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240 E HAMILTON Street Allentown City, PA $ 289,900
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$ 289,900 Get more info
240 E HAMILTON Street
$ 289,900
Back to search
Share Save

240 E HAMILTON Street

Allentown City, PA, 18109
$ 289,900
Bedrooms3 Baths2.0 Sq 1,918

Monthly Estimate*

$ 1,785

240 E HAMILTON Street, Allentown City, PA 18109 - Image 1
240 E HAMILTON Street, Allentown City, PA 18109 - Image 2
240 E HAMILTON Street, Allentown City, PA 18109 - Image 3
240 E HAMILTON Street, Allentown City, PA 18109 - Image 4
240 E HAMILTON Street, Allentown City, PA 18109 - Image 5
240 E HAMILTON Street, Allentown City, PA 18109 - Image 6
240 E HAMILTON Street, Allentown City, PA 18109 - Image 7
240 E HAMILTON Street, Allentown City, PA 18109 - Image 8
Multi-Family Home for sale in Allentown City, PA for $289,900 with 3 bedrooms and 2 full baths. This 1,918 square foot home was built in 1915 on a lot size of 0.044.

9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!

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Multi-Family Pending

Price

$ 289,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,034

Style

Lot Size

0.044

Year Built

1915

Town/City

Allentown City

County/Region

Lehigh

MLS | Web ID

775224
Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling Wall/Window Unit(s)
Zoning B-3-Highway Business
Construction Materials Brick
Year Built 1915
Stories Count 3
Property Subtype Apartment
Gross Income 34440
County Lehigh
Net Operating Income 28335
Operating Expense 6105
Insurance Expense 1250
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 2
Status Pending
Directions Head US-22 E take the Fullerton Ave Exit Turn right onto Fullerton Ave Turn left on Jordan Dr Turn left onto E Hamilton st Bridge & continue for about a mile Property will be on your right on the corner of E Hamilton st and S Brook st.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 2
MLS Area Allentown-East
Lot Size Units Square Feet
Lot Size Square Feet 1934
Tax Annual Amount 3034.93
Electric Expense 340
Fuel Expense 0
Water Sewer Expense 0
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 93200
Property Sub Type Additional Apartment Duplex Single Family Residence
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Interior
Total Stories 3
Heating Y/N true
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Off Street Parking Pad
Water Source Public
Total Parking 4
Lot Size Area 1934
Lot Size Acres 0.044
Lot Size Source Public Records
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* Excluded Features
List By
Luis Paulino

Listing Agent

Light House Realty Lv Llc

Broker

Affordability Calculator

$2,038
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,785
Monthly Property Taxes
$253
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
4/17/2026$289,900 Listed Price

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240 E HAMILTON Street, Allentown City, PA, 18109 is a Multi-Family Home for sale at $289,900 with 1,918 sqft and a lot size of 0.044. 240 E HAMILTON Street has 3 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 18109 which is in Allentown City, PA

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