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Don't judge a book by its cover"”this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location"”an opportunity that's hard to overlook.
| DAYS ON MARKET | 76 | LAST UPDATED | 11/7/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1885 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Nov 7, '25 | $799,900 |
|---|---|
| Nov 7, '25 - Today | $750,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Allentown-Central |
| CONSTRUCTION | Brick, Stucco, Vinyl Siding |
| HEAT | Baseboard, Electric, Natural Gas, Radiant |
| LOT | 3006 sq ft |
| LOT DIMENSIONS | 2998 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 5276.13 |
| WATER | Public |
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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