Pennsylvania
Allentown City
123 North penn Street

$250,000

123 North penn Street, Allentown City, PA 18102

5 beds |
2 baths |
2,350 sqft

Town Home
Built in 1890
1,960sqft lot
—— car garage
$106/sqft
Listed 2 months ago

Property Description

Exceptional Investment Opportunity! Don’t miss this 12% cap rate fully renovated 5-bedroom, 1.5-bath home, 1 car detached garage, beautifully updated in 2024 with brand-new windows, doors, flooring, fresh paint, and a modernized bathroom. Currently leased at $2,500/month with a one-year lease—tenants cover all utilities, keeping your operating costs impressively low. Located just minutes from vibrant downtown Allentown, with easy access to Starbucks, restaurants, shops, and major commuting routes. Whether you're expanding your portfolio or making your first investment, this property delivers strong cash flow and long-term value. Add this high-performing asset to your portfolio today! Home will come with clear CO.

Listing Status:: Active
Listing Office:: EXP Realty LLC : (888) 397-7352
MLS ID:: 757918

A/C: Wall/Window Unit(s)
Heating: Baseboard

This listing courtesy of EXP Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln Early Childhood Center

, Allentown, PA, 18102

Grades PK-5

0.25 miles away

Harrison-Morton Middle School

137 N 2nd St, Allentown, PA, 18101

Grades 6-8

0.42 miles away

Building 21 Allentown

265 Lehigh St, Allentown, PA, 18102

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.