256 East Hamilton Street
$330,000
6
3
2,430
2,430
$136
Under Agreement
Description
Investment Opportunity: Renovated 2-Unit Property in Desirable East Allentown with 9.5% Cap Rate! This spacious 2,400+ sq ft duplex offers modern amenities and strong rental income potential, making it an ideal addition to any investor’s portfolio. Located in the sought-after East Side of Allentown, the property is close to schools, shopping, restaurants and other conveniences, ensuring high tenant demand. 1st Floor Unit features 2 bedrooms with new flooring, updated kitchen & bathroom and access...Investment Opportunity: Renovated 2-Unit Property in Desirable East Allentown with 9.5% Cap Rate! This spacious 2,400+ sq ft duplex offers modern amenities and strong rental income potential, making it an ideal addition to any investor’s portfolio. Located in the sought-after East Side of Allentown, the property is close to schools, shopping, restaurants and other conveniences, ensuring high tenant demand. 1st Floor Unit features 2 bedrooms with new flooring, updated kitchen & bathroom and access to a cozy covered balcony. 2nd Floor Unit features two floors of living space, 4 generously-sized bedrooms, large kitchen and a modern bathroom with also a private covered balcony for tenant enjoyment. Additionally, the full walkout basement has a full bathroom and it's ideal for additional storage or future development/apartment. A large unpaved parking area with space for multiple vehicles, offering an opportunity for added rental income. Situated in a prime location with easy access to nearby amenities & highways, boosting tenant appeal and retention. With its updated interiors, ample off-street parking and competitive 9.5% cap rate, this property is a must-see for serious investors. Don’t miss out on this lucrative opportunity - schedule your showing today!
- Listed by Rick Matos • IronValley RE of Lehigh Valley
Property Details for 256 East Hamilton Street
Area
Allentown-East
Sub divisionNot in Development
LISTING UPDATED: 12/19/2024 08:58 AM
Property Details for 256 East Hamilton Street
Status | Under Agreement |
---|---|
MLS # | 749666 |
Days on Market | 11 |
Taxes | $3,900 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Detached |
Year Built | 1890 |
Lot Size | 0.15 AC / 6,599 SF |
County | Lehigh County |
Building Information for 256 East Hamilton Street
Stories3Residences2Year Built1890Building Size-Lot Size0.15 AC / 6,599 SF
Property Information for 256 East Hamilton Street
Property History for 256 East Hamilton Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 256 East Hamilton Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mosser El School PublicK to 5 | ||
Harrison-Morton Middle School Public6 to 8 | ||
Louis E Dieruff High School Public9 to 12 | ||
Building 21 Allentown Public9 to 12 |
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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