Rooms

Basement Outside Entrance, Poured Concrete, Side Entrance, Full

Interior

Hot Water Electric

Heating Baseboard - Electric, Baseboard - Hot Water

Cooling None

Fireplace N

Heat Source Electric, Natural Gas

1-purchase type For Sale

Exterior

Exterior Feature Balcony, Patio(s)

Garage Spaces 3

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Porch Balcony, Patio(s)

Parking Type Parking Lot

Total Parking Spaces 3

Building

New Construction N

Foundation Block, Stone

Lot Dimensions 15.00 x 120.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District Allentown

Others

Tax Amount $2,478

Tax Year 2025

Tax ID 549761232363-00001

Ownership Fee Simple

SqFt Source 1882

Acceptable Financing Cash, Conventional, FHA

Special Sale Standard

testyfx76

Listed by james Reardon • eXp Commercial

1352 W LIBERTY ST Allentown, PA 18104