22 South 13th Street, Allentown City, PA 18102
22 South 13th Street

22 South 13th Street

22 South 13th Street, Allentown City, PA

$395,000

HIGHLIGHTS
  • 5 Beds
  • 5 Full Baths
  • 2,404 Sq.Ft. Living
  • 1905 Year Built
  • For Sale Status
  • 748083 MLS® ID
Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential!

Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces.

Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy.

High Demand Rental Market: Allentown is growing, and there's an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline.

Efficient Management and Turnover: This property's setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels.

Value-Add Potential: Minor upgrades could boost rents and enhance property value.

Strong Market Fundamentals: Allentown's job growth and revitalization create a high-demand rental market, perfect for a stable tenant base.

This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
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Jennifer De Jesus

Jennifer De Jesus

Realtor® / Owner

FEATURES & AMENITIES

Interior

  • Total Bedrooms5
  • Total Bathrooms5
  • Full Bathrooms5

Area & Lot

  • Status For Sale
  • Living Area2,404 Sq.Ft.
  • MLS® ID748083
  • TypeCondo
  • YEAR BUILT1905
  • School DistrictAllentown

Exterior

  • Water SourcePublic
  • sewerPublic Sewer

Financial

  • Sales Price$395,000
  • Real Estate Tax $2,975/yr
  • Zoning resi-med

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