Pennsylvania
Allentown City
608 Park Street

$240,000

608 Park Street, Allentown City, PA 18102

6 beds |
2 baths |
2,226 sqft

Town Home
Built in 1900
1,481sqft lot
—— car garage
$108/sqft
Listed 7 days ago

Property Description

Historic Allentown Legal 2-Family – Clean Setup, Strong Returns. Legally zoned 2-family residence with long-term ownership (nearly 30 years). This well-maintained property includes: Main House: 4–5 bedrooms across three levels + full basement. Estimated rent: $1,900/month. Rear Unit: Detached 2-bedroom with private entrance from the back street. Currently rented at $650/month, tenant pays all utilities. (Rent is below Market Value). Cap Rate: 10.6% based on $240,000 asking price. Backyard is fully decked for low-maintenance shared outdoor space. Separate entrances and utilities create a clean, efficient two-unit setup ideal for any investor looking for strong returns with upside potential.

Listing Status:: Active
Listing Office:: Coldwell Banker Hearthside : (610) 465-5600
MLS ID:: 758950

A/C: Ceiling Fan(s)
Heating: BaseboardElectricHot WaterOilRadiator(s)

This listing courtesy of Coldwell Banker Hearthside

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cleveland Elementary School

424 N 9th St, Allentown, PA, 18102

Grades 1-5

0.33 miles away

Harrison-Morton Middle School

137 N 2nd St, Allentown, PA, 18101

Grades 6-8

0.78 miles away

Building 21 Allentown

265 Lehigh St, Allentown, PA, 18102

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.