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    As-Is Mixed-Use Multi-Family Property Title is generated by Realmo AI

    250 E Hamilton Street, Allentown, PA 18109

    View on Map
    Claim this Listing
    For Sale
    $199,900

    MULTI_FAMILY - Allentown City, PA

    Property size:
    1,580 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $126/SF
    Added:
    May 18, 2026
    Days on Market:
    52
    Last Refresh:
    Jul 8 at 9:06 pm

    Property Features for 250 E Hamilton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Active
    APN
    640772179755-1
    Size
    1,580 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2500

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1850
    Floors in Building
    2
    Number of units
    2
    Building materials
    VinylSiding

    We can help!

    Contact an agent
    Cesar A. Martinez

    Listing agent Cesar A. Martinez

    Listing office HomeSnipe Real Estate, LLC 740 N 19th Street, Allentown, PA

    Listing date May 18, 2026

    MLS# 777325 Listing URL

    Copyright © 2026 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.

    HighLights

    • Potential multi‑unit, mixed‑use property
    • Built in 1850
    • Public water and public sewer
    • Vinyl siding exterior
    • Electric heating with baseboard heating
    • Window unit cooling

    Overview

    This property is a potential multi-unit, mixed-use building being sold as-is. The listing provides a property size of 1,580 square feet and a lot size of 0.069 acres. The current condition and any necessary repairs or improvements are not detailed beyond the as-is sale.

    Located at 250 E Hamilton Street in Allentown City, Pennsylvania 18109, the property is situated in Lehigh County. The land is zoned B-3, which is relevant for understanding what uses may be considered for future occupancy or redevelopment, subject to applicable approvals.

    For buyers looking for a multi-unit residential income property with mixed-use flexibility, this offering provides a straightforward acquisition framework with a defined zoning designation. Because it is sold as-is and the specifics of unit configuration and improvements are not provided, interested parties should plan to evaluate the building and verify how the intended use aligns with B-3 zoning and any permitting requirements.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.6k $16.20
    − Vacancy −$1.9k −$1.22
    EGI $23.7k $14.99
    − OpEx −$7.1k −$4.50
    NOI $16.6k $10.49
    1,580 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $236.8K
    $207.2K – $276.2K (±1% cap)
    NOI $16,573 @ 7.0% cap · market cap 8.29%
    Second Best
    Apartment 5plus
    $208.3K
    $182.2K – $243.0K (±1% cap)
    NOI $14,578 @ 7.0% cap · market cap 7.29%
    Theoretical Best
    Specialty Retail
    $310.4K
    $271.6K – $362.1K (±1% cap)
    NOI $21,728 @ 7.0% cap · market cap 10.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weinstein Supply Allentown ... Kitchen & Bath Showroom

    Suggested Use

    Dental Office Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.449468
    Latitude
    40.608405

    FAQs

    What type of property is this?
    Duplex - Multi-unit mixed-use opportunity offered as-is under B-3 zoning in Allentown City, PA.
    Where is this duplex located?
    The property is located at 250 E Hamilton Street Allentown, PA.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Potential multi‑unit, mixed‑use property; Built in 1850; Public water and public sewer
    More about this property
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