Listed price in listed location currency (USD).
$382,500

530

MLS® 779204

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 2208 sqft
Garage Yes
HOA Fees 
Taxes $2,537
Days Active 0
Approx. Age 1890
Avg. Price Per Sqft $173
MLS® Number 779204

Property Address: 521 N 6th St, Allentown, PA, 18102-2952

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number779204
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1890
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$382,500List Price
  • Commute

Commute

Starting Address
Destination Address
521 N 6Th St, Allentown, PA

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