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Street View
$349,000
5 Beds
3 Baths3 full baths
2,208sqft
521 N 6th Street, Allentown, PA 18102
$349,000
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Apartment
Built in 1890
$-- HOA
1,921 sqft lot
$158/sq.ft
Description
NEW PRICE: $349,000 w/ Owner Down Payment Financing possible up to $50K as a second lien!!! 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 $349,000, this stabilized asset generates a Current Net Operating Income of $31,140, producing an impressive 8.92% 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 9.78...
Continue Reading- Houzeo last checked: 2 hours ago
- Listing updated: August 26, 2026 at 3:28 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#: 783022
Part of
Property Details
Status
Pending
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
783022
MLS Status
Pending
Days on Market
18
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