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$1,190,000
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Property Description
9.4% Cap Rate - Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property's lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.
Full Property Details
Full Property Details for 39 N 11th St
General
- Sold For: $1,190,000
- HOA FEE: $1,000
- Taxes: $8,053
- Status: Closed
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 760476
- Added to Site: 245 day(s) ago
Interior
- Interior Features: Balcony
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 9
Additional Information
- Security/Safety: Fire Escape
Parking
- Total Spaces: 6
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Cross Streets: Linden St
- Driving Directions: Route 22 to 7th street south to linden street turn left go to N 11th and make a right turn . Property will be on the left on 11th
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 5,604
- Living Area: 5,604 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.106
- Lot Size (Sq. Ft.): 4,617
- Lot Size Source: Public Records
- Zoning: R-H-HIGH DENSITY RESIDENT
Financial Considerations
- Maint. Fee: $1,000
- Operating Expenses: $17,053
- Tax Amount: $8,053
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 549689792985001
Listed by EXP Realty LLC
Sold by NON MBR Office
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Schools
Schools serving 39 N 11th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Mckinley El School, Allentown, PA 1124 West Turner Street, Allentown, PA 18102 | 1-5 | 0.1 mi |
Lincoln Early Chld Center 1402 Walnut Street, Allentown, PA 18102 | PK-5 | 0.4 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 0.8 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 39 N 11th St
Date
Details
Price
Change
Source
10/20/2025
Sold
$1,190,000
10.7%
MLS
7/03/2025
Listed
$1,075,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
39 N 11th Street, Allentown City, PA 18101 (MLS# 760476) is a Apartment property that was sold at $1,190,000 on October 20, 2025. Want to learn more about 39 N 11th Street? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.
