***Investment Opportunity: Renovated 2-Unit Property in Desirable East Allentown with 9.5% Cap Rate!*** This spacious 2,400+ sq ft duplex offers modern amenities and strong rental income potential, making it an ideal addition to any investor’s portfolio. Located in the sought-after East Side of Allentown, the property is close to schools, shopping, restaurants and other conveniences, ensuring high tenant demand. 1st Floor Unit features 2 bedrooms with new flooring, updated kitchen & bathroom and access to a cozy covered balcony. 2nd Floor Unit features two floors of living space, 4 generously-sized bedrooms, large kitchen and a modern bathroom with also a private covered balcony for tenant enjoyment. Additionally, the full walkout basement has a full bathroom and it's ideal for additional storage or future development/apartment. A large unpaved parking area with space for multiple vehicles, offering an opportunity for added rental income. Situated in a prime location with easy access to nearby amenities & highways, boosting tenant appeal and retention. With its updated interiors, ample off-street parking and competitive 9.5% cap rate, this property is a must-see for serious investors. Don’t miss out on this lucrative opportunity - schedule your showing today!
Sold for $330,000 on 01/21/25
$330,000
256 E Hamilton St, Allentown, PA 18109
6beds
2,430sqft
Multi Family, Single Family Residence
Built in 1890
-- sqft lot
$339,200 Zestimate®
$136/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 21, 2025 at 01:40pm
Listed by:
Rick Matos 484-515-8705,
IronValley RE of Lehigh Valley
Bought with:
Galina Montes, RS363520
EXP Realty LLC
Source: GLVR,MLS#: 749666
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- None
Interior area
- Total interior livable area: 2,430 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Parking Lot, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 6,577 sqft
Details
- Parcel number: 640772278823001
- Zoning: B-3-HIGHWAY BUSINESS
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick
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
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$339,200
2% more+$6,784
With Zillow Showcase(estimated)$345,984