516 N 2nd Street Allentown, PA $ 39,000
516 N 2nd Street
$ 39,000
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516 N 2nd Street

Allentown, PA, 18102
$ 39,000
Baths0.0

Monthly Estimate*

$ 243

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Studio

Multi-Family Home for sale in Allentown, PA

for $39,000. The lot size is 0.067.

Vacant-lot in prime location in center city Allentown. Currently Leased & used as parking-lot for the church. $1,800/year. Cross the street from the Sheridan Elementary School, Fully paved and 2-entry from the front and back. This vacant-lot used to be a Residential Home but the structure has been removed few years ago. Public Sewer/water is available, there is a sewer line and water hook up on the lot. Any questions for Water/sewer hookup, Rebuild a residential home, Garages and any future potential uses, please refer to Allentown city zoning office. Schedule your private showing today and don’t miss on this investment opportunity. Bring offers!! Motivated Seller.

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Multi-Family Active

Price

$ 39,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 324

Style

Lot Size

0.067

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

737627

Features
General
Sewer Public Sewer
Heating None
Cooling None
Zoning R-MH-MEDIUM HIGH DENSITY
Construction Materials Other
Property Subtype Mixed Use
Gross Income 1800
County Lehigh
Net Operating Income 1475
Operating Expense 325
Insurance Expense 0
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions from American Pkwy take Tilghman st towards East Allentown right on N 2nd st. Lot should be on the right next to the church
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 1
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 2905
Year Built Details Unknown
Tax Annual Amount 324.74
Electric Expense 0
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 6500
Property Sub Type Additional Mixed Use Detached
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Interior
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Water Source Public
Total Parking 10
Lot Size Area 2905
Lot Size Acres 0.067
Lot Size Source Public Records
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* Excluded Features
List By
Dean F. Alk

Listing Agent

Reinvest Real Estate Llc

Broker

Affordability Calculator

$270
Per Month
90%
10%
0%
Monthly Principal & Interest
$243
Monthly Property Taxes
$27
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4196651 Elementary School
4073866 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/22/2025$39,000 -13.33% Price Down
9/24/2025$45,000 Listed Price

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516 N 2nd Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $39,000 with a lot size of 0.067. 516 N 2nd Street is a studio with 0.0 baths. The property's zip code is 18102 which is in Allentown, PA