Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.7% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity to own a solid Income producing asset in a desirable location in Allentown city. schedule your showing today!
For sale
Price cut: $10.1K (7/29)
$624,900
858-860 N 7th St, Allentown, PA 18102
6beds
2,828sqft
Est.:
Multi Family, Apartment
Built in ----
-- sqft lot
$621,900 Zestimate®
$221/sqft
$-- HOA
What's special
- 102 days
- on Zillow |
- 424 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 01:33pm
Listed by:
Dean F. Alk,
Reinvest Real Estate LLC 610-351-0102
Source: GLVR,MLS#: 756610
Originating MLS: Lehigh Valley MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Features
- Balcony
Interior area
- Total interior livable area: 2,828 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,090.88 Square Feet
Details
- Parcel number: 549794199683 001
- Zoning: R-Mh-Medium High Density
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Escape
- Subdivision: Not in Development
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $108,600
- Annual tax amount: $3,467
- Date on market: 4/30/2025
- Listing terms: Cash,Conventional
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