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220 S Madison St - 2 Unit in Allentown - 220 S Madison 2,010 SF Specialty Building Offered at $275,000 at a 9.10% Cap Rate in Allentown, PA 18102
Executive Summary
Fully Occupied Investment Property in Allentown, PA Great opportunity to own a fully leased property in Allentown with steady rental income. The landlord covers water, sewer, and trash, while tenants are responsible for gas, heat, and electric, helping offset operating costs. A solid investment in a strong rental market with consistent demand and reliable cash flow potential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $275,000 | Building Class | C |
| Price Per SF | $136.82 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 2,010 SF |
| Cap Rate | 9.10% | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1910 |
| Property Subtype | Residential Income | ||
| Zoning | R-MH - Resi | ||
| Price | $275,000 |
| Price Per SF | $136.82 |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,010 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R-MH - Resi |
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Exceptionally walkable
90/100
Fairly drivable
40/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 549677788628-1 | Improvements Assessment | $83,400 (2026) |
| Land Assessment | $6,700 (2026) | Total Assessment | $90,100 (2026) |
Property Taxes
Parcel Number
549677788628-1
Land Assessment
$6,700 (2026)
Improvements Assessment
$83,400 (2026)
Total Assessment
$90,100 (2026)
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220 S Madison St - 2 Unit in Allentown - 220 S Madison
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