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Joy and Dave Flood Realtors
858 N 7th St, Allentown, PA 18102
- $612,000
- 7
- BD
- 5
- BA
- 2,828
- SqFt
- Sold Price
- $612,000
- List Price
- $624,900
- Closing Date
- Mar 27, 2026
- MLS#
- 756610
- Status
- CLOSED
- City
- Allentown
- Area
- Allentown-Central
- County
- Lehigh
- Neighborhood
- Not In Development
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 2,828
- Lot Size
- 2,082
Property Description
Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity to own a solid Income producing asset in a desirable location in Allentown city. schedule your showing today!
Additional Information
- Acres
- 0.05
- Cooling
- Window/Wall
- Interior Features
- Balcony
- Living Area
- 2,828
- Lot Size
- 2,082
- Region
- Allentown-Central
- School District
- Allentown
- Sewer
- Public Sewer
- Taxes
- $3,467
- Zoning
- R-Mh-Medium High Density
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Listing provided by Reinvest Real Estate LLC
Selling Office: I-Do Real Estate.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.