723 N New St, Allentown, PA 18102

Property Description

Welcome to this 4-bedroom, 1-bath home in Allentown, PA, offering a great combination of value, updates, rental income, and low property taxes. Newer flooring was installed throughout the home last year, giving the property a fresh and updated feel. Currently tenant occupied on a month-to-month lease, this property generates $1,700 per month in rental income, with tenants responsible for all utilities, including water, sewer, and trash. The home features efficient gas heat, helping keep ongoing expenses manageable. Whether you're an investor looking for an income-producing property or a first-time homebuyer looking for an opportunity to build equity, this home is worth a look. Conveniently located near shopping, restaurants, parks, and major highways, providing easy access to everything Allentown and the surrounding Lehigh Valley have to offer. Low property taxes, existing rental income, newer flooring, and a convenient location make this a property with plenty of potential. Schedule your showing today!