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Image 1 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 2 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 3 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 4 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 5 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 6 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 7 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 8 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Image 9 - Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA - House for sale
Home For Sale In Allentown, Pennsylvania
Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA

Home For Sale In Allentown, Pennsylvania

house for sale
Listed: 05/17/24

Ikee's Corner, 248 North 5th Street, Allentown, PA 18102, USA

Studio Bed:
2,400 Sq Ft Living Area:
Save
Price
$ 250,000

About This House

Attention investors ! TWO UNITCorner property will be a great add to your investment portfolio with an 8% CAP currently and room to asset manage rents to provide more cashflow. Unit 1 is a large one bedroom and Unit 2 is a large two bedroom both with longer term tenants. Ease of renting as property is right next to St Luke's medical facilities and walking distance to all that Center City Allentown has to offer. Annual gross rent is$26, 640.Low property taxes at only $2543 per year. Property has one brand new gas furnace replaced in 2024. All utilities are separated and tenants also pay for trash in their rent. Property is being sold as is and buyer will be responsible for the city of Allentown CO repairs.

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Sacred Heart Housing & Living

Household Income

Median household income: $38,522
Number of households: 41,935
The average household income in Allentown, PA grew from $37,256 to $38,522 in the past year. This data is an estimate based upon 41,935 households in Allentown, PA.
The chart below presents how household income is distributed in Allentown, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Allentown, PA compared to median property taxes around the country. The prevalent amount of property taxes in Allentown, PA equals $3k+ , which is more than the national average.