240 E HAMILTON Street, Allentown, PA 18109 (MLS # 775224)
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9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! 484-871-9337 ¡Se Habla Español! Please do not disturb tenants!
| DAYS ON MARKET | 1 | LAST UPDATED | 4/16/2026 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1915 |
| COMMUNITY | Allentown-East | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-East |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 1917 sq ft |
| LOT DIMENSIONS | 1934 |
| PARKING | Off Street, Parking Pad |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 3034.93 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Light House Realty LV LLC
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