542 N 6th Street, Allentown, PA 18102 (MLS # 773194)
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5-Unit Multifamily + 4 Garage Rentals Offered at $705,000 8.49% Cap | 1.53 DSCR | 11.8% CoC Return This stabilized five-unit multifamily asset with four additional garage rentals offers strong in-place income, excellent leverage compatibility, and a diversified unit mix that supports long-term stability. With an 8.49% cap rate at list price and a projected 1.53 DSCR under 6.25% financing assumptions, the property provides immediate cash flow while maintaining strong downside protection.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/16/2026 |
|---|---|---|---|
| TRACT | Old Frgrnds Historic | YEAR BUILT | 1895 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Allentown-Central |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 2439 sq ft |
| LOT DIMENSIONS | 2457 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Old Frgrnds Historic |
| TAXES | 6848 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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