1142 Spring Garden Street, Allentown, PA 18102
Local realty services provided by:ERA One Source Realty
1142 Spring Garden Street,Allentown City, PA 18102
$395,000
- 5 Beds
- 2 Baths
- 2,120 sq. ft.
- Multi-family
- Active
Listed by: ignacio e. patricio, melianny mercedes
Office: ignite realty group
MLS#:772286
Source:PA_LVAR
Price summary
- Price:$395,000
- Price per sq. ft.:$186.32
About this home
Welcome to 1142 Spring Garden St, Allentown, a strategically located multifamily investment opportunity in the heart of Central Allentown offering immediate cash flow and long term upside.
This property features two residential units. Unit 1 has been fully renovated and is move in ready, ideal for an owner occupant or immediate lease up at market rents. Unit 2 is currently tenant occupied, providing steady in place income from day one.
Included in the sale is a separate parcel at 1133-1141 W Union St., currently operating as a rental parking lot. The lot offers 7 total parking spaces, with 6 rented on a month to month basis and 1 space available, creating an additional income stream with room for increased revenue. The parcel spans 4,845 square feet, offering flexibility and potential for future repositioning or redevelopment.
With diversified income streams, value add potential, and a prime location near major routes, schools, and local amenities, this property presents a compelling opportunity for investors or buyers seeking strong returns and built in cash flow.
Schedule your showing today and explore the potential this property has to offer.
Contact an agent
Home facts
- Year built:1905
- Listing ID #:772286
- Added:1 day(s) ago
- Updated:March 05, 2026 at 06:48 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,120 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1905
- Building area:2,120 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Brick
- Levels:3 or More Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$186.32
- Tax amount:$2,840
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