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$142,500
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Property Description
Investor Special! This 3-bedroom property at 420 N Law St, Allentown is priced at $149,900 and offers excellent rental potential. The previous tenant paid $1,150/month, with all utilities in tenant's name. Owner expenses were limited to taxes and insurance, estimated at $1,900 annually. Based on prior rent, the property delivers a cap rate of approximately 8.3%, with room to increase rents for even stronger returns. Currently vacant, providing flexibility for new leasing or improvements. A clear Certificate of Occupancy will be provided, and the property features off-street parking in the rear plus a playground directly across the street-a great draw for tenants. Solid cash-flow potential at a competitive price!
Full Property Details
Full Property Details for 420 N Law
General
- Sold For: $142,500
- HOA FEE: $500
- Taxes: $1,353
- Status: Closed
- Type: Townhouse
- Source: Lehigh_Valley
- MLS ID: 763334
- Added to Site: 149 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 1
- Parking Features: Off Street, On Street
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Old Frgrnds Historic
- Driving Directions: From Center Square Allentown: North on 7th St, right on Hamilton, left on N Law St. Property is on right, across from playground. Off-street parking in rear.
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 1,148
- Living Area: 1,148 Sq. Ft.
- Year Built: 1901
Lot Features
- Lot Size (Acres): 0.025
- Lot Size (Sq. Ft.): 1,102
- Lot Size Source: Public Records
- Zoning: R-MG-Medium Density
Financial Considerations
- Maint. Fee: $500
- Tax Amount: $1,353.87
Disclosures and Reports
- Property ID: 640702991022 001
Listed by DKR Property Mgmt & Maint LLC
Sold by IronValley RE of Lehigh Valley
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Schools
Schools serving 420 N Law
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Allentown, PA 829 West Turner Street, Allentown, PA 18102 | 1-5 | 0.4 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.5 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.4 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 420 N Law
Date
Details
Price
Change
Source
10/13/2025
Sold
$142,500
-4.94%
MLS
8/21/2025
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
420 N Law, Allentown, PA 18102 (MLS# 763334) is a Townhouse property that was sold at $142,500 on October 13, 2025. Want to learn more about 420 N Law? Do you have questions about finding other Townhouse real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

