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Live in One, Rent the Other - 2-Unit Property with Income Potential. Why rent when you can own and collect rent at the same time? This legally zoned 2-family home is perfect for a first-time buyer looking to build equity while offsetting monthly expenses. The main home features 4-5 bedrooms across three levels, with a spacious layout on the first floor including a living room, dining room, and kitchen"”plenty of room to live comfortably or host family and friends. The rear home is a detached 2-bedroom unit with a private entrance from the back street. It's currently rented at $650/month, with tenant-paid utilities, and could potentially be increased over time. The backyard is fully decked for easy maintenance and can be shared between both homes. With the same owner for nearly 30 years, this is a rare opportunity to live affordably while owning a multi-unit property with income already in place.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/6/2025 |
|---|---|---|---|
| TRACT | Old Frgrnds Historic | YEAR BUILT | 1900 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Allentown |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Oven, Range |
| AREA | Allentown-Central |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric, Hot Water, Oil |
| LOT | 1481 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial |
| SUBDIVISION | Old Frgrnds Historic |
| TAXES | 2244.84 |
| WATER | Public |
| ZONING | R-MH |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Coldwell Banker Hearthside
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This IDX solution is (c) Diverse Solutions 2025.
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