511 Park Street Allentown, PA ^$ 235,000

511 Park Street

^$ 235,000

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511 Park Street

Allentown, PA, 18102

^$ 235,000

Bedrooms6 Baths2.0 Sq 2,088

Monthly Estimate*

^$ 1,642

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Multi-Family Home for sale in Allentown, PA

for $235,000 with 6 bedrooms and 2 full baths. This 2,088 square foot home was built in 1891 on a lot size of 0.04.

Attention investors! Here's an incredible opportunity to add this 2 unit to your portfolio in Allentown. This investment property is currently rented until 2025 and is bringing in $2,506 per month in rental income. With tenants responsible for all utilities and expenses totaling $4,834, the property nets an impressive $25,735 annually. Priced competitively at $235,000, this investment offers a lucrative return. Take advantage of this chance to secure a reliable income stream with minimal hassle.

Multi-Family Pending

Price

^$ 235,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,190

Style

Row-End Unit

Lot Size

0.04

Year Built

1891

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

735993

Features

General

Sewer Public

Construction Brick

Cooling No Air

Water Public

Gas Y/N 0

Water/Sewer 0

Electric 525

Subdivision Not in Development

Parking Spaces 0

County Lehigh

Zoning Code R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

School District Allentown

Interior

Heating 0

* Excluded Features

List By

Jennifer L. DeJesus

Listing Agent

Steel City Realty

Broker

jen@dejesusteam.com

Affordability Calculator

$1,824

Per Month

Monthly Principal & Interest: $1,642
Monthly Property Taxes: $183
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Allentown, PA

Average List Price ^$580,232

Percent of Sale Price 147%

About Allentown, PA

121,040 Population

13% Since 2002

^$37,889 Median Income

35.22 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266650 Elementary School

266653 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$235,000		Listed Price

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511 Park Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $235,000 with 2,088 sqft and a lot size of 0.04. 511 Park Street has 6 bedrooms, 2.0 baths, and was built in 1891. The property's zip code is 18102 which is in Allentown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®/ Greater Lehigh Valley Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/23/2024.

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511 Park Street

Multi-Family Home for sale in Allentown, PA

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