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542 N 6th Street Allentown, PA $ 705,000
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$ 705,000 Get more info
542 N 6th Street
$ 705,000
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542 N 6th Street

Allentown, PA, 18102
$ 705,000
Baths0.0 Sq 6,742

Monthly Estimate*

$ 4,341

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Studio

Multi-Family Home for sale in Allentown, PA

for $705,000. This 6,742 square foot home was built in 1895 on a lot size of 0.056.

5-Unit Multifamily + 4 Garage Rentals Offered at $705,000 8.49% Cap | 1.53 DSCR | 11.8% CoC Return This stabilized five-unit multifamily asset with four additional garage rentals offers strong in-place income, excellent leverage compatibility, and a diversified unit mix that supports long-term stability. With an 8.49% cap rate at list price and a projected 1.53 DSCR under 6.25% financing assumptions, the property provides immediate cash flow while maintaining strong downside protection.

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Multi-Family Active

Price

$ 705,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,848

Style

Lot Size

0.056

Year Built

1895

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

773194
Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling None
Utilities Cable Available
Zoning R-MH
Security Features Smoke Detector(s) Fire Escape
Construction Materials Brick
Year Built 1895
Stories Count 3
Property Subtype Apartment
Gross Income 84384
County Lehigh
Net Operating Income 59844
Operating Expense 24540
Insurance Expense 5404
Property Type Residential Income
Attached Garage false
MaintenanceExpense 4071
Subdivision Name Old Frgrnds Historic
Garage Y/N true
Status Active
Directions 1. Take US-22 West toward Allentown. 2. Take the Tilghman Street exit 3. Turn left onto Tilghman Street 4. Turn left onto N. 6th Street. 5. 542 N. 6th St will be on your right between Allen St and Linden St.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 5
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 2457
Tax Annual Amount 6848
Electric Expense 800
Fuel Expense 0
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 92300
Property Sub Type Additional Apartment
Unit 544
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Interior
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Detached Garage
Water Source Public
Total Parking 0
Lot Size Area 2457
Lot Size Acres 0.056
Lot Size Source Public Records
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* Excluded Features
List By
Frank J. Renaldi, Jr.

Listing Agent

The Real Estate Firm&Propmngmt

Broker

Affordability Calculator

$4,911
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,341
Monthly Property Taxes
$571
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2026$705,000 Listed Price

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542 N 6th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $705,000 with 6,742 sqft and a lot size of 0.056. 542 N 6th Street is a studio with 0.0 baths and was built in 1895. The property's zip code is 18102 which is in Allentown, PA

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