521 N 6th Street, Allentown, PA 18102 (MLS # 779204)

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PRICE $382,500 BEDS 5 BATHS 3 HOME SIZE 2,208 sqft LOT SIZE 1,917 sqft Request More Info Schedule a Showing

521 N 6th St | Allentown, PA - Income-Producing Rooming House Investment Opportunity Discover a compelling investment opportunity in the heart of Allentown with this cash-flowing rooming house offering stable income and attractive returns. Generating approximately $37,656 in annual gross income and delivering a Net Operating Income of $31,490, this property offers an impressive 8.23% cap rate at the current list price of $382,500. Based on a self-managed ownership model and conservative operating expenses, investors can benefit from strong cash flow and long-term appreciation potential. Positioned to meet the continued demand for affordable housing options, this income-producing asset presents an excellent opportunity for investors seeking immediate returns with additional upside through principal paydown, tax advantages, and future appreciation. Conveniently situated near Downtown Allentown, the property offers easy access to public transportation, major employment centers, shopping, dining, and everyday conveniences. The area's ongoing revitalization and continued demand for workforce housing support long-term occupancy and future growth potential. Whether you're expanding an existing portfolio or acquiring your first income-producing asset, 521 N 6th St presents an opportunity to secure a cash-flowing property in one of the Lehigh Valley's most active rental markets.