Seize this cash-flowing investment opportunity in the heart of Allentown! This fully occupied 3-unit multifamily property offers immediate rental income with long-term tenants in place and leased units generating strong returns. The building consists of 1 studio, 1 -1 bedroom, 1- 2 bedroom unit. LL pays water/sewer/trash for unit 2 only! Both other units pays all their own utilites. Tenants do snow removal and any lawn maintenance. All utilites separated. No common electric here! 2 Units have gas heat, the other has electric heat. Make this great investment yours today!
For sale
Price cut: $25K (4/15)
$350,000
1550 Warren St, Allentown, PA 18102
4beds
1,566sqft
Est.:
Townhouse
Built in 1920
-- sqft lot
$346,600 Zestimate®
$223/sqft
$-- HOA
What's special
- 33 days
- on Zillow |
- 919 |
- 47 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 05:16am
Listed by:
Jennifer L. DeJesus 610-217-6330,
Steel City Realty 484-895-9005
Source: GLVR,MLS#: 754174
Originating MLS: Lehigh Valley MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Natural Gas, Radiator
Cooling
- No Air
Features
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,566
- Total interior livable area: 1,566 sqft
Property
Features
- Stories: 2
Lot
- Size: 1,001.88 Square Feet
Details
- Parcel number: 549750178994001
- Zoning: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Townhouse
Materials
- Brick
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $79,000
- Annual tax amount: $2,517
- Date on market: 3/24/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Lease term: 1 + Year
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