Welcome to your next lucrative investment opportunity in the heart of Center City Allentown!
Introducing a fantastic 2-unit duplex strategically located near public transportation hubs, ensuring convenient access for tenants and maximizing rental potential.
Key Features:
**Prime Location: Located in vibrant Center City Allentown, this property enjoys proximity to the amenities that city living has to offer.
**Investment Gem: With a remarkable 9.00% cap rate, this duplex promises an impressive return on investment from day one.
** Dual Units: Highlighting two separate units, each with its distinct charm, this property offers flexibility and multiple income streams.
**Revenue Rental: Perfect for savvy investors seeking consistent cash flow, this duplex is primed to generate significant rental income.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to dive into the world of real estate, this duplex presents an unparalleled opportunity. Don't miss out on the chance to secure your financial future with this revenue-generating gem in Center City Allentown.
Contact us today to schedule a viewing and seize this exceptional investment opportunity!
Garages are not part of this property.
Sold for $265,000 on 06/14/24
$265,000
508 N Silk St, Allentown, PA 18102
6beds
--sqft
Multi Family
Built in 1917
-- sqft lot
$280,600 Zestimate®
$--/sqft
$1,637 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 14, 2024 at 09:51am
Listed by:
Adalgisa Peralta 732-585-3024,
Coldwell Banker Hearthside
Bought with:
Dan Russoli, RS321968
Coldwell Banker Hearthside
Source: GLVR,MLS#: 734796
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Cooling
- None
Property
Parking
- Parking features: No Garage, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two and One Half
- Stories: 2
Lot
- Size: 1,500 sqft
- Dimensions: 30 x 50
Details
- Parcel number: 549792682429 001
- Zoning: R-Mh-Medium High Density
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Unknown
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$280,600
2% more+$5,612
With Zillow Showcase(estimated)$286,212