As-Is Mixed-Use Multi-Family
250 E Hamilton Street Allentown, PA 18109
250 E Hamilton Street, Allentown, PA, 18109
$199,900
For Sale
$199,900
MULTI_FAMILY - Allentown City, PA
Property Size1,580 SF
Lot Size0.07 Acres
Price / SF$126.52
Days on Market65
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
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1850
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- VinylSiding
Listing agency
HomeSnipe Real Estate, LLC
(484) 664-2828
Listed by
Cesar A. Martinez
(484) 664-2828
Added: May 18 Updated: Jul 21 at 8:39AM Checked: Jul 21 at 11:06AM
MLS# 777325
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Potential multi‑unit, mixed‑use property
- Built in 1850
- Public water and public sewer
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
NOI $16,573 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$208.3K
$182.2K – $243.0K
NOI $14,578 @ 7.0% cap · market cap 7.29%
Theoretical Best
Specialty Retail
$310.4K
$271.6K – $362.1K
NOI $21,728 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Weinstein Supply Allentown ...
Kitchen & Bath Showroom
Similar For Sale Nearby
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
