3-Unit Investment Property in Allentown
This all-brick, well-maintained building is a prime investment opportunity, ready for its new owner to start generating cash flow. The property features three units:
**Unit 1**: A spacious 2-bedroom, 1-bath apartment located on the first floor. This unit has been updated with modern flooring and a renovated kitchen. It also has direct access to the basement, which includes laundry facilities and a walkout to the backyard.
**Unit 2**: Situated on the second floor, this unit offers 2 bedrooms, 1 bath, and a large kitchen. Tenants will also enjoy access to a private balcony.
**Unit 3**: On the third floor, you'll find a cozy 1-bedroom, 1-bath apartment. This unit includes a living room and an additional small room, perfect for an office or extra storage.
Whether you're an experienced investor or just starting, this property is a solid choice for generating rental income. With all units in good condition and rented, it's ready for immediate occupancy and steady cash flow.
Sold for $360,000 on 10/30/24
$360,000
18 N Madison St, Allentown, PA 18102
5beds
2,474sqft
Townhouse, Multi Family, Single Family Residence
Built in 1905
-- sqft lot
$373,000 Zestimate®
$146/sqft
$1,790 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 30, 2024 at 12:49pm
Listed by:
Anthony Ramos 484-695-4887,
Century 21 Ramos Realty
Bought with:
Anthony Ramos, RM425965
Century 21 Ramos Realty
Source: GLVR,MLS#: 744479
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Hot Water, Radiator(s)
Cooling
- None
Appliances
- Laundry: Washer Hookup
Interior area
- Total interior livable area: 2,474 sqft
Property
Features
- Stories: 3
Lot
- Size: 2,482 sqft
Details
- Parcel number: 549679310604 001
- Zoning: B1/R
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Townhouse, Multi Family, Single Family Residence
Materials
- Brick
Condition
- Unknown
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Escape
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$373,000
2% more+$7,460
With Zillow Showcase(estimated)$380,460