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Pending
  • Price cut: $15K (5/14)
    $250,000

    123 N Penn St, Allentown, PA 18102

    5beds
    2,350sqft
    : 
    Townhouse
    Built in 1890
    1,960.2 Square Feet Lot
    $247,600 Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Fresh paintBrand-new windowsModernized bathroom
    Exceptional Investment Opportunity! Don’t miss this 12% cap rate fully renovated 5-bedroom, 1.5-bath home, 1 car detached garage, beautifully updated in 2024 with brand-new windows, doors, flooring, fresh paint, and a modernized bathroom. Currently leased at $2,500/month with a one-year lease—tenants cover all utilities, keeping your operating costs impressively low. Located just minutes from vibrant downtown Allentown, with easy access to Starbucks, restaurants, shops, and major commuting routes. Whether you're expanding your portfolio or making your first investment, this property delivers strong cash flow and long-term value. Add this high-performing asset to your portfolio today! Home will come with clear CO.
    95 days
    on Zillow
    |
    32
    |
    0
    |

    Zillow last checked: 8 hours ago

    Listing updated: June 09, 2025 at 01:03pm

    Listed by:

    Shawn Dullavin Sr,

    EXP Realty LLC 888-397-7352

    Source: GLVR,MLS#: 756660MLS LogoOriginating MLS: Lehigh Valley MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Third
    • Dimensions: 10.00 x 11.00
    Bedroom
    • Level: Second
    • Dimensions: 10.00 x 11.00
    Bedroom
    • Level: Third
    • Dimensions: 13.00 x 12.00
    Bedroom
    • Level: Second
    • Dimensions: 13.00 x 13.00
    Bedroom
    • Level: Second
    • Dimensions: 12.00 x 13.00
    Dining room
    • Level: First
    • Dimensions: 12.00 x 11.00
    Foyer
    • Level: First
    • Dimensions: 10.00 x 3.00
    Other
    • Level: Second
    • Dimensions: 8.00 x 8.00
    Half bath
    • Level: Basement
    • Dimensions: 5.00 x 6.00
    Kitchen
    • Level: First
    • Dimensions: 15.00 x 12.00
    Living room
    • Level: First
    • Dimensions: 13.00 x 14.00
    Other
    • Level: Basement
    • Dimensions: 60.00 x 14.00
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, ENERGY STAR Qualified Appliances, Electric Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup
    Features
    • Dining Area, Separate/Formal Dining Room, Eat-in Kitchen
    • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Luxury VinylPlank
    • Basement: Full
    Interior area
    • Total interior livable area: 2,350 sqft
    • Finished area above ground: 1,750
    • Finished area below ground: 600

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Exterior features: Awning(s), Balcony, Fence
    • Fencing: Yard Fenced
    Lot
    • Size: 1,960.2 Square Feet
    Details
    • Parcel number: 640721171189 001
    • Zoning: R-H-High Density Resident
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Brick
    • Roof: Other
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $76,400
    • Annual tax amount: $2,489
    • Date on market: 5/1/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership type: Fee Simple
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