24 N 13th Street

Two-unit investment property generating $35,040 in gross income and $26,991 in net income. The asset consists of a large 3-bedroom, 1-bath apartment with attic space and a recently updated studio apartment, offering a flexible setup for both investors and owner-occupants. The 3-bedroom unit is currently occupied, providing immediate rental income. The studio was recently renovated, creating the opportunity to lease it at market rent or use it as an ideal owner-occupant / house-hack scenario, where an owner can live in the studio while rental income from the 3-bedroom unit helps offset the mortgage. Landlord expenses include taxes, insurance, water/sewer/trash, while electric is the tenant’s responsibility, helping maintain an efficient expense structure. Additional income is supported by paid parking spaces, creating another revenue stream for the landlord. The property is located in a core Lehigh Valley location with strong walkability, making it attractive to both tenants and owner-occupants. With flexible occupancy options, in-place rental income, paid parking, and a strong location, this property is well suited for buy-and-hold investors or owner-occupants seeking cash flow and long-term stability.