608 N 12th Street

Rare LEGAL 2-unit in Allentown's walkable N 12th Street corridor — a true standout on a block of single-family homes, and now freshly priced at $339,500. Fully tenanted and producing $3,050/mo ($36,600/yr) gross, with both tenants month-to-month — so you have full flexibility to move in, bring rents to market, or hold as-is from day one. First floor — 1BR/1BA with its own private rear entrance, full basement, fenced yard, and a dedicated off-street parking pad (features you rarely find in a one-bedroom). Currently rented at $1,550/mo. Second floor — 2BR/1BA at the front of the home, rented at $1,500/mo with clear upside on turnover. Built for easy ownership: all electric — no oil, no gas. Separate meters, with tenants paying their own electric/heat; the landlord meter covers common areas only. Tenants handle lawn and snow. Income snapshot: $36,600 gross · ~$4,440 operating expenses (excl. taxes) · ~$32,160 NOI. Unbeatable location — walking distance to downtown restaurants, schools, and transit, with quick access to Route 22 and the Tilghman corridor. Ideal for an FHA house-hack (live in one unit and let the other help pay your mortgage), a portfolio investor looking for turnkey cash flow, or a 1031 buyer needing income already in place. Sold AS-IS. 24-hour showing notice required — please respect the tenants. Listing agent bilingual (English/Spanish).