521 N 6th Street Allentown, PA $ 382,500
521 N 6th Street
$ 382,500
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521 N 6th Street

Allentown, PA, 18102
$ 382,500
Bedrooms5 Baths3.0 Sq 2,208

Monthly Estimate*

$ 2,355

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Multi-Family Home for sale in Allentown, PA

for $382,500 with 5 bedrooms and 3 full baths. This 2,208 square foot home was built in 1890 on a lot size of 0.044.

521 N 6th St | Allentown, PA – Income-Producing Rooming House Investment Opportunity Discover a compelling investment opportunity in the heart of Allentown with this cash-flowing rooming house offering stable income and attractive returns. Generating approximately $37,656 in annual gross income and delivering a Net Operating Income of $31,490, this property offers an impressive 8.23% cap rate at the current list price of $382,500. Based on a self-managed ownership model and conservative operating expenses, investors can benefit from strong cash flow and long-term appreciation potential. Positioned to meet the continued demand for affordable housing options, this income-producing asset presents an excellent opportunity for investors seeking immediate returns with additional upside through principal paydown, tax advantages, and future appreciation. Conveniently situated near Downtown Allentown, the property offers easy access to public transportation, major employment centers, shopping, dining, and everyday conveniences. The area’s ongoing revitalization and continued demand for workforce housing support long-term occupancy and future growth potential. Whether you’re expanding an existing portfolio or acquiring your first income-producing asset, 521 N 6th St presents an opportunity to secure a cash-flowing property in one of the Lehigh Valley’s most active rental markets.

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Multi-Family Active

Price

$ 382,500

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,537

Style

Lot Size

0.044

Year Built

1890

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

779204

Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling None
Zoning R-MH
Construction Materials Brick
Year Built 1890
Stories Count 3
Property Subtype Apartment
Gross Income 37656
County Lehigh
Net Operating Income 31140
Operating Expense 6516
Insurance Expense 2500
Property Type Residential Income
Attached Garage false
MaintenanceExpense 1130
Subdivision Name Old Frgrnds Historic
Garage Y/N true
Full Baths 3
Status Active
Directions From Route 22 take 145 South. Make a Left onto Linden and then a Left onto N. 6th St. Property will be on the right.
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 1921
Tax Annual Amount 2537
Electric Expense 0
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 78700
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features Detached Garage On Street
Water Source Public
Total Parking 0
Lot Size Area 1921
Lot Size Acres 0.044
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

$2,567
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,355
Monthly Property Taxes
$211
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
Pricing History
DatePricePrice ChangeDescription
6/22/2026$382,500 Listed Price

Map


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521 N 6th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $382,500 with 2,208 sqft and a lot size of 0.044. 521 N 6th Street has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 18102 which is in Allentown, PA