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117 North Penn Street Allentown, PA $ 230,000
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$ 230,000 Get more info
117 North Penn Street
$ 230,000
Back to search
Share Save

117 North Penn Street

Allentown, PA, 18102
$ 230,000
Bedrooms5 Baths2.0 Sq 1,200

Monthly Estimate*

$ 1,607

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Multi-Family Home for sale in Allentown, PA

for $230,000 with 5 bedrooms and 2 full baths. This 1,200 square foot home was built in 1895 on a lot size of 0.02.

Attention savvy investors! Get ready to elevate your portfolio with this exceptional two-unit property located at 117.5 N Penn St in Allentown. Boasting a rare combination of a 1-bedroom and a 4-bedroom unit, this property promises diverse rental income streams. With a gross income of $27,000 and a net income of $23,252 annually, this investment is a true cash cow. Priced competitively at $230,000, and with the owner responsible for taxes, trash, and insurance, managing this property is a breeze. Tenants handle all other utilities, further enhancing your return. Situated in a prime location in Allentown, this property offers tremendous rental potential. Don't miss out on this golden opportunity to secure a lucrative investment with a strong cap rate for this area. Act now and make this income-generating asset yours today!

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Multi-Family Active

Price

$ 230,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,548

Style

Row/Townhouse

Lot Size

0.02

Year Built

1895

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

732484
Features
General
Sewer Public
Construction Brick
Cooling No Air
Water Public
Gas Y/N 0
Water/Sewer 0
Electric 0
Subdivision Not in Development
Parking Spaces 0
County Lehigh
Zoning Code R-H-HIGH DENSITY RESIDENTIAL
School District Allentown
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Interior
Heating 0
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* Excluded Features
List By
Jennifer L. DeJesus

Listing Agent

Steel City Realty

Broker

jen@dejesusteam.com

Email

Affordability Calculator

$1,819
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,607
Monthly Property Taxes
$212
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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Nearby
266650 Elementary School
266653 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/28/2024$230,000 Listed Price

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117 North Penn Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $230,000 with 1,200 sqft and a lot size of 0.02. 117 North Penn Street has 5 bedrooms, 2.0 baths, and was built in 1895. The property's zip code is 18102 which is in Allentown, PA

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