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USAPAAllentownNot in Development36 N Jefferson St
36 N Jefferson St, Home with 0 bedrooms, 0 bathrooms and 2 parking in Allentown PA | Image 1
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$384,000

36 N Jefferson St, Allentown, PA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage Yes
Maintenance Fees $808
Taxes $2,477
Days Active 0
Approx. Age 1894
MLS® Number 764649

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This fully occupied 2-unit multifamily generates $41, 160 Gross, $35, 063 Net, 9% Cap @ asking, a turnkey investment opportunity in the heart of Allentown. Delivered with a clear CO, this solid brick property is stabilized & producing income from day one. The 1st-floor 2BR apartment features front & rear entrances & includes garage rental income, while the second & third floors combine to form a spacious 3BR unit. Both apartments feature updated finishes, modern vinyl flooring (no carpets), & in-unit laundry that provides additional revenue. Tenants are responsible, leases are in place, & the building is in strong rental demand due to its location & walkability. Built in 1894, the property boasts character & charm, blending classic brick construction with low-maintenance upgrades. Comparable sales & proven performance strongly support the price, with potential upside in future rent growth. Perfect for investors seeking steady cash flow or an owner-occupant looking to live nearly rent-free. With minimal expenses, reliable tenants, & a strong income stream, this is a rare chance to own a stabilized multifamily with excellent returns. Ideally located near Route 22, 78, & 309, the property offers access to major highways, retail corridors, & downtown Allentown’s growing business & entertainment scene. Surrounded by top hospitals, universities, & the region’s booming logistics & warehouse industry, the property benefits from strong economic drivers & consistent tenant demand.Show Description
MLS® Number764649
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1894
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CWall Window Units
Heating Fuel

Extras

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