Terrific 2 unit on quiet street in Allentown. Property consists of a 1-bedroom unit on first floor and a 3-bedroom unit encompassing 2nd and 3rd floors. Rents are well below market rents and could be raised significantly. With proper rent increases and expense reductions, property would be yielding close to a 10% cap rate. This property is a terrific opportunity for both the beginner or savvy investors. This is a definite MUST SEE!!!
Sold for $225,000 on 11/04/22
$225,000
45 S Franklin St, Allentown, PA 18102
4beds
1,888sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$292,600 Zestimate®
$119/sqft
$1,642 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 11, 2023 at 01:32pm
Listed by:
Geoffrey B. Gunn,
RE/MAX Unlimited Real Estate
Bought with:
David S. Ribardo, RS341538
Keller Williams Allentown
Source: GLVR,MLS#: 701453
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Hot Water, Radiator(s)
Cooling
- None
Interior area
- Total interior livable area: 1,888 sqft
Property
Parking
- Parking features: None
Lot
- Size: 1,840 sqft
- Dimensions: 16 x 115
Details
- Parcel number: 549678039589 001
- Zoning: RH
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Siding, Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$292,600
2% more+ $5,852
With Zillow Showcase(estimated)
$298,452