Under Contract! Prime Allentown Triplex – A Perfect House Hacking Opportunity

Exciting news! The triplex at 330 N 16th St in Allentown, PA is officially under contract. This multi-unit property consists of three one-bedroom, one-bathroom units, with one unit currently vacant—making it an ideal opportunity for investors and future homeowners alike. One of the standout features of this property is its prime location, just a short walk from Lehigh Valley Health Network (LVHN) on Chew St, making it especially appealing for medical professionals, hospital staff, and tenants seeking convenience.

For those looking to house hack, this property offers tremendous potential. House hacking allows an owner to live in one unit while renting out the others, effectively reducing or even eliminating their housing expenses. With one vacant unit, the new owner can move in right away while generating rental income from the other two units to help cover the mortgage, property taxes, and other expenses. Over time, as rental rates increase, this strategy can build equity and generate wealth while minimizing personal housing costs.

Beyond the financial benefits, house hacking in a triplex like this provides flexibility and stability. Whether you’re a first-time homebuyer looking to offset costs, a young professional seeking financial freedom, or an investor wanting to break into the rental market, this property’s location and setup make it a smart choice. Plus, being within walking distance of LVHN means a consistent demand for rentals, ensuring long-term tenant interest. Stay tuned for more updates, and if you're considering a similar investment, now is the time to start looking for opportunities like this one!

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Under Contract! Prime Allentown Triplex – A Perfect House Hacking Opportunity