256 East Hamilton Street

Allentown, PA 18109

$330,000
Price
6
Beds
2,430 Sq. Ft.
$136 / Sq. Ft.
2,430
Sq. Ft.
$136
per Sq. Ft.

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!
  1. Listed by Rick Matos • IronValley RE of Lehigh Valley

Property Details for 256 East Hamilton Street

Area
Allentown-East
Sub division
Not in Development
LISTING UPDATED: 12/19/2024 08:58 AM

Property Details for 256 East Hamilton Street

StatusUnder Agreement
MLS #749666
Days on Market11
Taxes$3,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built1890
Lot Size0.15 AC / 6,599 SF
CountyLehigh 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

Summary
Location and General Information
Parking
  • Garage: Off & On Street, Parking Lot
  • ParkingSpaces: 8
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $429.79
  • Lawn Snow Removal: $0
  • Maintenance Repair: $1,000
  • Management: 0
  • Municipal Taxes: $895.62
  • School Taxes: $2,574.53
  • Total Taxes: $3,899.94
Property
Lot Information
  • Acres: 0.151
  • APN: 640772278823001
  • Lot Size Source: Tax Records
  • Zoning Code: B-3-HIGHWAY BUSINESS
Property and Assessments
  • County Assessment: $113,700.00
  • Property SubType Category: Detached
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $37,200.00
  • Insurance: $1,100
  • Net Income: $32,200.00
  • Operating Expense: $0
  • Other Expenses: $0
  • Trash Removal: 800
  • Total Unit Count: 2
  • Total Units: 2
Unit 2
  • Unit Total2 Bedrooms: 1
Unit 4
  • Unit Total4 Bedrooms: 1

Property History for 256 East Hamilton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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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 IronValley RE of Lehigh Valley

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.