Single family rental in Allentown with Gross $13,500 and Net $8,554. The property offers a functional layout with a private fenced yard, basement, and attic storage, along with efficient gas heat and electric appliances. Tenants are responsible for all utilities, materially reducing owner expense exposure and insulating net income from… Read More rising operating costs. The asset has been maintained with a focus on durability and operational efficiency. This is a proven rental asset in central Allentown with established tenant demand and a clear rent-growth trajectory. This two-bedroom end-unit property sits in a consistently high-occupancy pocket of Center City Allentown, with leasing history reflecting strong absorption and reliable execution. In-place rents remain below current market levels, presenting a straightforward opportunity for income growth without major capital expenditure. Investors, acquire a defensible rental with predictable costs and upside driven by rent optimization rather than speculation. Ideal for long-term holders prioritizing simplicity and reliability. Read Less
Courtesy of james J Reardon, eXp Commercial 888-397-7352
Listing Snapshot
Days Online
4
Last Updated
Property Type
Townhouse
Lot Size
0.03 Acres
Year Built
1870
MLS Number
PALH2014502
Additional Details
Building
Built in 1870, Construction Materials: Advanced Framing, Aluminum Siding, Block
Cooling
None
Accessibility Features
2+ Access Exits
Foundation
Block, Stone
Heating
90% Forced Air
Income
Gross Income: $14,124, Net Operating Income: $11,824, Apartment Rentals
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