Discover your next investment opportunity in the vibrant heart of Allentown City! This well maintained 2-unit apartment-style property offers an unbeatable combination of location, character, and income potential. Nestled conveniently close to major attractions and businesses, this property is ideal for both new and seasoned investors looking to expand their portfolio. Both units are currently leased with long-term tenants in place, yielding immediate cash flow to the new owner. Thoughtfully updated and exceptionally well-maintained, this property stands out with its attention to detail and qualifies for a clear Certificate of Occupancy (CO) from the city which will be delivered prior to closing. In addition to the Clear Co, the property has gone through the City of Allentown Housing Rehabilitation Departments Healthy Home Hazard Inspection and repairs were completed in May of 2022.
Property Details
Property Features
Property Information:
Year Built: 1908
Stories: 3
Living Area: 1,938 SqFt
Listing Office:
Office Name: Acre and Estate
Office Phone: (610) 936-9953
Exterior Features
Parking Information:
Parking: No Garage, On Street
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Baseboard, Electric, Natural Gas, Steam
Cooling: None
Other
Directions Information:
Directions: Head towards S 6th St on W Hamilton St. Turn L onto 6th St (PA-145 N). Turn L onto W Linden St (PA-222 S). Turn L onto N 12th St (PA-222 S). Continue on S 12th St (PA-222 N). Turn R onto W Hickory St. Turn R onto S 12th Street.
Price Information
Listing Price Info
Price Summary:
List Price: $319,900
Price Per SqFt: $165/SqFt
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Housing Market Comparison
See how this home compares to others in Allentown, PA.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Central Elementary School
829 W Turner St
Distance between this listing and this school0.57 miles
Public District Grades 1-5
3
/10
Arts Academy Elementary Charter School
601 W Union St
Distance between this listing and this school0.65 miles
Public Charter Grades KG-5
4
/10
Ramos Elementary School
1430 W Allen St
Distance between this listing and this school0.78 miles
Public District Grades KG-5
Nearby Schools
1
/10
Francis D. Raub Middle School
102 S Saint Cloud St
Distance between this listing and this school0.68 miles
Public District Grades 6-8
3
/10
Trexler Middle School
851 N 15th St
Distance between this listing and this school1.10 miles
Public District Grades 6-8
3
/10
Harrison-Morton Middle School
137 N 2nd St
Distance between this listing and this school1.30 miles
Public District Grades 6-8
Nearby Schools
2
/10
William Allen High School
106 N 17th St
Distance between this listing and this school0.69 miles
Public District Grades 9-12
2
/10
Building 21 Allentown
265 Lehigh St
Distance between this listing and this school0.70 miles
Public Magnet Grades 9-12
4
/10
Roberto Clemente Charter School
136 S 4th St
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $33,962. Residents of Allentown, PA typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 12th St
What is the listing price of this property?
The listing price of 116 12th St property is $319,900.
What type of property is this?
The property 116 12th St is a townhouse located in Allentown City, Pennsylvania, 18102.
Is this property for sale now?
Active Listing: 116 12th St is For Sale (Active/New) which means the seller is accepting offers.
What is the square footage of this property?
The property 116 12th St is 1,938 SqFt (source: MLS/tax record).
This home is located at 116 12th St in Allentown City, PA and zip code 18102 in the Center City neighborhood. This 1,938 square foot home, which was built in 1908, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $319,900.
Allentown, PA housing market in October 2024 saw over 74 listings sold above listed price, more than 27 sold at listed price and over 56 sold below. The number of homes for sale in Allentown, PA decreased by 5.8% between September 2024 and October 2024. Listings spent 18 days on the market in October 2024, and had a median list price of $289,995 during the same period.
From Rocket Homes Real Estate and based on county public records data.