343 N 16Th Street, Allentown, PA 18102 (MLS # 757199)
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This well-maintained two-family property in Allentown offers the perfect blend of immediate cash flow and future upside. The renovated first-floor unit is occupied by a long-term tenant paying $1,250/month, while the spacious 2-bedroom second-floor unit is vacant and move-in ready"”ideal for an owner-occupant or a new tenant. The upstairs unit is now poised to command market rent of approximately $1,650/month. The property features a central boiler (heat paid by landlord), a shared washer and dryer in the basement, and a clear certificate of occupancy in place. Whether you're looking to house hack or expand your rental portfolio, this is a turn-key opportunity with solid fundamentals and value-add potential. Don't miss out on this fantastic opportunity to own a profitable and well-cared-for two-family building. Contact us today to schedule a viewing and make this investment yours! A Minimum of 24 Hour Notice is Required for Showing - Contact Info in Agent Remarks.
| DAYS ON MARKET | 4 | LAST UPDATED | 5/30/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1915 |
| COMMUNITY | Allentown-West | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Allentown |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-West |
| CONSTRUCTION | Brick |
| LOT | 1568 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 2678 |
| WATER | Public |
| ZONING | R-MH-MEDIUM HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Spade Property Management Inc.
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