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22 South 13th Street
Allentown PA 18102 US

$395,000

Active Listing ID 748083
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5 bed
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5.00 Bath (5 Full)
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Other

$395,000

Active Listing ID 748083
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22 South 13th Street 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 395000
  • unparsedaddress: 22 South 13th Street
  • postalcity: Allentown
  • stateorprovince: PA
  • country: US
  • postalcode: 18102
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2404
  • livingareaunits: Square Feet
  • listagentfullname: Jennifer L. DeJesus
  • listagentemail: jen@dejesusteam.com
  • listagentkey: 3yd-LVARPA-dejesus
  • listagentmlsid: dejesus
  • listagentpreferredphone: 4848959005
  • listagentofficephone: 4848959005
  • listofficekey: 3yd-LVARPA-STEEL
  • listofficemlsid: STEEL
  • disclaimer: Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LVARPA
  • yearbuilt: 1905
  • listingcontractdate: 2024-11-06
  • listagenturl: https://www.SteelCityRealEstate.com
  • countyorparish: Lehigh
  • elementaryschooldistrict: Allentown
  • middleorjuniorschooldistrict: Allentown
  • highschooldistrict: Allentown
  • constructionmaterials: Brick
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Steel City Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jennifer.de.jesus@followupboss.me", "ListBrokerageCity":"Bethlehem", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Sales@steelcityrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/LVARPA/39c5c2f175ab11e98b350242ac110004/20190513182345387.png", "ListBrokerageName":"Steel City Realty", "ListBrokeragePhone":"484-895-9005", "ListBrokeragePostalCode":"18018", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"26 W. Broad St", "ListBrokerageWebsiteUrl":"https://www.SteelCityRealEstate.com", "ListOfficeAddress1":"456 Union Boulevard", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"881263529", "ListOfficeCity":"Allentown", "ListOfficeCountry":"US", "ListOfficeEmail":"jen@dejesusteam.com", "ListOfficePostalCode":"18018", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment Style, Row/Townhouse - Allentown, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/22-S-13th-St_Allentown_PA_18102_M98595-12871?f=listhub&s=LVARPA&m=748083&c=rexren", "MLSModificationTimestamp":"2024-11-06T13:34:17Z", "Neighborhoods":[{"Description":null, "Name":"Allentown-Central"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2974.53, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 7:32:06 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Jennifer L. DeJesus, Steel City Realty, jen@dejesusteam.com

Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.