608 Park Street Allentown City, PA 18102
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Coldwell Banker Hearthside / Nicholas Smith / Chelsea Vassa

  608 Park Street Allentown City, PA 18102

Active
$240,000
6
BED
2
BATH
2,226
SQFT

Description

Historic Allentown Legal 2-Family – Clean Setup, Strong Returns. Legally zoned 2-family residence with long-term ownership (nearly 30 years). This well-maintained property includes: Main House: 4–5 bedrooms across three levels + full basement. Estimated rent: $1,900/month. Rear Unit: Detached 2-bedroom with private entrance from the back street. Currently rented at $650/month, tenant pays all utilities. (Rent is below Market Value). Cap Rate: 10.6% based on $240,000 asking price. Backyard is fully decked for low-maintenance shared outdoor space. Separate entrances and utilities create a clean, efficient two-unit setup ideal for any investor looking for strong returns with upside potential.

MLS #:
758950
Taxes
$2,245
Lot Size
1,498 SQFT
Type
Multifamily
Year Built
1900
School District
Allentown
County
Lehigh County
Community
Old Frgrnds Historic

Listed By

Nicholas Smith, Coldwell Banker Hearthside
Chelsea Vassa, Coldwell Banker Hearthside
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 8 2025 at 3:16 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • Old Frgrnds Historic
Heating and Cooling
  • Baseboard
  • Electric
  • Hot Water
  • Oil
  • Radiator(s)
  • Ceiling Fan(s)
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • No Garage
  • On Street
Stories
  • 3
Living Area
  • 2,226 sqft
Location
   
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