3 Unit - Allentown PA_ OFF MARKET (LISTED)

Exclusive Off-Market Multi-Family Opportunity – 330 N 16th St, Allentown, PA

The Morrow Wargo Group is offering an exclusive off-market opportunity to acquire a well-positioned three-unit residential property in Allentown, PA, before it is listed on the market. The seller has provided written authorization for a limited release to our investor clients, presenting a rare chance to secure this asset in advance.

This multi-family property is located within walking distance of Lehigh Valley Health Network and St. Luke’s University Health Network, making it an attractive option for tenants. Two of the three units are currently leased, providing immediate rental income, while the vacant unit presents a house-hacking opportunity for owner-occupants or an additional income stream for investors.

The property offers significant upside potential, with rents currently below market value. There is also an opportunity to implement a RUBS (Ratio Utility Billing System) program to further optimize cash flow. With strong rental demand in the area and continued economic growth in the Lehigh Valley, this property is well-positioned for long-term appreciation.

Investment Highlights:

Prime location near major employers, healthcare facilities, and universities
Immediate rental income with value-add potential
Opportunity for house-hacking or market-rate leasing
Flexible management options for investors
Buyer Information & Next Steps
The purchase price is firm, and all property tours require an executed agency agreement prior to scheduling. The seller may provide a clear Certificate of Occupancy with a strong offer.
Owner Paid Heat- RUBS Method should be used, or value add thru splitting units

For more details, supporting documents, and scheduling inquiries, contact The Morrow Wargo Group today. This property is only available off-market for a limited time.