UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $168
Subdivision Not In Development
MLS Listing ID 772209
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1910
Lot Size 1,785 Sqft
Acres 0.041
Property Sub-Type Apartment
Property Description
Both apartments are nicely sized, providing comfortable living space that supports tenant retention. The second-floor unit spans two levels, creating a townhouse-style layout that enhances appeal, while the top apartment includes an in-unit washer and dryer, adding convenience and rental strength.
Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited strictly to taxes and insurance, resulting in a minimal-expense structure and highly efficient operations.
Additional value is supported by two off-street parking spaces, a desirable feature in this location. Situated in a core Lehigh Valley location, the property benefits from strong tenant demand, proximity to employment centers, and long-term rental stability.
With durable in-place income, low operating expenses, and a highly efficient utility structure, this asset is well suited for investors seeking predictable cash flow and stable performance in a prime rental corridor.
Location
State PA
County Lehigh
Area Allentown-West
Direction merge onto US-22 W via the ramp to Harrisburg take the exit toward 15th Street follow signs for Allentown Use any lane to turn slightly left onto Mauch Chunk Rd Continue onto 15th St Pass by AutoZone (on the right Follow Liberty St to N 14th St
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 3
Building
Story 3
Sewer Septic Tank
Water Public
Schools
School District Allentown
Others
Senior Community No
Tax ID 549761232363 1
Special Listing Condition None