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(610) 533-4549
Real Estate Company
444 Hanover Ave, Allentown, PA 18109
- $299,900
- 4
- BD
- 2
- BA
- 1,812
- SqFt
- List Price
- $299,900
- MLS#
- 786406
- Status
- ACTIVE
- Type
- Multifamily
- City
- Allentown
- Area
- Allentown-East
- County
- Lehigh
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,812
- Lot Size
- 1,921
- Year Built
- 1915
Property Description
Excellent East Allentown opportunity to own an income-producing two-unit property at 444 Hanover Avenue! 7.5% Pro Forma CAP rate. Conveniently located near shopping, dining, and major roadways, this property offers immediate rental income with additional upside potential. Unit 1 is currently rented at $1,200/month, while vacant Unit 2 offers projected rental income of $1,600/month. The garage generates an additional $150/month, bringing total projected gross rental income to $2,950/month or $35,400 annually. Tenants are responsible for heat and electric, helping minimize operating expenses. This property presents an attractive opportunity for investors looking to expand their portfolio. Property is being sold strictly as-is. Schedule your showing today!
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Additional Information
- Property Taxes
- $3,122
- Acres
- 0.04
- Cooling
- None
- Living Area
- 1,812
- Lot Size
- 1,921
- Parking Spaces
- 1
- Region
- Allentown-East
- School District
- Allentown
- Sewer
- Public Sewer
- Stories
- 3
- Subdivision
- Not In Development
- Zoning
- R-Mh
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Listing courtesy of Lehigh Valley 4 Rent LLC. Contact:
The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.