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Betsy Caruso

betsycarusorealtor@gmail.com +1(610) 952-1323

Listed by james Reardon • eXp Commercial

$319,000

Est. payment - /mo

1,882 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 1,882 sqft

Price per Sqft $169

MLS Listing ID PALH2014702

Style Other

Abv Grd Liv Area 1,882

Year Built 1910

Annual Tax Amount $2,478

Tax Year 2025

Lot Size 1,800 Sqft

Acres 0.04

Lot Dimensions 15.00 x 120.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Fully occupied two-unit investment property generating $30,063 in gross income and $26,043 in net income. The asset consists of one 2-bedroom unit and one 3-bedroom unit, offering a strong and functional unit mix supported by consistent rental demand in the Lehigh Valley. Both apartments are nicely sized, providing comfortable living space that supports tenant retention. The second-floor unit spans two levels, creating a townhouse-style layout that enhances appeal, while the top apartment includes an in-unit washer and dryer, adding convenience and rental strength. Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited strictly to taxes and insurance, resulting in a minimal-expense structure and highly efficient operations. Additional value is supported by two off-street parking spaces, a desirable feature in this location. Situated in a core Lehigh Valley location, the property benefits from strong tenant demand, proximity to employment centers, and long-term rental stability. With durable in-place income, low operating expenses, and a highly efficient utility structure, this asset is well suited for investors seeking predictable cash flow and stable performance in a prime rental corridor.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning R-MH

Rooms

Basement Outside Entrance, Poured Concrete, Side Entrance, Full

Interior

Hot Water Electric

Heating Baseboard - Electric, Baseboard - Hot Water

Cooling None

Fireplace N

Heat Source Electric, Natural Gas

Exterior

Exterior Feature Balcony, Patio(s)

Garage Spaces 3.0

Water Access N

Accessibility 2+ Access Exits

Porch Balcony, Patio(s)

Total Parking Spaces 3

Garage N

Building

Foundation Block, Stone

Above Ground Finished SqFt 1882

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Allentown

Others

Tax ID 549761232363-00001

Ownership Fee Simple

SqFt Source 1882

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Nearby School & Business

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Betsy Caruso

+1(610) 952-1323

Agent | License ID: RS327739

Agent License ID: RS327739

1352 W LIBERTY ST Allentown, PA 18104

Betsy Caruso

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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