Renovated Multi-Family
410 N 2nd Street Allentown, PA 18102
New
For Sale
$199,900
MULTI_FAMILY - Allentown City, PA
Property Size1,955 SF
Lot Size0.03 Acres
Price / SF$102.25
Days on Market7
Property Features for 410 N 2nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- On Street
- Standard status
- Active
- APN
- 640733472828-00001
- Size
- 1,955 SF
- Lot size
- 0.03 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 1
- Building materials
- Brick
Listing Agency:
Century 21 Ramos Realty
(484) 664-2340
Listed By:
Maria Rossi
(908) 358-9408
Added: Jul 21
Changed: Jul 26
Last Checked: Jul 27 at 3:06AM
MLS# 781206
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 residential income asset featuring 5 bedrooms and 2 bathrooms. Updates include an added second bathroom, completed renovations, brand-new carpet, and fresh paint throughout. Larger mechanical and exterior components are already addressed, including a water heater installed approximately three years ago and roof work completed.
The home is located in Allentown City, Pennsylvania on N 2nd Street within Lehigh County. The listing notes that it is positioned close to schools and everyday conveniences.
With its renovated interior and documented improvements, the residence is presented as move-in ready for a new owner and tenant.
The home is located in Allentown City, Pennsylvania on N 2nd Street within Lehigh County. The listing notes that it is positioned close to schools and everyday conveniences.
With its renovated interior and documented improvements, the residence is presented as move-in ready for a new owner and tenant.
Key Highlights
- 5‑bedroom, 2‑bath home with public water and public sewer
- Brick construction with forced air natural gas heating
- Window unit cooling
Financial Insights For Apartment 5plus
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 | $35.2k | $18.00 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $32.8k | $16.78 |
| − OpEx | −$14.8k | −$7.55 |
| NOI | $18.0k | $9.23 |
1,955 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$257.7K
$225.5K – $300.6K
NOI $18,038 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$384.1K
$336.1K – $448.1K
NOI $26,885 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Renovated multi-family home with 5 bedrooms and 2 bathrooms, featuring a newer water heater and recent roof work.
Where is this single family property located?
The property is located at 410 N 2nd 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: 5‑bedroom, 2‑bath home with public water and public sewer; Brick construction with forced air natural gas heating; Window unit cooling
