256 E Hamilton Street
Allentown City, PA 18109
- 6 beds
- 3 baths
- 2,430 sqft
- 6,599 sqft lot
- $135 per sqft
- 1890 build
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***Investment Opportunity: Renovated 2-Unit Property in Desirable East Allentown with 9.5% Cap Rate!*** This spacious 2,400+ sq ft duplex offers modern amenities and strong rental income potential, making it an ideal addition to any investor’s portfolio. Located in the sought-after East Side of Allentown, the property is close to schools, shopping, restaurants and other conveniences, ensuring high tenant demand. 1st Floor Unit features 2 bedrooms with new flooring, updated kitchen & bathroom and access to a cozy covered balcony. 2nd Floor Unit features two floors of living space, 4 generously-sized bedrooms, large kitchen and a modern bathroom with also a private covered balcony for tenant enjoyment. Additionally, the full walkout basement has a full bathroom and it's ideal for additional storage or future development/apartment. A large unpaved parking area with space for multiple vehicles, offering an opportunity for added rental income. Situated in a prime location with easy access to nearby amenities & highways, boosting tenant appeal and retention. With its updated interiors, ample off-street parking and competitive 9.5% cap rate, this property is a must-see for serious investors. Don’t miss out on this lucrative opportunity - schedule your showing today!
Last checked:
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Last updated May 15, 2025
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MLS# 749666 —
The Building
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Construction Materials:Brick
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Year Built:1890
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Number Of Units Total:2
Interior
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Stories:3
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Stories Total:3
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Living Area:2430.0
Financial & Terms
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Listing Terms:Cash,Conventional
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Buyer Financing:Conventional
Location
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Longitude:-75.449039
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Latitude:40.608317
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Detached
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Zoning:B-3-HIGHWAY BUSINESS
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Parcel Number:640772278823001
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Lot Size Acres:0.151
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Lot Size Area:6599.0
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Lot Size Square Feet:6,599 Sqft
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Lot Size Units:SquareFeet
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (610) 766-7200
- Office phone:
- (610) 766-7200
Taxes
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Tax Annual Amount:$3,899.94
Beds
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Bedrooms Total:6
Baths
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Bathrooms Full:3
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Bathrooms Total:3
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Electric
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Allentown
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High School District:Allentown
The Community
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Subdivision Name:Not In Development
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Senior Community:false
Parking
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Parking Features:OffStreet, ParkingLot, OnStreet
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Parking Total:8.0
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/25
Jan 21, 2025
|
Sold | GLVR | $330,000 | 340.6% (51.0% / YR) |
|
5/17/18
May 17, 2018
|
GLVR | $74,900 |
