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$369,500
5 Beds
3 Baths3 full baths
2,208sqft
521 N 6Th St, Allentown City, PA 18102
$369,500
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Apartment
Built in 1890
$-- HOA
1,921 sqft lot
$167/sq.ft
Description
Now Offered at $369,500
521 N. 6th Street presents an exceptional opportunity to acquire a fully licensed Single Room Occupancy (SRO) investment delivering immediate cash flow, strong operating performance, and meaningful upside in one of the Lehigh Valley’s most resilient rental markets.
Priced at just $369,500, this stabilized asset generates a Current Net Operating Income of $31,140, producing an impressive 8.43% capitalization rate. Through modest rent optimization and continued professional management, the property offers a projected Pro Forma NOI of $34,140, increasing returns to an outstanding 9.24% pro forma cap rate. These performance metrics position the prope...
- Houzeo last checked: 48 minutes ago
- Listing updated: July 9, 2026 at 1:17 pm
- Listing Provided by: Frank J. Renaldi, Jr. (484) 788-8682 | The Real Estate Firm&PropMngmt (484) 542-6568
- Source: Greater Lehigh Valley MLS-PA | MLS#: 779204
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
2,208 sqft
Lot Size
1,921 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
779204
MLS Status
Active
Days on Market
34
Cumulative Days on Market
22
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