BEDS0
BATHS
MLS#PALH2014500
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLALLENTOWN
Property Description
Turnkey, cash-flowing single family asset in the Old Allentown Historic District with clear rent-growth upside. Property produces a GROSS income of $13,800 and NET $10,706. The property offers a functional layout with a private fenced yard, basement, and attic storage, along with efficient gas heat and electric appliances. This property benefits from sustained tenant demand driven by proximity to dining, shopping, and entertainment in central Allentown. The unit features an efficient layout and private fenced outdoor space, a combination that supports long-term renter appeal and consistent occupancy in this submarket. The property is tenant-occupied, with tenants responsible for all utilities, keeping owner expenses low and predictable. In-place rents remain below prevailing market levels, with nearby comparable units supporting higher monthly rents. Appliances are already in place, and the asset requires no operational overhaul to unlock upside, positioning it as a light value-add or hands-off hold. At the asking price, the property delivers immediate in-place income with a clear path to improved performance through rent optimization rather than capital-intensive repositioning. Well-suited for investors seeking stable yield, inflation-resistant income growth, and long-term appreciation in the Lehigh Valley.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Natural Gas
Heating: 90% Forced Air
Lot Size: 0.04 Acres
Taxes: $1,177
Year Built: 1870
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Days on Site: 45
Exterior: Advanced Framing, Aluminum Siding, Block
Flooring: Engineered Wood, Carpet, Ceramic Tile
Lot Dimensions: 0.04 Acre(S)
Municipality: ALLENTOWN CITY
Number of Rooms: 5
Sewer: Public Septic
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 1
Units: 1
Water: Public
Local Schools
School District: ALLENTOWN
Listed By / Shown By
Listed By
Agency Name: eXp Commercial
Agency Phone: 8883977352
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 450.50 per month $311.58 Principal & Interest $98.08 Property Tax $40.83 Homeowner's InsuranceChange Payment Information
421 N Hall Street | MLS# PALH2014500
This multi-family property located at 421 N Hall Street, Allentown, PA 18102 is currently listed for sale with an asking price of $140,000. N Hall Street is located within the ALLENTOWN school district. Search Allentown real estate on www.realtymark.net today.