22 South 13th Street Allentown, PA 18102
Multi-Family (2-4 Units)
MLS #: 748083
Courtesy Of Steel City Realty
Property InformationDescription
Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential!
Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces.
Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy.
High Demand Rental Market: Allentown is growing, and there s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline.
Efficient Management and Turnover: This property s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels.
Value-Add Potential: Minor upgrades could boost rents and enhance property value.
Strong Market Fundamentals: Allentown s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base.
This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces.
Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy.
High Demand Rental Market: Allentown is growing, and there s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline.
Efficient Management and Turnover: This property s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels.
Value-Add Potential: Minor upgrades could boost rents and enhance property value.
Strong Market Fundamentals: Allentown s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base.
This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
Features
- Age: New Construction, Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Exterior Type: Brick
MAP & DIRECTIONS
School Information
22 South 13th Street, Allentown, PA 18102
Elementary School
Grades KG-5 |
Public School
UNION TERRACE ELEMENTARY SCHOOL
Allentown, PA 18104
1939 W Union St
484.765.5481
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
649
Middle School
Grades 6-8 |
Public School
FRANCIS D. RAUB MIDDLE SCHOOL
Allentown, PA 18104
102 S Saint Cloud St
484.765.5301
Distance: 0.6 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
970
High School
Grades 9-12 |
Public School
WILLIAM ALLEN HIGH SCHOOL
Allentown, PA 18104
106 N 17th St
484.765.5001
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
2650
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Mckinley Elementary School | 0.3 mi | Public | 1-5 | |
| Brigadier General Anna Mae Hays Elementary School | 0.5 mi | Public | KG-5 | |
| Grace Montessori School | 0.6 mi | Private | PK-6 | |
| Central Elementary School | 0.6 mi | Public | 1-5 | C+ |
| Jackson Early Childhood Center | 0.6 mi | Public | KG | |
| Ramos Elementary School | 0.7 mi | Public | KG-5 | C- |
| St John Vianney Regional School | 0.7 mi | Private | PK-8 | |
| Cleveland Elementary School | 0.7 mi | Public | 1-5 | |
| Arts Academy Elementary Charter School | 0.8 mi | Public | KG-5 | D+ |
| Lincoln Early Childhood Center | 0.8 mi | Public | PK-5 | |
| Building 21 Allentown | 0.8 mi | Public | 9-12 | D- |
| Cai Learning Academy | 0.9 mi | Private | KG-5 | |
| Jefferson Elementary School | 0.9 mi | Public | PK-5 | C- |
| Trexler Middle School | 1.0 mi | Public | 6-8 | C- |
| Roberto Clemente Charter School | 1.0 mi | Public | KG-12 | C |
| Washington Elementary School | 1.1 mi | Public | 1-5 | C |
| Muhlenberg Elementary School | 1.3 mi | Public | KG-5 | B- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Allentown, PA 18102
| Median Age: | 32.2 |
|---|---|
| Married: | 27% |
| Number of Households: | 17,743 |
| Households with Children: | 39.2% |
Allentown, PA 18102
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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