22 South 13th Street

Allentown, PA 18102

$395,000
Price
5
Beds
5
Baths
2,404 Sq. Ft.
$164 / Sq. Ft.
2,404
Sq. Ft.
$164
per Sq. Ft.
a front view of a residential apartment building with a yard
a view of a patio with table and chairs and wooden floor
a view of a balcony with chairs
a view of a patio with a table and chairs
a brick building with a door and a chair
a view of a bedroom with furniture and windows
a bathroom with a sink and a window
a view of walk in closet with empty racks
a view of a room with wooden floor
an empty room with a mirror and a window
a view of empty room with wooden floor and fan
a view of an empty room
a view of an empty room
a kitchen with refrigerator and cabinets
a kitchen with a refrigerator a sink and cabinets
a kitchen with a refrigerator and window
a view of kitchen with stainless steel appliances granite countertop a stove and a refrigerator
an empty room with windows
a view of a small space with a sink
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a bathroom with a granite countertop sink and a mirror
a kitchen with granite countertop a sink stove and cabinets
a kitchen with a stove a sink dishwasher and a refrigerator with wooden floor
a view of a room with gym equipment
a bathroom with a sink a mirror and a shower
a bathroom with a sink and glass door shower
a white toilet sitting next to a bathroom sink
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
wooden floor in an empty room with a window
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of an empty room
a bedroom with furniture and a flat screen tv
a bedroom with a bed and a flat screen tv
a view of a dining room with furniture
a kitchen that has a stove and a table in it
a kitchen with stainless steel appliances granite countertop a stove a sink and white cabinets
a kitchen with granite countertop a sink and a stove
a bathroom with a toilet and a sink
a white toilet sitting next to a bathroom sink
a view of a balcony with city view
a view of stairs and with wooden fence
a view of street from balcony
a view of a house with wooden door and a tree
a view of a wooden house with a small yard and wooden fence
a front view of a house with garden

Description

Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse...Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. High Demand Rental Market: Allentown is growing, and there’s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline. Efficient Management and Turnover: This property’s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels. Value-Add Potential: Minor upgrades could boost rents and enhance property value. Strong Market Fundamentals: Allentown’s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base. This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
  1. Listed by Jennifer L. DeJesus • Steel City Realty

Property Details for 22 South 13th Street

Area
Allentown-Central
Sub division
Not in Development
LISTING UPDATED: 11/06/2024 01:34 PM

Property Details for 22 South 13th Street

StatusAvailable
MLS #748083
Days on Market11
Taxes$2,975 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1905
CountyLehigh County

Building Information for 22 South 13th Street

Building/Complex22 S 13th StFloor-Stories-Residences5Pet Policy-Year Built1905Building Size-

Property Information for 22 South 13th Street

Summary
Location and General Information
  • Directions: Located in Allentown
  • School District: Allentown
Parking
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $351.54
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $517.17
  • School Taxes: $2,105.82
  • Total Taxes: $2,974.53
Property
Lot Information
  • APN: 549678784561 001
  • Zoning Code: resi-med
Property and Assessments
  • County Assessment: $93,000.00
  • Property SubType Category: Apartment Style, Row/Townhouse
  • Year Built Exception: New Construction
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 2956
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 2101
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Gas
Multi Family
Multi-Family Information
  • Gross Income: $49,964.00
  • Insurance: $1,200
  • Net Income: $39,765.00
  • Operating Expense: $10,199
  • Other Expenses: $0
  • Trash Removal: 968
  • Total Unit Count: 5
  • Total Units: 5
Unit 1
  • Unit Total1 Bedroom: 5

Property History for 22 South 13th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 22 South 13th Street

Taxable ValueLand$5,400Additions$87,600Total$93,000
Tax Record2024$2,975 ($248 / month)
Home Facts
Baths1.5Total Finished SqFt2,404 SqFtAbove Grade Finished SqFt2,404 SqFtStories3Lot Size1,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningB1/RCountyLEHIGHAPN549678784561-1

Schools near 22 South 13th Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Union Terrace El School
Public - K to 5
Francis D Raub Middle School
Public - 6 to 8
William Allen High School
Public - 9 to 12
BRIGADIER GENERAL ANNA MAE HAYS EL SCH
Public - K to 5
Rating
School
Distance
Union Terrace El School
PublicK to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

BRIGADIER GENERAL ANNA MAE HAYS EL SCH
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 22 South 13th Street, Allentown, PA 18102

22 South 13th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on November 6, 2024 by Steel City Realty, it's currently listed at $395,000. It has been on the market for a total of 11 days and was last sold on September 20, 2023. This listing's school district is Allentown City School District. Nearby schools include Union Terrace El School, Francis D Raub Middle School and William Allen High School. 22 South 13th Street is a 5-bed, 5-bath, 2,404 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steel City Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.