22 South 13th Street, Allentown, PA 18102

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$395,000

bedrooms

bathrooms

square feet

2,404

Acreage

Open Houses

year built

1905

Full Baths

Half Baths

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Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. High Demand Rental Market: Allentown is growing, and there’s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline. Efficient Management and Turnover: This property’s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels. Value-Add Potential: Minor upgrades could boost rents and enhance property value. Strong Market Fundamentals: Allentown’s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base. This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.

Location
Subdivision	Not in Development
County	Lehigh
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 748083

Listing agent: Jennifer L. Dejesus

Listing broker: Steel City Realty (484) 895-9005

Copyright © 2025 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:11 p.m. EDT

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