22 S 13th Street, Allentown, PA 18102
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
22 S 13th Street,Allentown City, PA 18102
$360,000
- 5 Beds
- 5 Baths
- 2,404 sq. ft.
- Multi-family
- Active
Listed by:jennifer l. dejesus
Office:steel city realty
MLS#:748083
Source:PA_LVAR
Price summary
- Price:$360,000
- Price per sq. ft.:$149.75
About this home
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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Home facts
- Year built:1905
- Listing ID #:748083
- Added:323 day(s) ago
- Updated:September 25, 2025 at 02:55 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,404 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1905
- Building area:2,404 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$149.75
- Tax amount:$2,975
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