Attention investors! Feast your eyes on this fantastic opportunity at 239 N Church St in Allentown! This end-of-row single-family home is a lucrative addition to any portfolio, boasting a remarkably high cap rate for the area. With three bedrooms and one bathroom, this property is perfectly positioned for rental success. Tenants cover all utilities, while you handle insurance and taxes, ensuring a hassle-free investment. Generating a gross rental income of $17,115 and boasting manageable expenses of $2,105, this property yields an impressive net income of $15,010 annually, translating to a cap rate of approximately 10.72%. Moreover, its proximity to 236 N Church St, also for sale by the same owner, presents a unique chance to acquire multiple income-generating properties in one go. Don't miss out on this golden opportunity to secure consistent returns and expand your investment portfolio in Allentown!
Sold for $140,000 on 04/19/24
$140,000
239 N Church St, Allentown, PA 18102
3beds
1,094sqft
Townhouse, Multi Family
Built in 1890
1,481.04 Square Feet Lot
$155,400 Zestimate®
$128/sqft
$1,670 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 21, 2024 at 10:33am
Listed by:
Jennifer L. DeJesus 610-217-6330,
Steel City Realty
Bought with:
Ronald S. Bowser, RS349375
Steel City Realty
Source: GLVR,MLS#: 733377
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Gas, Radiator(s)
Cooling
- None
Interior area
- Total interior livable area: 1,094 sqft
Property
Parking
- Total spaces: 2
Features
- Levels: Two and One Half
- Stories: 2
Lot
- Size: 1,481 sqft
Details
- Parcel number: 640701891572001
- Zoning: R-MH-MEDIUM HIGH DENSITY
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$155,400
2% more+$3,108
With Zillow Showcase(estimated)$158,508