40 12Th St Allentown, PA 18101

This exceptional three-unit apartment building, located at 40 N 12th St in Allentown, Pennsylvania, presents a compelling investment opportunity. Built in 1900, this three-story structure boasts a total of 2,750 square feet situated on a 0.06-acre lot. The property features three individual units, each offering significant rental potential, contributing to a strong net operating income (NOI) of $35,336, resulting in an attractive 9.06% capitalization rate. The asking price is $389,900, translating to $141.78 per square foot and $129,967 per unit. The property is zoned R-H, and includes the convenience of two off-street parking spaces. The building's location in Allentown, Lehigh County, PA (zip code 18101) offers easy access to local amenities and transportation. With its solid income stream and potential for future appreciation, this property represents a rare opportunity for investors seeking a profitable multifamily investment in a desirable Pennsylvania location. The property's APN is 549689073380001. This is a turnkey investment ready for immediate income generation.