305 North 2nd Street

Allentown, PA 18102

$329,900
Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Profitable investment opportunity with this 2 unit in Allentown near the downtown excitement! The first floor unit offers a cozy living room, and a beautifully functional kitchen with an exit to the rear covered patio. A spacious bedroom and a bonus room for your creativity remain in the 1st unit. A full bath completes the 1st unit. Upstairs, you'll discover the 2nd unit with a bright & airy living room, and a formal dining room to gather around the table. The eat-in kitchen features an abundance...Profitable investment opportunity with this 2 unit in Allentown near the downtown excitement! The first floor unit offers a cozy living room, and a beautifully functional kitchen with an exit to the rear covered patio. A spacious bedroom and a bonus room for your creativity remain in the 1st unit. A full bath completes the 1st unit. Upstairs, you'll discover the 2nd unit with a bright & airy living room, and a formal dining room to gather around the table. The eat-in kitchen features an abundance of cabinet storage & counterspace, tile backsplash & French doors to the breakfast room. The main living space has a large bedroom, and a 2nd bedroom/bonus room. Living space does not lack with an extended in-law quarter, containing a bedroom, full bath, & kitchenette with a sink & refrigerator. The finished basement allows for a family room/rec room with a laundry closet, full bath with stall shower, a utility room & additional storage space. With a fenced backyard, patio, and 4 designated parking spaces this multi-unit investment property is equipped with all necessities! This is truly an amazing opportunity!
  1. Listed by Kimberly D. Rosado • Keller Williams Allentown

Property Details for 305 North 2nd Street

Area
Allentown-Central
Sub division
Not in Development
LISTING UPDATED: 02/22/2025 05:49 PM

Property Details for 305 North 2nd Street

StatusUnder Agreement
MLS #750793
Days on Market31
Taxes$3,704 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1945
CountyLehigh County

Building Information for 305 North 2nd Street

Building/Complex305 N 2nd StFloor-Stories3Residences2Pet Policy-Pet Policy Details-Year Built1945Building Size-

Property Information for 305 North 2nd Street

Summary
Location and General Information
  • Directions: Follow US-22 E to Fullerton Ave in Fullerton. Take the Fullerton Ave exit from US-22 E 4 min (3.4 mi) Continue on Fullerton Ave. Take American Pkwy to N 2nd St in Allentown
  • School District: Allentown
Parking
  • Garage: Off Street, Parking Pad
  • ParkingSpaces: 4
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $426.38
  • Lawn Snow Removal: $0
  • Maintenance Repair: $50
  • Management: 0
  • Municipal Taxes: $723.66
  • School Taxes: $2,554.15
  • Total Taxes: $3,704.19
Property
Lot Information
  • Acres: 0.115
  • APN: 640733738124 001
  • Lot Size Source: Tax Records
  • Zoning Code: R-Mh-Medium High Density Residential
Property and Assessments
  • County Assessment: $112,800.00
  • Features: Hardwood, Patio, Wash/Dry Hook-ups
  • Property SubType Category: Apartment Style, Converted
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $150
  • Sewer: Public
  • Water: Public
  • Water Sewer: 65
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Gas
Multi Family
Multi-Family Information
  • Gross Income: $3,500.00
  • Insurance: $100
  • Net Income: $3,150.00
  • Operating Expense: $250
  • Other Expenses: $0
  • Trash Removal: 25
  • Total Unit Count: 2
  • Total Units: 2
Unit 2
  • Unit Total2 Bedrooms: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 305 North 2nd 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 305 North 2nd Street

Taxable ValueLand$11,600Additions$101,200Total$112,800
Tax Record2024$3,704 ($309 / month)
Home Facts
Baths2.5Total Finished SqFt3,488 SqFtAbove Grade Finished SqFt3,488 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1888ZoningR-MHCountyLEHIGHAPN640733738124-1

Schools near 305 North 2nd Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sheridan El School
Public1 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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Listing Courtesy of Keller Williams Allentown

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.