22 13th Street
Description
Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. High Demand Rental Market: Allentown is growing, and there’s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline. Efficient Management and Turnover: This property’s setup allows for efficient management and faster tenant turnov
$395,000
| Type: | Investment Property |
| Built: | 1905 |
| County: | Lehigh |
| Area: | Allentown City |
| Listing Office: | Steel City Realty |
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Exterior Features
| Approximate Lot Size | 0.000 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | No Air |
| Heating | Gas |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms | 0 |
Property Features
| Sewer | Public |
| Sub Property Type | |
| Taxes | $2,974.53 |
| Municipal Tax ID | 0 |
| Utilities | |
| Water | Public |
| Year Built Description | New Construction |
| Square Footage | 2404 |
| Cost per Square Foot | $164.31 |
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