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521 N 6th Street, Allentown, PA 18102

Allentown
Local realty services provided by:CENTURY 21 Gold
521 N 6th Street,Allentown City, PA 18102
$382,500
  • 5 Beds
  • 3 Baths
  • 2,208 sq. ft.
  • Multi-family
  • Active
Listed by: frank j. renaldi, jr.
Office: the real estate firm&propmngmt
MLS#:779204
Source:PA_LVAR

Price summary

  • Price:$382,500
  • Price per sq. ft.:$173.23

About this home

521 N 6th St | Allentown, PA – Income-Producing Rooming House Investment Opportunity Discover a compelling investment opportunity in the heart of Allentown with this cash-flowing rooming house offering stable income and attractive returns. Generating approximately $37,656 in annual gross income and delivering a Net Operating Income of $31,490, this property offers an impressive 8.23% cap rate at the current list price of $382,500. Based on a self-managed ownership model and conservative operating expenses, investors can benefit from strong cash flow and long-term appreciation potential. Positioned to meet the continued demand for affordable housing options, this income-producing asset presents an excellent opportunity for investors seeking immediate returns with additional upside through principal paydown, tax advantages, and future appreciation. Conveniently situated near Downtown Allentown, the property offers easy access to public transportation, major employment centers,...

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Home facts

  • Year built:1890
  • Listing ID #:779204
  • Added:1 day(s) ago
  • Updated:June 22, 2026 at 09:40 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,208 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1890
  • Building area:2,208 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick
  • Levels:3 or More Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$382,500
  • Price per sq. ft.:$173.23
  • Tax amount:$2,537

Parking

  • Parking description:Garage, On Street
  • Garage:Yes

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