444 Hanover Avenue

Allentown City, PA 18109

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!

Listing courtesy of Kelly M. Smith of Lehigh Valley 4 Rent LLC



Listing information is provided by Participants of the Greater Lehigh Valley REALTORS® MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Lehigh Valley REALTORS® MLS.
Data last updated at: 2026-10-22 05:51 AM UTC