1 month on rocket

117 N Penn St, Allentown City, PA, 18102

$230,000

Home List Price

$2,731*

Closing Credit

5 Bedrooms
2 Full Baths
1,200 SqFt
$192/SqFt
Townhouse
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

117 N Penn St, Allentown$230,000

Buyer Closing Credits

$2,731*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingNo Garage, On Street
Year Built1895
HeatingBaseboard, Electric
CoolingNone
MLS #732484
Lot Size0.02 Acres
StatusActive

About 117 N Penn St

Attention savvy investors! Get ready to elevate your portfolio with this exceptional two-unit property located at 117.5 N Penn St in Allentown. Boasting a rare combination of a 1-bedroom and a 4-bedroom unit, this property promises diverse rental income streams. With a gross income of $27,000 and a net income of $23,252 annually, this investment is a true cash cow. Priced competitively at $230,000, and with the owner responsible for taxes, trash, and insurance, managing this property is a breeze. Tenants handle all other utilities, further enhancing your return. Situated in a prime location in Allentown, this property offers tremendous rental potential. Don't miss out on this golden opportunity to secure a lucrative investment with a strong cap rate for this area. Act now and make this income-generating asset yours today!

Property Details

Property Features

Property Information:

  • Year Built: 1895
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: No Garage, On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • William Allen High School, Public District Grades 9-12
  • Harrison-Morton Middle School, Public District Grades 6-8
  • Central Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: From 4th st, left onto linden, right onto N Penn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $230,000
  • Price Per SqFt: $192/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Allentown, PA.

Map thumbnail provided by MapBox

Allentown, PA

City

Med. Sold Price

$270K

Med. Price/SqFt

$156

Avg. Days On Market

24

# of Sold Homes

109

117 N Penn St vs Allentown

59 DAYS ON ROCKET

+35 Days

$230,000

-$40K Less

$192/SqFt

+$35 More

KEY TAKEAWAY

This property is $40K less than the Median Sold Price and $35/SqFt more than other homes in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #732484

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 3:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3756426
5
/10

  • Central Elementary School

  • 829 W Turner St

  • 0.45 miles

  • Public District Grades 1-5

Middle School

school-card-donut-3756427
3
/10

  • Harrison-Morton Middle School

  • 137 N 2nd St

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-3756428
2
/10

  • William Allen High School

  • 106 N 17th St

  • 1.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,518. Most Allentown, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 N Penn St

What is the listing price of this property?

The listing price of 117 N Penn St property is $230,000.

What type of property is this?

The property 117 N Penn St is a townhouse located in Allentown City, Pennsylvania, 18102.

Is this property for sale now?

Active Listing: 117 N Penn St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 117 N Penn St are:
Central Elementary School: GreatSchools Rating 5/10
Harrison-Morton Middle School: GreatSchools Rating 3/10
William Allen High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 117 N Penn St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 117 N Penn St is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 117 N Penn St is 1895.

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18102›117 N Penn St

This home is located at 117 N Penn St in Allentown City, PA and zip code 18102 in the Center City neighborhood. This 1,200 square foot home, which was built in 1895, sits on a 0.02 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $230,000.

In March 2024, from all listings sold in Allentown, PA there were more than 54 sold above asking price, over 37 sold below and more than 18 were sold right at the asked price. Between February 2024 and March 2024, Allentown, PA real estate market has seen decrease in the number of listings by 5.7%. Listings spent 24 days on the market in March 2024, and had a median list price of $270,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources