New Listing
$299,900
 $1,610 est/mo Sourced by Back At You

444 Hanover Avenue,Allentown City, PA 18109

Allentown City, PA 18109

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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!

Details

MLS #786406
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1915
Days On Site2
Listing Provided ByLehigh Valley 4 Rent LLC | Kelly M. Smith

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,812
Story(s)3
Units2
ZoningR-Mh
Acreage0.04

Parking

Garage Yes / NoYes
Parking FeaturesDetached, Garage

Taxes

Tax Annual Amount3122.39

Area Information

StatePA
CountyLehigh
CityAllentown City
Zip Code18109
AreaAllentown East
Community NameNot in Development
Listing VS Median (in Not in Development)
Price:
$299,900
low | high
Med:
$289,900
53.334444814938% of Average
sqft:
1,812
low | high
Med:
2,259
25.331125827815% of Average
$ / sqft:
$166
low | high
Med:
$133
69.561156167981% of Average
On site:
2
low | high
Med:
25
8% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

StatePA
CountyLehigh
CityAllentown City
Zip Code18109
AreaAllentown East
Community NameNot in Development
Listing VS Median (in Not in Development)
Price:
$299,900
low | high
Med:
$289,900
53.334444814938% of Average
sqft:
1,812
low | high
Med:
2,259
25.331125827815% of Average
$ / sqft:
$166
low | high
Med:
$133
69.561156167981% of Average
On site:
2
low | high
Med:
25
8% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $224K - $374K
sqft: 1,000 - 2,000
Listing Updated: October 16, 2026 at 7:58:52 AM PDT