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19 S Madison St, Allentown, PA, 18102

5beds
2baths
--sqft
$305,000
--price/sqft
$2,295/moest. monthly cost
$91,800/yrincome needed

About This Home

Group showing on 5/8, Friday 1pm,and 5/16 Saturday 5pm. Welcome to this fully occupied 2-unit investment property offering immediate cash flow and long-term appreciation—a perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. This place has a new water heater and has been recently renovated. Unit 1 is a 2 Bedroom unit and is rented for $1,150 per month and has room for growth. Unit 2 is a 4 Bedroom located on the 2nd and 3rd floor and is leased at $1,495 per month. The rents are far below the market. Tenants are responsible for electricity and heat with separate electricity and gas meters. There are two off-street parking spaces in addition to on-street parking. Close to a park, public transit and Lehigh Valley Mall, offering premier shopping and dining at your doorstep.

Getting Around

85
WalkingVery Walkable
42
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

3/10
2/10
William Allen High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1903

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Townhouse,Multi Family,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Gas
  • Cooling features: None

Property

Details

  • Parcel number: 549678588028 1
  • Zoning: B1/R
  • Special condition: None

Features

  • Stories: 3

Lot

  • Lot size: 2,134 sqft

Parking

  • Total spaces: 2