Residential Income Portfolio of
Portfolio of 6 Homes Allentown, PA 18109
Portfolio of 6 Homes, Allentown, PA, 18109
$1,130,000
For Sale
$1,130,000
MULTI_FAMILY - Allentown City, PA
Property Size7,769 SF
Lot Size0.14 Acres
Price / SF$145.45
Days on Market99
Property Features for Portfolio of 6 Homes
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Resi
- Bedrooms
- 19
- Bathrooms
- 7
- Rooms
- Bathroom 4, Bedroom 15, Bedroom 3, Bedroom 9, Bedroom 18, Bedroom 14, Bedroom 2, Bedroom 5, Bedroom 16, Bathroom 7, Bedroom 6, Bathroom 1, Bedroom 10, Bedroom 19, Bathroom 6, Bathroom 2, Bedroom 8, Bedroom 13, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 12, Bedroom 11, Bedroom 4, Bedroom 1, Bedroom 17
- Parking
- 8
- Standard status
- Active
- APN
- 640735771342 001
- Size
- 7,769 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9203
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 6
- Building materials
- Brick, VinylSiding
Listing Agency
Steel City Realty
(484) 895-9005
2505 Newburg Road, Bethlehem, PA
Listed by
Jennifer L. DeJesus · License #RM423820
(484) 895-9005
Added: Apr 11 Checked: Jul 18 at 7:06 am
MLS# 774344
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.
Investment Insights
Based on property information with market context.
This portfolio is offered as a packaged deal consisting of six single-family homes in Allentown City, PA. According to the listing remarks, six of the seven homes in the overall offering are fully occupied. The property is presented under residential zoning (Resi), and interested buyers are directed to review the individual MLS listings for additional specifics about each home.
The offering is identified by a single address for the portfolio: “Portfolio of 6 Homes, Allentown City, PA 18109,” within Lehigh County. The remarks reference multiple MLS numbers tied to the component properties, providing a clear roadmap for scheduling showings and confirming unit-level details.
For investors or buyers seeking a residential income package, the key operational takeaway is the current occupancy stated in the remarks. With six homes reported as fully occupied and described as cash-flowing, this structure may appeal to those looking for a multi-home residential acquisition rather than a single property. Because each home is listed separately, buyers can evaluate each unit’s specifics while keeping the overall purchase aligned with the packaged-deal format.
The offering is identified by a single address for the portfolio: “Portfolio of 6 Homes, Allentown City, PA 18109,” within Lehigh County. The remarks reference multiple MLS numbers tied to the component properties, providing a clear roadmap for scheduling showings and confirming unit-level details.
For investors or buyers seeking a residential income package, the key operational takeaway is the current occupancy stated in the remarks. With six homes reported as fully occupied and described as cash-flowing, this structure may appeal to those looking for a multi-home residential acquisition rather than a single property. Because each home is listed separately, buyers can evaluate each unit’s specifics while keeping the overall purchase aligned with the packaged-deal format.
Key Highlights
- Packaged deal: 6 single‑family homes in Allentown
- 6 of the 7 homes are fully occupied and cash‑flowing
- Public water and public sewer
Local 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 | $139.8k | $18.00 |
| − Vacancy | −$9.5k | −$1.22 |
| EGI | $130.3k | $16.78 |
| − OpEx | −$58.6k | −$7.55 |
| NOI | $71.7k | $9.23 |
7,769 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.02M
$896.0K – $1.19M
NOI $71,683 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,839 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Packaged deal featuring six single-family homes with most units fully occupied.
Where is this single family property located?
The property is located at Portfolio of 6 Homes Allentown, PA.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: Packaged deal: 6 single‑family homes in Allentown; 6 of the 7 homes are fully occupied and cash‑flowing; Public water and public sewer
