508 North Silk Street Allentown, PA $ 265,000
508 North Silk Street
$ 265,000
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508 North Silk Street

Allentown, PA, 18102
$ 265,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,851

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Multi-Family Home for sale in Allentown, PA

for $265,000 with 6 bedrooms and 2 full baths. This home was built in 1917.

Welcome to your next lucrative investment opportunity in the heart of Center City Allentown! Introducing a fantastic 2-unit duplex strategically located near public transportation hubs, ensuring convenient access for tenants and maximizing rental potential. Key Features: **Prime Location: Located in vibrant Center City Allentown, this property enjoys proximity to the amenities that city living has to offer. **Investment Gem: With a remarkable 9.00% cap rate, this duplex promises an impressive return on investment from day one. ** Dual Units: Highlighting two separate units, each with its distinct charm, this property offers flexibility and multiple income streams. **Revenue Rental: Perfect for savvy investors seeking consistent cash flow, this duplex is primed to generate significant rental income. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to dive into the world of real estate, this duplex presents an unparalleled opportunity. Don't miss out on the chance to secure your financial future with this revenue-generating gem in Center City Allentown. Contact us today to schedule a viewing and seize this exceptional investment opportunity! Garages are not part of this property.

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Multi-Family Pending

Price

$ 265,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,140

Style

Both Halves

Year Built

1917

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

734796

Features
General
Sewer Public
Construction Brick
Cooling No Air
Water Public
Gas Y/N 0
Water/Sewer 1200
Electric 0
Subdivision Not in Development
Parking Spaces 0
County Lehigh
Zoning Code R-Mh-Medium High Density Residential
School District Allentown
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Interior
Heating 0
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* Excluded Features
List By
Adalgisa Peralta

Listing Agent

Acre And Estate

Broker

isa@theericleadbetterteam.com

Email

Affordability Calculator

$2,029
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,851
Monthly Property Taxes
$178
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266650 Elementary School
266653 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$265,000 Listed Price

Map


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508 North Silk Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $265,000. 508 North Silk Street has 6 bedrooms, 2.0 baths, and was built in 1917. The property's zip code is 18102 which is in Allentown, PA