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542 N 6th St Allentown, PA 18102

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For Sale
$705,000

Five units with four garage rentals, strong income potential.

Type:Multifamily
Property size:
6,052 SF
Added:
Mar 4, 2026
Days on Market:
28
Last Refresh:
Mar 16 at 2:29 pm

Property Features for 542 N 6th St

General Information

Standard status
Active
Size
6,052 SF
Property subtype
Multifamily

Building Details

Year Built
1895

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Listing Contact
Frank Renaldi
Frank Renaldi

Listing agent Frank Renaldi License #PA - RM426277

Listing office The Real Estate Firm & Property Management

Listing date Mar 4, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Firm & Property Management


Overview

Multifamily Property with Garage Rentals

This multifamily property features five units and four detached garage rentals. The unit mix includes one 1-bedroom/1-bathroom unit, two 2-bedroom/1-bathroom units, and two 4-bedroom/1-bathroom units. The property's size is 6,052 square feet. The gross scheduled rent is $84,384, resulting in a net operating income of $59,844. The expense ratio is approximately 29%. The property has an 8.49% cap rate and a 1.53 Debt Service Coverage Ratio (DSCR). The property is located in Allentown, PA. The diversified unit mix, including the 4-bedroom units, attracts strong tenant demand and supports stable occupancy. The property is attractive for leveraged investors.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Location Insight

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  • Local Demand
City
Allentown
County
Lehigh
State
Pennsylvania
Longitude
-75.4739588
Latitude
40.6108014

FAQs

What type of property is this?
Apartment building - Five units with four garage rentals, strong income potential.
Where is this apartment building located?
The property is located at 542 N 6th St Allentown, PA.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: 8.49% Cap Rate; 1.53 DSCR (DSCR Loan Friendly); Multiple Income Streams with 5 Units plus 4 Garages
More about this property
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