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Investor Alert! Turnkey duplex just 2 minutes from the Allentown Fairgrounds"”perfect for building or expanding your portfolio. Long-term ownership since the 1970s shows pride of care. Each unit has separate utilities, economical gas heat, and month-to-month tenants who want to stay. Current rents are well below market, with a CAP rate of 5.8%"”and potential to reach 8-9% with market-level rents. The first-floor unit includes 1 bed, 1 bath, kitchen, living room, and basement access with laundry. The spacious second-floor unit features a private entrance, covered porch, brand-new central air/heating rooftop unit (June 2025), eat-in kitchen, living room, dining area, half bath with washer/dryer, and an upper-level bedroom with full bath and Jacuzzi tub. Both apartments offer two points of entry for added convenience and flexibility. A rare 2-car garage allows for off-street parking, a huge bonus in this area. Includes basement storage and low taxes. Solid structure, prime location, and strong upside"”ideal for seasoned or first-time investors.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/3/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1910 |
| COMMUNITY | Allentown-West | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-West |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 1786 sq ft |
| LOT DIMENSIONS | 1799.0 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| SUBDIVISION | Not in Development |
| TAXES | 2931.85 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with RE/MAX Real Estate
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