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Local Realty Service Provided By: Coldwell Banker Town & Country Properties

Property view

240 E Hamilton Street, 
Allentown City, PA 18109

$306,000


3

Beds


2

Baths


1,918

Sq Ft


Multi-Family

Sold

Listed by

Luis Paulino

Bought with Howard Hanna TheFrederickGroup

Light House Realty Lv LLC.

MLS#

775224

Source:

PA LVAR

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About This Home

240 E Hamilton Street

9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1915

Subdivision & Development:

Not in Development

Price Summary

289,900

$151 per Sq. Ft.

MLS #:

775224

Sold:

June 23, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,918 Sq. Ft.


Structure

Structure

Building Area:

1,918 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

1,934


Finances & Disclosures

Finances

Price:

$289,900

Price per Sq. Ft:

$151 per Sq. Ft.

Source:PA LVAR
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