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$250,000 Just Listed

For Sale
Active
Single Family
5 Beds
1 Full Bath
1 Partial Bath
3,040 Sq. Ft.
Updated 23 hours ago

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Property Description

Welcome to this exceptional 5-bedroom, 1.5-bathroom single-family corner property, complete with a detached garage and offering an incredible 12% cap rate! This home is a true investment gem, currently leased for an impressive $2,500 per month, with tenants covering all utilities. The spacious first floor features a cozy living room, a formal dining room, and a huge kitchen equipped with modern finishes, perfect for both family gatherings and entertaining. Head upstairs to discover 5 generously sized bedrooms and a full bathroom. The full basement provides ample storage space, as well as a washer and dryer, plus a convenient half bath.Step outside to enjoy the covered patio overlooking a massive fenced-in yard, complete with a utility

Full Property Details

Full Property Details for 123 N Penn St

General

Price: $250,000
Taxes: $2,488
Status: Active
Type: Single Family
Source: Lehigh_Valley
MLS ID: 754271
Updated: 3/27/2025
Added to Site: 6 day(s) ago

Interior

Appliances: Clothes Dryer Electric, Clothes Washer, Cooktop Gas, Dishwasher, Energy Star, Microwave, Oven Gas, Refrigerator, Washer/Dryer
Flooring: Ceramic Tile, Concrete, Laminate/Resilient, Tile, Vinyl, Wall-to-Wall Carpet

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 5

Exterior

Exterior Features: Awning, Balcony, Covered Deck, Covered Patio, Utility Shed

Parking

Garage: Yes
Garage Description: Detached

Location

Area: Allentown-Central
County: Lehigh
Subdivision: Not in Development

Community

Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

Cooling Type: Window ACs
Heating Type: Baseboard, Forced Air

Utilities

Sewer: Public
Water: Public

Structural Information

Architectural Style: Other
Construction: Stucco
Basement Desc.: Full
Square Feet: 3,040
Year Built: 1890

Lot Features

Property View: Valley
Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,598
Lot Size Source: Tax Records
Lot Dimensions: 17 x 109.70
Zoning: R-H-High Density Residential

Financial Considerations

Tax Amount: $2,488.71

Disclosures and Reports

Special Conditions: Not Applicable

Listed by EXP Realty LLC

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— 123 N Penn St —

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Schools

Schools serving 123 N Penn St

School District:Allentown School District

Name	Grades	Distance
Central Elementary School, Allentown, PA 829 W Turner St, Allentown, PA 18102	1-5	0.4 mi
Lincoln Early Childood Center 517 N 15th St, Allentown, PA 18102	PK-PK	1.2 mi
Harrison-Morton Middle School 137 N 2nd St, Allentown, PA 18101	6-8	0.4 mi
William Allen High School 106 N 17th St, Allentown, PA 18104	9-12	1.5 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 N Penn St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/22/2025

Listed

$250,000

47.06%

MLS

6/08/2022

Sold

$170,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 123 N Penn St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,489

—

$76,400

—

2024

$2,489

—

$76,400

—

2023

$2,489

-35%

$76,400

—

2022

$3,828

68%

$76,400

—

2019

$2,282

—

$76,400

—

2020

$2,292

2%

$76,400

—

2019

$2,255

7%

$76,400

—

2018

$2,104

3%

$76,400

—

2017

$2,051

—

$76,400

—

2016

$2,054

—

$76,400

—

2015

$2,055

-32%

$76,400

—

2014

$3,023

—

$76,400

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 123 N Penn St

123 North Penn Street, Allentown City, PA 18102 (MLS# 754271) is a Single Family property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 123 North Penn Street is currently listed for $250,000 and was received on March 22, 2025. Want to learn more about 123 North Penn Street? Do you have questions about finding other Single Family 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.

123 N Penn St Allentown City, PA 18102