240 E Hamilton Street, Allentown, PA 18109

Local realty services provided by:ERA One Source Realty
240 E Hamilton Street,Allentown City, PA 18109
$289,900
  • 3 Beds
  • 2 Baths
  • 1,918 sq. ft.
  • Multi-family
  • Active
Listed by: luis paulino
Office: light house realty lv llc.
MLS#:775224
Source:PA_LVAR

Price summary

  • Price:$289,900
  • Price per sq. ft.:$151.15

About this home

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...

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Home facts

  • Year built:1915
  • Listing ID #:775224
  • Added:1 day(s) ago
  • Updated:April 18, 2026 at 09:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,918 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1915
  • Building area:1,918 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick
  • Levels:3 or More Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$289,900
  • Price per sq. ft.:$151.15
  • Tax amount:$3,035

Parking

  • Total parking spaces:4
  • Parking description:Off Street, Parking Pad