521 N 6th Street, Allentown, PA 18102

Allentown
Local realty services provided by:ERA One Source Realty
521 N 6th Street,Allentown City, PA 18102
$349,000
  • 5 Beds
  • 3 Baths
  • 2,208 sq. ft.
  • Multi-family
  • Active
Listed by: frank j. renaldi, jr.
Office: the real estate firm&propmngmt
MLS#:783022
Source:PA_LVAR

Price summary

  • Price:$349,000
  • Price per sq. ft.:$158.06

About this home

NEW PRICE: $349,000 w/ Owner Down Payment Financing possible up to $50K as a second lien!!! Property will now be sold with a clear CO. 521 N. 6th Street presents an exceptional opportunity to acquire a fully licensed Single Room Occupancy (SRO) investment delivering immediate cash flow, strong operating performance, and meaningful upside in one of the Lehigh Valley’s most resilient rental markets. Priced at just $349,000, this stabilized asset generates a Current Net Operating Income of $31,140, producing an impressive 8.92% capitalization rate. Through modest rent optimization and continued professional management, the property offers a projected Pro Forma NOI of $34,140, increasing returns to an outstanding 9.78% pro forma cap rate. These performance metrics position the property among the stronger cash-flow opportunities currently available in the region. Unlike traditional multifamily properties that rely on a small number of apartment leases, this licensed SRO benefits from...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Subdivision & Development:Not in Development
  • Listing ID #:783022
  • Added:44 day(s) ago
  • Updated:October 03, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,208 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1890
  • Building area:2,208 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:$349,000
  • Price per sq. ft.:$158.06
  • Tax amount:$2,537

Parking

  • Parking description:Garage, On Street
  • Garage:Yes

New listings near 521 N 6th Street