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638 N 16th Street, Allentown, PA 18102

Allentown
Local realty services provided by:CENTURY 21 Gold
638 N 16th Street,Allentown City, PA 18102
$335,000
  • 2 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kristina fattorusso, vinny fattorusso
Office: re/max real estate
MLS#:759873
Source:PA_LVAR

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Price summary

  • Price:$335,000

About this home

Investor Alert! Turnkey duplex just 2 minutes from the Allentown Fairgrounds, perfect for building/expanding your portfolio, or live in one unit, and rent the other. Long-term ownership since the 1970s shows pride of care. Each unit has separate utilities, economical gas heat, and month-to-month tenant who wants to stay (first floor currently vacant). Current rents are well below market, with a CAP rate of 5.8%—and potential to reach 8–9% with market-level rents. The first-floor unit includes 1 bed, 1 bath, kitchen, living room, and basement access with laundry. The spacious second-floor unit features a private entrance, covered porch, brand-new central air/heating rooftop unit (June 2025), eat-in kitchen, living room, dining area, half bath with washer/dryer, and an upper-level bedroom with full bath and Jacuzzi tub. Both apartments offer two points of entry for added convenience and flexibility. A rare 2-car garage allows for off-street parking, a huge bonus in this area....

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Home facts

  • Year built:1910
  • Listing ID #:759873
  • Added:275 day(s) ago
  • Updated:April 05, 2026 at 06:15 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1910
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$335,000
  • Tax amount:$2,932

Parking

  • Total parking spaces:2
  • Parking description:Garage
  • Garage:Yes

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