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Listed price in listed location currency (USD).
$289,900

324

MLS® 775224

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 1918 sqft
Garage 
HOA Fees 
Taxes $3,035
Days Active 0
Approx. Age 1915
Avg. Price Per Sqft $151
MLS® Number 775224

Property Address: 240 E Hamilton St, Allentown, PA, 18109-2548

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

Description

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! ¡Se Habla Español! Please do not disturb tenants!
MLS® Number775224
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1915
Stories3
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$289,900List Price
  • Commute

Commute

Starting Address
Destination Address
240 E Hamilton St, Allentown, PA

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