232 North Railroad Street
Allentown City, PA 18102
- 4 beds
- 1 bath
- 1,037 sqft
- 950 sqft lot
- $216 per sqft
- 1893 build
INVESTMENT OPPORTUNITY! TURNKEY RENTAL PROPERTY! Don’t miss this beautifully renovated 3-bedroom brick townhome, located in the heart of Allentown! This move-in-ready property is currently rented at $1,575 per month, offering a fantastic opportunity for investors seeking steady rental income. With thoughtful restoration, the home seamlessly blends modern updates with timeless charm. Featuring brand new flooring throughout, fresh paint, newer windows, updated lighting, and more, this property is the perfect turnkey investment. The updated kitchen offers ample cabinet space and recessed lighting. It’s an ideal space for cooking and entertaining. The bathroom is tastefully renovated with a stylish subway tile tub/shower surround, giving it a fresh, modern look. New perimeter exterior fence installed, providing privacy and a comfortable space to relax during all seasons. Upstairs, the home boasts generously sized bedrooms with plenty of closet space, along with an additional office or walk-in closet, offering added versatility for tenants. The large third floor provides potential for additional living space, whether as an extra bedroom, playroom, or home gym. The basement features laundry hookups, and the fenced-in backyard offers a private outdoor space, perfect for relaxation or entertainment. This property is an excellent turnkey rental opportunity, generating consistent rental income with the potential for future growth. Don't miss out this opportunity to grow your portfolio!
Last checked:
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Last updated Mar 18, 2025
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MLS# 752571 —
The Building
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Year Built:1893
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Construction:Brick
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Style:Colonial
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Stories:2.5
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Basement:Full
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SqFt:1,037 Sqft
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SqFt Source:Estimated
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SqFt Approx Above Grade:1,037 Sqft
Interior
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Total Rooms:6
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Total Room Count:7
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Dining:Eat-In Kitchen
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Floor:Hardwood
Location
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Area:Allentown-Central
The Property
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Property Type:Residential
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Property Subtype:Residential
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Property Subtype Category:Row/Townhouse
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Zoning Code:R-Mh
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Lot Size:1-6000 sq. ft.
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Lot Size Source:Estimated
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Lot SqFt:950
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Acres:0.022
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$1,240
Beds
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Bedrooms:4
Baths
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Baths:1
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Full Baths:1
Heating & Cooling
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Heat Type:Gas
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Cooling:None
Utilities
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Water:Public
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Sewer:Public
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Hot Water:Electric
Appliances
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Appliances:Microwave, Oven Gas, Refrigerator
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Garage:Off Street, On Street
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# of Cars:1
Monthly cost estimate
Asking price
$225,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,204
|
| Taxes | $103 |
| Insurance | $61 |
| Utilities | $173 See report |
| Total | $1,541/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/18/25
Mar 18, 2025
|
Listed / Active | GLVR | $225,000 | 50.0% (39.4% / YR) |
|
12/11/23
Dec 11, 2023
|
GLVR | $150,000 | ||
|
10/31/23
Oct 31, 2023
|
GLVR |
45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $35k over asking price.
