USAPAAllentownNot in Development437 W Allen St

437 W Allen St, Allentown, PA

Name: 437 W Allen St, For Sale in Allentown - Zoocasa
Brand: Steel City Realty
SKU: 779067
Price: 437800 USD

Condo

For Sale

Listed price in listed location currency (USD).

$437,800

535

MLS® 779067

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 2112 sqft

Garage Yes

Maintenance Fees

Taxes $4,630

Days Active 76

Approx. Age 1900

Avg. Price Per Sqft $207

MLS® Number 779067

Property Address: 437 W Allen St, Allentown, PA, 18102-2436

Average square foot calculated using Size range provided by listing agent.

Description

Just reduced! 4 unit investment property.. Potential gross income $57, 000 with a potential net income of $46700. Three apartments plus a large basement and garage to be rented, basement only 2 steps down. An exceptional real estate investment opportunity awaits with this all-brick, three-story multi-family apartment building perfectly situated in the heart of Central Allentown. This well-maintained property features a total of four spacious units, offering a versatile mix of a 2-bedroom layout, two 1-bedroom configurations, and a lower-level basement and garage space primed for additional rental income. Boasting an impressive projected gross annual income of $57, 000 and a strong R-MH zoning code, this building comes equipped with efficient electric baseboard heating and five convenient on- and off-street parking spaces.Location is everything, and this property puts tenants right in the center of a thriving, high-demand rental market. Residents will enjoy incredible walkability and seamless access to Allentown’s vibrant, revitalized downtown, packed with diverse dining, local shopping, and entertainment. The building is just minutes from excellent public parks, community cultural centers, and robust local employment hubs. With its close proximity to major highways and public transportation, it offers an effortless commute throughout the entire Lehigh Valley. Perfect for investors looking to expand their portfolio, this property presents a solid, reliable stream of revenue from day one in one of the city's most convenient neighborhoods.

MLS® Number779067

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1900

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Electric

A/CNone

Extras

Map

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